{ "entity_id": "B-000685", "folder": "Australian-Energy-Market-Commission", "name": "Australian Energy Market Commission", "type": "National Law Body", "jurisdiction": "Commonwealth", "portfolio": "Climate Change, Energy, the Environment and Water", "website": "http://www.aemc.gov.au", "data_status": "rich", "completeness": { "has_strategy_brief": true, "has_strategy_structured": true, "has_vision": true, "has_kpi_targets": true, "has_kpi_results": true, "has_strategy_overview": true, "has_legislation_text": true, "has_legislation_structured": false, "has_global_initiatives_text": false, "has_ideas": true, "has_artifacts": true, "n_ideas": 12, "n_legislation": 0, "n_artifacts": 30, "n_kpi_targets": 1, "n_kpi_results": 1, "n_outcomes": 2, "verified_own_data": true }, "strategy_profile": { "status": "published", "confidence": "high", "summary": "The AEMC was established in 2004 by the Australian Energy Market Commission Establishment Act 2004 (SA). As the rule maker and adviser for Australian energy markets, it is our role to understand how the rapidly changing context in which we operate affects the interests of consumers in the long–term, to support our energy future. [AR p.7]", "official_site_url": "http://www.aemc.gov.au", "source_documents": [ { "type": "annual_report", "title": "AEMC Annual Report 2024-2025", "url": "https://www.aemc.gov.au/sites/default/files/2025-11/2024-25%20AEMC%20Annual%20Report%20final_0.pdf", "period": "2024-25", "confidence": "high" }, { "type": "annual_report", "title": "AEMC Annual Report 2023-2024", "url": "https://www.aemc.gov.au/sites/default/files/2024-12/AEMC_annual_report_2023-24.pdf", "period": "2023-24", "confidence": "high" }, { "type": "annual_report", "title": "AEMC Annual Report 2022-2023", "url": "https://www.aemc.gov.au/sites/default/files/2023-12/AEMC_annual_report_2022-23_web_v2.pdf", "period": "2022-23", "confidence": "high" }, { "type": "annual_report", "title": "AEMC Annual Report 2021-2022", "url": "https://www.aemc.gov.au/sites/default/files/2022-12/AEMC%20Annual%20Report%202021%20-%202022.pdf", "period": "2021-22", "confidence": "high" }, { "type": "annual_report", "title": "AEMC Annual Report 2020-2021", "url": "http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf", "period": "2020-21", "confidence": "high" }, { "type": "strategie", "title": "Smart meters are a key enabler in the transition to net zero", "url": "https://www.aemc.gov.au/sites/default/files/2023-08/emo0040_-aemc_metering_services_infographic.pdf", "period": "2023", "confidence": "medium" }, { "type": "strategie", "title": "Improving certainty to enable the transmission needed for net zero", "url": "https://www.aemc.gov.au/sites/default/files/2022-10/EPR0087-%20Final%20report%20-%20stage%202%20-%20infographic.pdf", "period": "2022", "confidence": "medium" }, { "type": "strategie", "title": "Submission to Productivity Commission - Cheaper, cleaner energy and the net zero transformation – Interim report", "url": "https://www.aemc.gov.au/sites/default/files/2025-09/AEMC%20submission%20to%20PC%20interim%20report%20-%2015%20Sept%202025.pdf", "period": "2025", "confidence": "medium" }, { "type": "strategie", "title": "AEMC Reflect Reconciliation Action Plan", "url": "https://www.aemc.gov.au/sites/default/files/2025-02/AEMC_Reflect%20Reconciliation%20Action%20Plan.pdf", "period": "2025", "confidence": "medium" }, { "type": "strategie", "title": "A Consumer-Focused Net Zero Energy System", "url": "https://www.aemc.gov.au/sites/default/files/2024-10/AEMC_narrative_150824_v6%20%28002%29%20as%20of%2010%20October%202024.pdf", "period": "2024", "confidence": "medium" }, { "type": "strategie", "title": "Joint market body prioritisation framework", "url": "https://www.aemc.gov.au/sites/default/files/2020-05/Market%20bodies%20prioritisation%20package%20%232%2007.05.pdf", "period": "2020", "confidence": "medium" }, { "type": "strategie", "title": "Strategic Priorities for Energy Market Development 2015", "url": "http://www.aemc.gov.au/sites/default/files/content/Strategic-Priorities-for-Energy-Market-Development.pdf", "period": "2015", "confidence": "medium" }, { "type": "strategie", "title": "Strategic Priorities Discussion Paper 2011", "url": "http://www.aemc.gov.au/sites/default/files/content/AEMC-Strategic-Priorities-Discussion-Paper.PDF", "period": "2011", "confidence": "medium" }, { "type": "strategie", "title": "Strategic Priorities Discussion Paper 2013", "url": "http://www.aemc.gov.au/sites/default/files/content/AEMC-Strategic-Priorities-Discussion-Paper-2013.PDF", "period": "2013", "confidence": "medium" }, { "type": "strategie", "title": "Strategic Priorities Handout Summary 2013", "url": "http://www.aemc.gov.au/sites/default/files/content/AEMC-Strategic-Priorities-Handout-Summary-2013.PDF", "period": "2013", "confidence": "medium" }, { "type": "strategie", "title": "Strategic Priorities for Energy Market Development 2013", "url": "http://www.aemc.gov.au/sites/default/files/content/Strategic-Priorities-for-Energy-Market-Development-2013.PDF", "period": "2013", "confidence": "medium" }, { "type": "strategie", "title": "AEMC submission to Productivity Commission on cheaper, cleaner energy and the net zero transformation", "url": "https://www.aemc.gov.au/sites/default/files/2025-07/australian-energy-market-commission-aemc-sub-30.pdf", "period": "2025", "confidence": "medium" } ], "purpose": { "text": "The