In our 2009 assessment of the Wholesale Electricity Market, the ERA noted that:
- The Wholesale Electricity Market had generally operated effectively since commencement, which was demonstrated by increased competition in both the generation and retail sectors.
- A range of issues affecting the Market could be dealt with through existing frameworks, however, there were a number of market design, regulatory and structural issues that required high level input from policy-makers.
- Processes needed to be put in place to lay out a strategy for the future development of the Market.
Our discussion paper was published in June 2009 and we received 11 submissions from the public. Our report was delivered to the Minister for Energy and published on our website in April 2010.