Download the July update
Converging and diverging issues in energy market
regulation
Today we take a stocktake of approaches to Australian energy
market regulatory issues by launching the Norton Rose Fulbright
monthly energy regulatory update and providing some insights from
the ACCC/AER regulatory conference, held in Brisbane last week.
Download the PDF to see the monthly regulatory update.
As regulators, rule-makers and stakeholders converged in
agreeing that energy markets must be regulated in a manner that
best serves the long-term interests of consumers (LTIC), they
diverged on what exactly that means and how it might be done,
particularly in electricity markets.
On the one hand, there are issues of affordability, contributed
to by historical policy settings, market developments (including
wholesale electricity prices), the level of market concentration
and limited customer sophistication. Simultaneously, however, there
are security and reliability