AEMC was established in 2004 by the Australian Energy Market Commission Establishment Act 2004 (SA). As the rule maker and adviser for Australian energy markets, it is our role to understand how the rapidly changing context in which we operate affects the interests of consumers in the long–term, to support our energy future. [AR p.7]", "source_url": "", "source_page": 7, "source_deep_url": "" }, "vision": { "text": "a consumer-focused net zero energy system, outlining our aim to help the people of Australia benefit from a lowest-cost, low-emissions, reliable, secure and safe power system. [AR p.9]", "source_url": "", "source_page": null, "source_deep_url": "" }, "strategic_priorities": [ { "title": "Consumers", "description": "Consumers", "source_url": "", "source_page": 9, "source_deep_url": "" }, { "title": "Consumer Energy Resources (CER)", "description": "Consumer Energy Resources (CER)", "source_url": "", "source_page": 9, "source_deep_url": "" }, { "title": "Long-term market design", "description": "Long-term market design", "source_url": "", "source_page": 9, "source_deep_url": "" }, { "title": "Transmission", "description": "Transmission", "source_url": "", "source_page": 9, "source_deep_url": "" } ], "values": [ { "name": "equitable energy outcomes", "description": "", "source_url": "", "source_page": null }, { "name": "energy system security and reliability", "description": "", "source_url": "", "source_page": null }, { "name": "cross–portfolio coordination", "description": "", "source_url": "", "source_page": null }, { "name": "social trust", "description": "", "source_url": "", "source_page": null }, { "name": "delivery of capital, labour and other resources", "description": "", "source_url": "", "source_page": null }, { "name": "meeting community and environmental needs", "description": "", "source_url": "", "source_page": null }, { "name": "accessible data", "description": "", "source_url": "", "source_page": null }, { "name": "transition planning for the role of gas", "description": "", "source_url": "", "source_page": null } ], "outcomes": [ { "name": "Outcome 1: Consumer behaviours and preferences", "description": "The intent was to progress work relating to consumer behaviours and preferences to empower choice in a way that supports the energy system and benefits consumers individually and as a collective market environment.", "activities": [ "Understanding consumer behaviour and preferences", "Integrating price responsive resources into the NEM", "Unlocking CER benefits through flexible trading" ], "source_url": "", "source_page": 10, "source_deep_url": "" }, { "name": "Outcome 2: Efficient provision of system services", "description": "The intent was to progress work relating to the cost–effective and efficient delivery of major transmission and network infrastructure.", "activities": [ "Preparing for the future of gas", "Technical access standards rule changes", "Cyber security roles and responsibilities" ], "source_url": "", "source_page": 24, "source_deep_url": "" } ], "performance_measures": [ { "code": "CCE01", "measure": "Stability or improvement", "target": "Stability or improvement", "latest_result": "Stability or improvement", "status": "Achieved", "target_source_url": "", "target_source_page": 23, "result_source_url": "https://www.aemc.gov.au/sites/default/files/2025-11/2024-25%20AEMC%20Annual%20Report%20final_0.pdf", "result_source_page": 23 } ], "document_alignment_terms": { "must_support": [ "The AEMC was established in 2004 by the Australian Energy Market Commission Establishment Act 2004 (SA). As the rule maker and adviser for Australian energy markets, it is our role", "a consumer-focused net zero energy system, outlining our aim to help the people of Australia benefit from a lowest-cost, low-emissions, reliable, secure and safe power system. [AR ", "Consumers", "Consumer Energy Resources (CER)", "Long-term market design", "Transmission" ], "watch_terms": [ "Stability or improvement" ], "avoid_claiming_without_evidence": [] }, "review_note": "" }, "strategy_brief_md": "# Australian Energy Market Commission — Strategy Brief\n\n**Reporting period**: 2024-25\n**Corporate plan in force**: 2025-26\n**Annual Report**: [2024-25](https://www.aemc.gov.au/sites/default/files/2025-11/2024-25%20AEMC%20Annual%20Report%20final_0.pdf)\n\n## Vision\n\n> a consumer-focused net zero energy system, outlining our aim to help the people of Australia benefit from a lowest-cost, low-emissions, reliable, secure and safe power system. [AR p.9](https://www.aemc.gov.au/sites/default/files/2025-11/2024-25%20AEMC%20Annual%20Report%20final_0.pdf#page=9)\n\n## Our purpose / purposes\n\n> The AEMC was established in 2004 by the Australian Energy Market Commission Establishment Act 2004 (SA). As the rule maker and adviser for Australian energy markets, it is our role to understand how the rapidly changing context in which we operate affects the interests of consumers in the long–term, to support our energy future. [AR p.7](https://www.aemc.gov.au/sites/default/files/2025-11/2024-25%20AEMC%20Annual%20Report%20final_0.pdf#page=7) [CP p.7]\n\n## How we deliver\n\n> The AEMC undertakes reviews, makes and amends national energy rules and advises the Energy and Climate Change