INTIEAAustralia · Post 2025 Electricity Market Design ProjectPolicyIn force

Post 2025 Electricity Market Design Project

The Energy Security Board (ESB) was established by the nation’s energy ministers to develop a long-term, fit-for-purpose national electricity market design for Australia that could apply from the mid-2020s. The ESB’s advice includes recommendations across 4 reform pathways:…

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Country / jurisdiction: Australia · Year: 2019 · Status: In force · Level: National · Type: Voluntary

The Energy Security Board (ESB) was established by the nation’s energy ministers to develop a long-term, fit-for-purpose national electricity market design for Australia that could apply from the mid-2020s. The ESB’s advice includes recommendations across 4 reform pathways:

allow consumers to benefit from rapidly changing technologies in our power system

unlock the value of flexible demand and distributed energy resources

work alongside government schemes which are delivering on their policy commitments including emissions reduction

provide clear signals for timely and efficient investment to deliver reliable, secure, and affordable electricity for consumers.

National Cabinet also agreed and adopted the ESB’s recommended principles.

Official source: https://www.energy.gov.au/government-priorities/energy-ministers/priorities/national-electricity-market-reforms/post-2025-market-design

Source

https://www.iea.org/policies/13817

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