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ARTICLE · 17 JUNE 2014

Significant changes proposed to Queensland's electricity market

Clayton Utz
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Two Bills will result in significant structural changes to the regulation of the electricity market in Queensland.

AustraliaEnergy and Natural Resources
Dan Howard
Dan Howard
Damien Cooling
Damien Cooling
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Key Points:

Queensland's modifications of the National Energy Retail Law will ensure that regional electricity customers can still access supply if market competition is weak.

On 20 May 2014 the Queensland Government introduced two Bills that will result in significant structural changes to the regulation of the electricity market in Queensland.

The Electricity Competition and Protection Legislation Amendment Bill 2014 will remove retail price regulation in South East Queensland and establish an independent market monitoring program.

The National Energy Retail Law (Queensland) Bill 2014 will introduce the National Energy Retail Law into Queensland, with some modifications to reflect Queensland electricity market-based issues.

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