Ministerial Council (ECMC) on improvements to the design of energy market arrangements that benefit consumers in accordance with the national energy objectives. [AR p.7](https://www.aemc.gov.au/sites/default/files/2025-11/2024-25%20AEMC%20Annual%20Report%20final_0.pdf#page=7) [CP p.7]\n\n## Government priorities for this department\n\n- Consumers [CP p.9]\n- Consumer Energy Resources (CER) [CP p.9]\n- Long-term market design [CP p.9]\n- Transmission [CP p.9]\n\n## Outcomes\n\n### Outcome 1: Consumer behaviours and preferences\nThe intent was to progress work relating to consumer behaviours and preferences to empower choice in a way that supports the energy system and benefits consumers individually and as a collective market environment. [CP p.10]\n\n**Key activities:**\n- Understanding consumer behaviour and preferences\n- Integrating price responsive resources into the NEM\n- Unlocking CER benefits through flexible trading\n\n### Outcome 2: Efficient provision of system services\nThe intent was to progress work relating to the cost–effective and efficient delivery of major transmission and network infrastructure. [CP p.24]\n\n**Key activities:**\n- Preparing for the future of gas\n- Technical access standards rule changes\n- Cyber security roles and responsibilities\n\n## Values and principles\n\n- equitable energy outcomes\n- energy system security and reliability\n- cross–portfolio coordination\n- social trust\n- delivery of capital, labour and other resources\n- meeting community and environmental needs\n- accessible data\n- transition planning for the role of gas\n\n## What they will measure themselves on this year (targets from 2025-26 corporate plan)\n\n| Code | Measure | Target | Source |\n|---|---|---|---|\n| CCE01 | Stability or improvement | Stability or improvement | CP p.23 |\n\n## How they performed last year (results from 2024-25 annual report)\n\n| Code | Measure | Result | Status | Source |\n|---|---|---|---|---|\n| CCE01 | Stability or improvement | Stability or improvement | Achieved | [AR p.23](https://www.aemc.gov.au/sites/default/files/2025-11/2024-25%20AEMC%20Annual%20Report%20final_0.pdf#page=23)(https://www.aemc.gov.au/sites/default/files/2025-11/2024-25%20AEMC%20Annual%20Report%20final_0.pdf#page=23) |", "strategy_overview_evidence_md": null, "internal_strategy_evidence_md": "# Australian Energy Market Commission - Strategy, Performance, and Operating Profile\n\n**Generated at**: 2026-05-09T22:35:40.989558+00:00\n**Entity ID**: B-000685\n**Entity type**: National Law Body\n**Jurisdiction**: Commonwealth\n**Portfolio**: Climate Change, Energy, the Environment and Water\n**Website**: http://www.aemc.gov.au\n\n> Draft generated from scraped source material. Treat this as an evidence pack for editorial review, not a final judgement.\n\n## Source Coverage\n\n| Source type | Count |\n|---|---:|\n| annual-reports | 5 |\n| other-pdfs | 5 |\n| pages | 44 |\n| reviews | 7 |\n| strategies | 12 |\n\n## Executive Readout\n\n### Purpose\n\n- [Page 4]\nAEMC Narrative\nC O N T E N T S\n1 Foreword 5\n2 Executive Summary 6\n3 Our vision: a consumer-focused net zero energy system 9\n3.1 Providing for Australian consumers 9\n3.2 The essential characteristics for transition 10\n3.3 The broad context for the energy transition 12\n4 Our guidance: longer-term challenges and opportunities 14\n4.1 Equitable energy outcomes across households 15\n4.2 Energy system security and reliability 16\n4.3 Coordination of energy policy and other policy areas 17\n4.4 Levels of social trust that support change 19\n4.5 Delivering capital, labour and other resources 20\n4.6 Meeting community, environmental and infrastructure needs 22\n4.7 Accessible data that supports the evolving energy system 23\n4.8 Transition planning for the role of gas 24\n5 Our actions: focus areas for the AEMC 27\n5.1 Understand consumer behaviours and preferences 29\n5.\n Source: `strategies/AEMC_narrative_150824_v6-20-28002-29-20as-20of-2010-20October-202024.pdf (https://www.aemc.gov.au/sites/default/files/2024-10/AEMC_narrative_150824_v6%20%28002%29%20as%20of%2010%20October%202024.pdf)`\n- [Page 3]\nContents\n2 9 21\nEXECUTIVE REPORT STRATEGIC OVERVIEW OUR ORGANISATION\nIncludes the performance A strategic overview of our Who we are, what we do, our\nsummary and Chair and Chief work in the year under review leadership and how we work\nExecutive’s message focusing on the AEMC’s priority\nwork areas\nAbout the AEMC 22\nHow energy markets are governed 3 Overview of Australia’s energy\nPerformance summary 4 Our vision, identity and direction 10 systems 23\nChair and Chief Executive’s message 6 Overview of AEMC priorities 11 Guiding principles 24\nEssential system services 12 What we do 25\nMaking solar, batteries and new energy Managing rule-making timeframes 29\ntechnology work for everyone 17\nOrganisation charts 30\nWorking with the Energy Security Board\nAEMC Commissioners 31\non market development 19\nExecutive leadership team 34\nReliability Panel 37\nOur stakeholders 43\nOur people 48\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- [Page 98]\nFINANCIAL PERFORMANCE\nNotes to the financial statements\nfor the year ended 30 June 2021\n1 About the Australian Energy Market Commission 97\n1.1 Basis of preparation 97\n1.2 Objectives and activities 98\n1.3 Economic dependency 98\n2 Income 98\n2.1 Contributions from participating jurisdictions 98\n2.2 Sales of goods and services 99\n2.3 Interest revenues 99\n2.4 Other revenue 100\n3 Commissioners, committees and employees 100\n3.1 Key management personnel 100\n3.2 Commissioners 100\n3.3 Committee members 101\n3.4 Employee benefits expense 101\n3.5 Employee benefits liability 102\n4 Expenses 103\n4.1 Supplies and services 103\n4.2 Depreciation and amortisation 104\n4.3 Interest expense 105\n4.4 Net loss on disposal/write-off of non-current assets 105\n5 Non-financial assets 106\n5.1 Property, Plant and equipment by asset class 106\n5.2 Property, Plant and equipment owned by the Commission 107\n5.