AEMC: Reliability Standard and Settings Review 2018 draft report (submissions by 22 December 2017)

“Reliability Panel Chairman, Neville Henderson, today called for submissions on draft recommendations to extend the current reliability standard and settings to 2024.

These system-wide settings are an integral part of the national electricity market framework which aims to get power to customers as cost-effectively as possible.  The settings and standard support efficient generation investment and operational decisions and provide an important ‘price envelope’ protecting market participants from exposure to excessive high and low prices…”

The AEMC has invited stakeholders to comment on the issues raised in the draft report. Submissions are due by 22 December 2017.

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