This assessment of generator rebidding in the national electricity market (NEM) found that rebidding is contributing to the delivery of efficient market outcomes, but can be a problem where there is a lack of competition between generators.

This options paper is part of the AEMC’s review into the coordination of generation and transmission investment. Under Terms of reference provided by the COAG Energy Council, the AEMC is considering ways to improve the coordination of transmission and generation investment so new supply can be added to the system at the lowest possible cost.

This review, requested by the COAG Energy Council, will look at the law and rule changes required to allow stand-alone power systems (SAPS) to be used where it is economically efficient to do so, while maintaining appropriate consumer protections and service standards.

The Australian Energy Market Commission (AEMC) has made a draft rule to help customers who are having trouble paying their bills due to hardship. The rule aims to improve retailers’ hardship policies so customers can better understand their rights and get the help they need to pay their power bills.

This review examined ways to deliver a reliable power system – one that has enough electricity available when consumers need it, at the lowest cost. It included consideration of several recommendations from the Finkel Panel’s Independent Review into the Future Security of the National Electricity Market that relate to reliability.