\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- [pages 3]\n[Page 3]\nAEMC ANNUAL REPORT I 2021-2022\nContents\n2 13\n26\nOur role and Our year in Rules and\nfunctions review reviews\nOur role and functions 03 Strategic plan 14 National energy objectives 27\nPerformance highlights 04 Executive leadership team 17 Making the rules 27\nReports from 1he Chair and CE 05,06 Team reports 18 Status of rule changes 28\nCommissioners 07 Supporting stakeholders 23 Status of reviews 30\nReliability Panel 10 Our people 25 Rules commenced 31\nAudit and Risk Management 12\ncommittee\n33\n48\nFinancial Governance and\nstatements statutory reports\nAuditor-General's report 34 Commissioner disclosures 49\nCertification 35 Key performance indicators 51\nFinancial statements 36 Governance reports 53\nNotes to the financial statements 38 External consultants 54\nAEMO powers of direction 55\nCompliance index 65\n01\n Source: `annual-reports/2021-22.pdf (https://www.aemc.gov.au/sites/default/files/2022-12/AEMC%20Annual%20Report%202021%20-%202022.pdf)`\n\n### Role and Functions\n\n- [pages 3]\n[Page 3]\nAEMC ANNUAL REPORT I 2021-2022\nContents\n2 13\n26\nOur role and Our year in Rules and\nfunctions review reviews\nOur role and functions 03 Strategic plan 14 National energy objectives 27\nPerformance highlights 04 Executive leadership team 17 Making the rules 27\nReports from 1he Chair and CE 05,06 Team reports 18 Status of rule changes 28\nCommissioners 07 Supporting stakeholders 23 Status of reviews 30\nReliability Panel 10 Our people 25 Rules commenced 31\nAudit and Risk Management 12\ncommittee\n33\n48\nFinancial Governance and\nstatements statutory reports\nAuditor-General's report 34 Commissioner disclosures 49\nCertification 35 Key performance indicators 51\nFinancial statements 36 Governance reports 53\nNotes to the financial statements 38 External consultants 54\nAEMO powers of direction 55\nCompliance index 65\n01\n Source: `annual-reports/2021-22.pdf (https://www.aemc.gov.au/sites/default/files/2022-12/AEMC%20Annual%20Report%202021%20-%202022.pdf)`\n- [Page 4]\nOur role and functions\nReports from the Chair and Chief Executive 8–10\nPerformance highlights 11\nCommissioners 12–15\nReliability Panel 16–17\nAudit and Risk Management Committee 18\nOur year in review\nStrategic plan 20–22\nExecutive leadership team 24–25\nTeam reports 26–30\nCommunications and stakeholder engagement highlights 31–32\nOur people 33–34\nRules and reviews\nNational energy objectives 36\nMaking the rules 36\nStatus of rule changes 37–38\nStatus of reviews 38\nRules commenced 39–40\nFinancial statements\nAuditor-General's report 42–44\nCertification 45\nFinancial statements 46–49\nNotes to the financial statements 50–67\nGovernance and statutory reports\nCommissioner disclosures 69–71\nKey performance indicators 72–76\nGovernance reports 77\nExternal consultants 78–79\nAEMO powers of direction 80–88\nCompliance index 89\nstnetnoC\n4\n Source: `annual-reports/2022-23.pdf (https://www.aemc.gov.au/sites/default/files/2023-12/AEMC_annual_report_2022-23_web_v2.pdf)`\n- [Page 17]\nOur role and functions AEMC Annual Report 2022-23\nReliability Panel membership 2022-23\n2022-23 Eligible Meetings\nMember Organisation Representation Term expiry start date meetings attended\nCharles Popple Chair and AEMC AEMC 10 June 17 February 16 14\n(Chair) Commissioner 2024 2023\n(renewed)\nTim Jordan Acting Chair and AEMC AEMC 10 June 2024 1 January 10 10\n(Acting Chair)* Commissioner 2023\nStephen Clark Project Director, Project Transmission 17 December Ongoing 16 11\nMarinus, TasNetworks network service 2024\nproviders\n(TNSPs)\nJoel Gilmore General Manager, Energy Discretionary 17 December Ongoing 16 15\nPolicy & Planning, 2024\nIberdrola Australia\nKen Harper Group Manager AEMO N/A Ongoing 16 15\nOperational Support,\nAEMO\nCraig Memery Project team leader, End use 30 June Ongoing 16 16\nEnergy + Water customers of 2023**\nConsumer’s Advocacy electricity\nProgram, PIAC\n Source: `annual-reports/2022-23.pdf (https://www.aemc.gov.au/sites/default/files/2023-12/AEMC_annual_report_2022-23_web_v2.pdf)`\n- [Page 5]\nOur role and functions\nReport from the Chair and Chief Executive 9 – 11\nPerformance highlights 12\nCommissioners 13 – 16\nReliability Panel 17 – 18\nAudit and Risk Management Committee 19\nOur year in review\nStrategy 21 – 22\nExecutive leadership team 23 – 24\nTeam reports 24 – 33\nCommunications and stakeholder engagement 34 – 35\nOur people 36 – 38\nRules and reviews\nNational energy objectives 40\nMaking the rules 41\nStatus of rule changes 42 – 43\nStatus of reviews 44\nAmendments to the rules 44 – 45\nFinancial