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    8 September 2016
    Network Regulation
    The Electricity Market Review has released a position paper setting out proposed changes to the Network Quality and Reliability of Supply Code (NQRS Code). Changes to the NQRS Code are being proposed to facilitate regulation of Western Power under the national framework with respect to the continued jurisdictional regulation of service standards, network capacity planning criteria and power quality performance standards. The changes are expected to commence from 1 July 2018. The proposed changes to the NQRS Code also include some minor administrative changes that may impact other electricity networks within Western Australia. A marked-up version of the proposed NQRS Code has been published with the Position Paper. Interested parties are invited to make submissions on the Position Paper by 7 October 2016. For more information refer to the Network Regulation webpage.

    28 July 2016
    WEM Improvements: Energy Market Operations and Processes
    A Final Report outlining market design recommendations prepared by the Electricity Market Review was endorsed by the Minister for Energy in July 2016. For more information refer to the Wholesale Electricity Market Improvements webpage.
     
    7 April 2016

    More Power to You
    The Minister for Energy has announced today electricity market reforms to ensure a fairer system for all. Read the media statement or go to the More Power to You website [external website] opens in new window.

    Electricity Market Review

    On 6 March 2014, the Minister for Energy launched the Electricity Market Review. The Review examines the structures of the electricity generation, wholesale and retail sectors within the South West Interconnected System in Western Australia and the incentives for industry participants to make efficient investments and minimise costs.

    The Electricity Market Review is being undertaken in two phases.

    • Phase 1 comprised an assessment of the strengths and weaknesses of the current industry structure, market institutions and regulatory arrangements and an examination of options for reform to better achieve the Electricity Market Review objectives.
    • Phase 2 will comprise two stages, firstly the detailed design of a set of selected reforms and implementation arrangements.

    The Review has three objectives:

    • Reducing costs of production and supply of electricity and electricity related services, without compromising safe and reliable supply
    • Reducing Government exposure to energy market risks, with a particular focus on having future generation built by the private sector without Government investment, underwriting or other financial support
    • Attracting to the electricity market private-sector participants that are of a scale and capitalisation sufficient to facilitate long-term stability and investment

    Phase 1 of the Review is now complete. Phase 1 identified an urgent need for industry and market reform in the electricity sector to address a problem of high and increasing costs of electricity services. Further information about Phase 1, including the Options Paper, can be found here.

    Phase 2 was launched on 24 March 2015 and has now commenced, with direction from government to undertake detailed design work on a selected set of reforms identified in Phase 1. Further information about Phase 2 can be found here.

    Last updated: 8 September 2016