Each year, the ERA prepares a report on how the Wholesale Electricity Market performed for the Minister for Energy. The report is designed to highlight important events and trends during the year to assist in monitoring and facilitating market performance.
As part of each review, the ERA seeks feedback from stakeholders through a discussion paper. The feedback we receive is considered as we prepare our report.
In addition to the annual reviews, the ERA also undertakes a triennial review to assess the extent to which the Wholesale Electricity Market objectives are being achieved. Our last triennial review happened in 2014. These reports are delivered to the Minister for Energy to table in Parliament. Once that occurs, we make the report available on our website after removing any commercially sensitive information.
2016/17 review of electricity market performance
The ERA has completed its review of the Wholesale Electricity Market for 2016/17.
On 25 July 2017 we released a discussion paper seeking comment from interested parties on issues that will assist us to undertake the review. We received 9 submissions in response to the discussion paper. The submissions are available below.
We published the report on our website on 15 January 2018.