statements\nAuditor-General's report 47 – 49\nCertification 50\nFinancial statements 51 – 54\nNotes to the financial statements 55 – 72\nGovernance and statutory reports\nCommissioner disclosures 74 – 75\nKey performance indicators 76 – 80\nGovernance reports 81 – 82\nExternal consultants 83 – 85\nAEMO powers of direction 86 – 95\nCompliance index 95\nstnetnoC\n5\n Source: `annual-reports/2023-24.pdf (https://www.aemc.gov.au/sites/default/files/2024-12/AEMC_annual_report_2023-24.pdf)`\n- [Page 18]\nOur role and functions AEMC Annual Report 2023-24\nR e l i a b i l i t y P a n e l m e m b e r s h i p 2 0 2 3 - 2 4\n2023-24 Eligible Meetings\nMember Organisation Representation Term expiry start date meetings attended\nCharles Popple Chair and AEMC AEMC 10 June Ongoing 14 14\n(Ex-Chair)* Commissioner 2024\nTim Jordan Chair and AEMC AEMC 10 December 11 June 2 2\n(Current Chair) Commissioner 2024 2024\nTim Jordan Acting Chair and AEMC AEMC 10 June Ongoing 14 14\n(Acting Chair)* Commissioner 2024\nStephen Clark** Project Director, Project Transmission 17 December Ongoing 9 7\nMarinus, TasNetworks network service 2024\nproviders\n(TNSPs)\nStewart Bell Executive General Transmission 29 May 29 May 2 2\nManager and Business network service 2027 2024\nDevelopment at providers\nPowerlink Queensland (TNSPs)\nJoel Gilmore General Manager, Energy Discretionary 17 December Ongoing 16 13\n Source: `annual-reports/2023-24.pdf (https://www.aemc.gov.au/sites/default/files/2024-12/AEMC_annual_report_2023-24.pdf)`\n- [Page 5]\nOur role and functions\nReport from the Chair 9 – 11\nPerformance highlights 12\nCommissioners 13 – 17\nReliability Panel 18 – 19\nAudit and Risk Management Committee 20\nOur year in review\nStrategy 22 – 24\nExecutive leadership team 25 – 26\nTeam reports 26 – 35\nEngaging with our stakeholders 36 – 37\nOur people 38 – 40\nRules and reviews\nNational energy objectives 42\nMaking the rules 43\nStatus of rule changes 44 – 46\nStatus of reviews 46\nAmendments to the rules 47 – 48\nFinancial statements\nAuditor–General's report 50 – 52\nCertification 53\nFinancial statements 54 – 57\nNotes to the financial statements 58 – 74\nGovernance and statutory repor ts\nCommissioner disclosures 76 – 77\nKey performance indicators 78 – 80\nGovernance reports 81 – 82\nExternal consultants 83 – 84\nAEMO powers of direction 85 – 95\nCompliance index 96\ns\nt\nn\ne\nt\nn\no\nC\n5\n Source: `annual-reports/2024-25.pdf (https://www.aemc.gov.au/sites/default/files/2025-11/2024-25%20AEMC%20Annual%20Report%20final_0.pdf)`\n\n### Strategic Priorities\n\n- [Page 22]\nFigure 2: Average daily demand for gas for gas-fired generation (TJ)38\n700\n600\n500\n400\n300\n200\n100\n0\nAverage daily demand for gas for gas-fired generation (TJ)\nStakeholder views\nThere was a general\nA number of stakeholder submissions commented on the inclusion of\nview that the east\ngas as a strategic priority.\n Source: `strategies/Strategic-Priorities-for-Energy-Market-Development-2013.pdf (http://www.aemc.gov.au/sites/default/files/content/Strategic-Priorities-for-Energy-Market-Development-2013.PDF)`\n- [Page 2]\nCONTENTS\nForeword 1\nOverview of Key Facts 4\n1 Introduction 6\nPurpose of the Strategic Priorities 6\n2013 Strategic Priorities 7\nApproach to 2015 Strategic Priorities 7\nStructure of the paper 7\n2 Context for the strategic priorities 8\nGovernance of the energy sector 8\nEnvironmental and social policies 9\nPublic perceptions about market frameworks 9\nGas supply side issues 10\n3 Consumer priority 11\nWhy are consumers a priority and how has this priority evolved?\n Source: `strategies/Strategic-Priorities-for-Energy-Market-Development.pdf (http://www.aemc.gov.au/sites/default/files/content/Strategic-Priorities-for-Energy-Market-Development.pdf)`\n- [Page 4]\nNATIONAL MARKETS ARE EVOLVING\nAll around us we see the evidence of accelerating change in energy market dynamics\nMIX OF PROPOSED\nADDITIONAL\nGENERATION\nCAPACITY TO 2025\nThe Renewable\nEnergy Target means Source: AEMO 2015 Electricity\nStatement of Opportunities\n2 3\n● Wind\n%\n● Gas\n● Solar\nof Australia’s electricity\n● Water\ngeneration will be from\nBiomass & Other\n11 renewables by 2020\n● Coal\n● Geothermal\ncoal generators exit\nbetween 2011 and 2023\nQLD NSW/ACT VIC SA TAS\ntotalling 3500 MW*\n* Company announcements of\nretirements, decommissio ning\nor partial/full mothballing\nQLD NSW/ACT VIC SA TAS\nQLD NSW/ACT VIC SA TAS\nDEMAND AND GENERATION FORECASTS\nQLD NSW/ACT VIC SA TAS\n15 >\n%\n1\n< %\n2009 2015\n<1% rooftops >15% rooftops\nwith solar PV with solar PV\nSTRUCTURAL SHIFT IN GAS MARKET: 35\nFORECAST DEMAND FOR EAST COAST GAS %\n2500\nof South Australia’s\n2000\nelectricity generation\n Source: `strategies/Strategic-Priorities-for-Energy-Market-Development.pdf (http://www.aemc.gov.au/sites/default/files/content/Strategic-Priorities-for-Energy-Market-Development.pdf)`\n- The remainder of this paper comprises five sections:\nThese priorities are referred to as the “2013 priorities” • chapter 2 discusses the external context for the\nthroughout this paper, and have helped guide the strategic priorities;\nAEMC in the development of the Commission's 2014\n• chapter 3 discusses the consumer priority;\nand 2015 work program.