AER: New approach to energy network regulation

AER Chair Paula Conboy has signalled a new approach to energy network regulation, with the aim of greater collaboration by the regulator and energy businesses for the benefit of consumers.

Citing Australian Gas Networks and its recent access arrangement proposal, Ms Conboy said: “Our goal is to incentivise and reward well-evidenced, transparent and reasonably costed regulatory proposals. Further, this process could save consumers, the businesses and the AER significant resources, and promote greater regulatory predictability. I think AGN would agree that the approach they took in their Victorian and South Australian gas reviews led to a much more streamlined process for all involved.”

https://www.aer.gov.au/news-release/working-together-to-restore-confidence-in-energy-regulation

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