\n• chapter 4 discusses the gas priority;\n• chapter 5 discusses the markets and networks\nApproach to Strategic Priorities\npriority; and\nA shared set of market development priorities held by • chapter 6 concludes.\nthe Energy Council and the AEMC, other market\nAppendix A summarises stakeholder submissions\ninstitutions, market participants, consumer bodies\nand the Commission’s response to these\nand other stakeholders will deliver future required\nsubmissions.\nreforms more quickly, without jeopardising analytical\nand consultation standards.\n Source: `strategies/Strategic-Priorities-for-Energy-Market-Development.pdf (http://www.aemc.gov.au/sites/default/files/content/Strategic-Priorities-for-Energy-Market-Development.pdf)`\n- AEMC has heard during that consultation process\nGuide the AEMC's work program: Where the\nand identifies the elements that the AEMC considers\nAEMC has a degree of discretion over its work\nare priorities to be addressed by both policy makers\nprogram, the priorities assist with the prioritisation of\nand the market institutions over the next few years.\nresources, the development of new work streams,\nThe Commission also expects that the development\nand directing stakeholder engagement priorities.\nof these priorities will lead other stakeholders to\nconsider submitting rule change requests on the In assisting the members of the Energy Council with\nissues of most importance to them. the development of priorities, the AEMC has regard to\nthe objective of the Australian Energy Market\nAgreement (AEMA),4 which states:\nPurpose of the Strategic Priorities\n Source: `strategies/Strategic-Priorities-for-Energy-Market-Development.pdf (http://www.aemc.gov.au/sites/default/files/content/Strategic-Priorities-for-Energy-Market-Development.pdf)`\n- 45 See: https://scer.govspace.gov.au/files/2015/07/Council-\nImplementation-Plan-July-20151.pdf\n16 STRATEGIC PRIORITIES FOR ENERGY MARKET DEVELOPMENT \\ CONSUMER PRIORITY\n Source: `strategies/Strategic-Priorities-for-Energy-Market-Development.pdf (http://www.aemc.gov.au/sites/default/files/content/Strategic-Priorities-for-Energy-Market-Development.pdf)`\n- [pages 1,2,3,4,5]\n[Page 1]\nStrategic Priorities for Energy\nMarket Development\nDiScuSSion PaPEr\n2011\n Source: `strategies/AEMC-Strategic-Priorities-Discussion-Paper.pdf (http://www.aemc.gov.au/sites/default/files/content/AEMC-Strategic-Priorities-Discussion-Paper.PDF)`\n- [pages 1,2,3,4,5]\n[Page 1]\nStrategic Priorities for Energy\nMarket Development\n2013\n Source: `strategies/Strategic-Priorities-for-Energy-Market-Development-2013.pdf (http://www.aemc.gov.au/sites/default/files/content/Strategic-Priorities-for-Energy-Market-Development-2013.PDF)`\n- [pages 4,5]\n12 2013 2014 2015 2016 2017 2018 2019 2020\n● Industrial ● Residential and Commercial ● GFG (gas fired generation) ● LNG\nseluojateP\n100 250\n80 200\n60 150\nQLD NSW/ACT VIC SA TAS\n40 100\n20 50\n0 0\nWG\n70/6002 80/7002 90/8002 01/9002 11/0102 21/1102 31/2102 41/3102 51/4102 61/5102 71/6102 81/7102 91/8102 02/9102 12/0202 22/1202 32/2202 42/3202 52/4202\nhWT\n- ● Generation capacity (GW) ● - Annual energy consumption (TWh)\nGeneration capacity - Forecast Annual energy - Forecast\nSource: AEMO NEFR 2015 Generation Information\nThe cost of energy\nstorage technology is\nprojected to decline by\nmore than\n50\n%\nover the next 10 years\nSource: CSIRO Future Energy Storage\nTrends Report, September 2015\nSource: AEMO Gas Statement of Opportunities 2014\n2 STRATEGIC PRIORITIES FOR ENERGY MARKET DEVELOPMENT \\ FOREW0RD\n Source: `strategies/Strategic-Priorities-for-Energy-Market-Development.pdf (http://www.aemc.gov.au/sites/default/files/content/Strategic-Priorities-for-Energy-Market-Development.pdf)`\n- [Page 3]\nContents\n2 9 21\nEXECUTIVE REPORT STRATEGIC OVERVIEW OUR ORGANISATION\nIncludes the performance A strategic overview of our Who we are, what we do, our\nsummary and Chair and Chief work in the year under review leadership and how we work\nExecutive’s message focusing on the AEMC’s priority\nwork areas\nAbout the AEMC 22\nHow energy markets are governed 3 Overview of Australia’s energy\nPerformance summary 4 Our vision, identity and direction 10 systems 23\nChair and Chief Executive’s message 6 Overview of AEMC priorities 11 Guiding principles 24\nEssential system services 12 What we do 25\nMaking solar, batteries and new energy Managing rule-making timeframes 29\ntechnology work for everyone 17\nOrganisation charts 30\nWorking with the Energy Security Board\nAEMC Commissioners 31\non market development 19\nExecutive leadership team 34\nReliability Panel 37\nOur stakeholders 43\nOur people 48\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n\n## KPIs, Targets, and Where They Are At\n\n- [Page 78]\nGovernance and statutory repor ts AEMC Annual Report 2024-25\nKey per f orma nce ind i ca to rs\nAEMC performance metrics from current statement of intent\nQuantitative Metrics\nKey\nTarget metric achieved or exceeded Target metric not achieved\nTarget metric almost achieved Not applicable for FY2023–24\nMetric Detail of result\nBeing collaborative – engaging with stakeholders\nStakeholder reputational research overall 69% of stakeholders are satisfied or very satisfied with the AEMC.\nreputation score of >60% (i.e., >60% of\n69% This is an 11% increase from the 2023 result.\nrespondents provide a score of seven or\nmore out of 10).\n Source: `annual-reports/2024-25.pdf (https://www.aemc.gov.au/sites/default/files/2025-11/2024-25%20AEMC%20Annual%20Report%20final_0.pdf)`\n- [Page 7]\nENGAGING WITH OUR OF RULE CHANGES ANNUAL EXPENDITURE\nSTAKEHOLDERS – REVIEW INITIATED WITHIN FOUR WITHIN BUDGET\nAND RULE CHANGE MONTHS (TARGET +/- 5%)\nSUBMISSIONS\nEngaging with our\nstakeholders - review a2n6d3 r8ule\nchange submissions 268\n635 72 +3.9\n% %\nJOINT SUBMISSIONS\nFROM SOLAR CITIZENS\nSUPPORTERS ON THE\nDER ACCESS AND ACTUAL EXPENSES STAFF BY GENDER\n271 258 PRICING RULE CHANGE\n575 617\nSTANDARD SUBMISSIONS\n– LATE 3%\nSTANDARD SUBMISSIONS\n2018-19 2019-20 2020-21 – ON TIME 36% 54% 46%\n61%\nWORKING FASTER –\nCATEGORIES FOR COMPLETED\nELECTRICITY, GAS AND RETAIL EMPLOYEE BENEFITS MALE\nRULE CHANGES EXPENSE\nWorking faster - categories for FEMALE\nSUPPLIES AND SERVICES\ncompleted electricity, gas and\n13\nretail rule changes DEPRECIATION\n35\n8\n16\n1\n6\n23 9\nEXPEDITED\nFAST-TRACKED\nSTANDARD\n2018-19 2019-20 2020-21\n5\nEXECUTIVE\nREPORT\nSTRATEGIC\nOVERVIEW\nOUR\nORGANISATION\nRULES\nAND\nREVIEWS\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- 6\nAustralian Energy Market Operator’s payments and prudential (Schedules 1 and 2\nNEM settlement systems when the demand for grid-sourced electricity is low. will be consolidated\nunder low, zero and in new versions of the\nAEMO, which made this rule change request, had advised that net\nnegative demand NER and NT NER on\nconditions regional demand in South Australia could be zero or negative by commencement)\nspring 2021 as a result of more electricity being produced by rooftop\nsolar panels or other distributed energy resources than retailers and\nDate made 17 Jun 2021\nmajor industrial users are consuming from generators via the grid.\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- [Page 94]\nFINANCIAL PERFORMANCE\nStatement of comprehensive income\nfor the year ended 30 June 2021\n2021 2020\nNote $’000 $’000\nIncome\nContributions from participating jurisdictions 2.1 29,633 30,862\nSales of goods and services 2.2 1,665 802\nInterest 2.3 42 143\nOther revenue 2.4 140 1,020\nTotal income 31,480 32,827\nExpenses\nEmployee benefits expenses 3.4 20,879 19,437\nSupplies and services 4.1 10,129 8,745\nDepreciation and amortisation 4.2 3,417 1,714\nInterest expense 4.3 318 142\nNet loss on disposal of non-current assets 4.4 1 187\nTotal expenses 34,744 30,225\nNet result (3,264) 2,602\nTotal comprehensive result (3,264) 2,602\nThe accompanying notes form part of these financial statements.\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- [pages 94,95,96,97,98]\nStatement of comprehensive income\nfor the year ended 30 June 2021\n2021 2020\nNote $’000 $’000\nIncome\nContributions from participating jurisdictions 2.1 29,633 30,862\nSales of goods and services 2.2 1,665 802\nInterest 2.3 42 143\nOther revenue 2.4 140 1,020\nTotal income 31,480 32,827\nExpenses\nEmployee benefits expenses 3.4 20,879 19,437\nSupplies and services 4.1 10,129 8,745\nDepreciation and amortisation 4.2 3,417 1,714\nInterest expense 4.3 318 142\nNet loss on disposal of non-current assets 4.4 1 187\nTotal expenses 34,744 30,225\nNet result (3,264) 2,602\nTotal comprehensive result (3,264) 2,602\nThe accompanying notes form part of these financial statements.\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- [Page 96]\nFINANCIAL PERFORMANCE\nStatement of changes in equity\nfor the year ended 30 June 2021\nContributed Retained Total\ncapital earnings Equity\nNote $’000 $’000 $’000\nBalance at 1 July 2019 2,017 11,451 13,468\nChanges in accounting policy on adoption of AASB 16 – 221 221\nRestated balance at 1 July 2019 2,017 11,672 13,689\nNet result for 2019–20 – 2,602 2,602\nTotal comprehensive result for 2019–20 – 2,602 2,602\nBalance at 30 June 2020 2,017 14,274 16,291\nNet result for 2020–21 – (3,264) (3,264)\nTotal comprehensive result for 2020–21 – (3,264) (3,264)\nBalance at 30 June 2021 8.1 2,017 11,010 13,027\nThe accompanying notes form part of these financial statements.\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- 3.5 Employee benefits liability\n2021 2020\n$’000 $’000\nCurrent\nAccrued salaries and wages 571 445\nAnnual leave 1,355 1,096\nLong service leave 24 156\nTotal current employee benefits 1,950 1,697\nNon-current\nLong service leave 589 725\nTotal non-current employee benefits 589 725\nTotal employee benefits 2,539 2,422\nEmployee benefits accrue as a result of services provided up to the reporting date that remain unpaid.\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- [Page 113]\nNotes to the financial statements continued\nFor the year ended 30 June 2021\n7.4 Provisions\n2021 2020\n$’000 $’000\nNon-current\nProvision for make good 862 700\nTotal non-current provisions 862 700\nReconciliation of provision for make good\nCarrying amount at the beginning of the period 700 339\nProvision to make good leasehold premises 162 700\nProvision written off – (339)\nCarrying amount at end of the period 862 700\nProvisions are recognised when the Commission has a present obligation as a result of a past event, it is probable that an outflow\nof resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the\namount of the obligation.\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- 2021 2020\n$’000 $’000\nAdministered income\nContributions from the Commonwealth 6,698 1,146\nInterest revenue – 14\nTotal administered income 6,698 1,160\nAdministered expenses\nSecondment fees 1,656 880\nSupplies and services 4,096 3,355\nDepreciation 1 1\nTotal administered expenses 5,753 4,236\nNet result 945 (3,076)\nAdministered current assets\nCash 2,480 1,380\nPlant and equipment 1 2\nTotal administered assets 2,481 1,382\nAdministered current liabilities\nAccrued expenses – due to the AEMC 201 47\nTotal administered liabilities 201 47\nNet administered assets 2,280 1,335\nAdministered equity\nRetained earnings 2,280 1,335\nTotal administered equity 2,280 1,335\nChanges in equity\nBalance at the beginning of the period 1,335 4,411\nNet result 945 (3,076)\nBalance at the end of the period 2,280 1,335\nEXECUTIVE\nREPORT\nSTRATEGIC\nOVERVIEW\nOUR\nORGANISATION\nRULES\nAND\nREVIEWS\nFINANCIAL\nPERFORMANCE\nSTATUTORY\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- [Page 45]\nFinancial statements AEMC Annual Report 2022-23\nAUSTRALIAN ENERGY MARKET COMMISSION\nLevel 15, 60 Castlereagh Street Sydney NSW 2000\nT +61 2 8296 7800\nE aemc@aemc.gov.au ABN 49 236 270 144\nwww.aemc.gov.au\nCertification of the Financial Statements\nWe certify that the:\n• financial statements of the Australian Energy Market Commission (“the Commission”):\n– are in accordance with the accounts and records of the Commission; and\n– comply with relevant Treasurer’s Instructions; and\n– comply with relevant accounting standards; and\n– present a true and fair view of the financial position of the Commission at the end of the\nfinancial year and the result of its operations and cash flows for the financial year.\n• internal controls employed by the Commission for the financial year over its financial reporting\nand its preparation of financial statements have been effective.\n Source: `annual-reports/2022-23.pdf (https://www.aemc.gov.au/sites/default/files/2023-12/AEMC_annual_report_2022-23_web_v2.pdf)`\n- Actual expenditure tracks budget • Underspend by 7%.\n+/ [5%]. • This figure is due to lower spend in staff and related expenses due to continued staff\nvacancies particularly in the first 9 months of the year and professional fees and\nproject support expenses as a result of project deliverable target date changes.\n Source: `annual-reports/2022-23.pdf (https://www.aemc.gov.au/sites/default/files/2023-12/AEMC_annual_report_2022-23_web_v2.pdf)`\n- [Page 50]\nFinancial statements AEMC Annual Report 2023-24\nAustralian Energy Market Commission\n26 September 2024 Level 15, 60 Castlereagh Street\nSydney NSW 2000\nT +61 2 8296 7800\nE aemc@aemc.gov.au\nwww.aemc.gov.au\nABN 49 236 270 144\nCer tification of the Financial Statements\nWe certify that the:\n• financial statements of the Australian Energy Market Commission\n(the AEMC or the Commission):\n– are in accordance with the accounts and records of the Commission;\n– comply with relevant Treasurer’s instructions;\n– comply with relevant accounting standards; and\n– present a true and fair view of the financial position of the Commission at the end\nof the financial year and the result of its operations and cash flows for the\nfinancial year.\n• internal controls employed by the Commission for the financial year over its financial\n Source: `annual-reports/2023-24.pdf (https://www.aemc.gov.au/sites/default/files/2024-12/AEMC_annual_report_2023-24.pdf)`\n- [pages 50,51]\nemc.gov.au\nwww.aemc.gov.au\nABN 49 236 270 144\nCer tification of the Financial Statements\nWe certify that the:\n• financial statements of the Australian Energy Market Commission\n(the AEMC or the Commission):\n– are in accordance with the accounts and records of the Commission;\n– comply with relevant Treasurer’s instructions;\n– comply with relevant accounting standards; and\n– present a true and fair view of the financial position of the Commission at the end\nof the financial year and the result of its operations and cash flows for the\nfinancial year.\n• internal controls employed by the Commission for the financial year over its financial\nreporting and its preparation of financial statements have been effective.\n Source: `annual-reports/2023-24.pdf (https://www.aemc.gov.au/sites/default/files/2024-12/AEMC_annual_report_2023-24.pdf)`\n- I’m pleased to share that not only did we meet our\ntarget, we beat it, completing 27 rule changes and We completed and published our Integrating price-\nfive reviews in the 2024-25 financial year. responsive resources into the NEM rule change\nto enhance market efficiency by creating new\nOur “25 in 25” target encouraged innovation in our\nopportunities for both energy suppliers and users to\napproach to rule change and review processes,\nparticipate in ways that weren't possible before.\ncreativity in our resourcing, adaptable and flexible\nengagement with our stakeholders, and we delivered Our Unlocking CER benefits through flexible\nkey reform outcomes. trading rule change, which makes it easier for\nhouseholds and businesses to capture value from\nConsumers their consumer energy resources (CER) and exercise\ngreater control over their energy use was also\n Source: `annual-reports/2024-25.pdf (https://www.aemc.gov.au/sites/default/files/2025-11/2024-25%20AEMC%20Annual%20Report%20final_0.pdf)`\n\n## Key Metrics\n\n| Values found | Evidence | Source |\n|---|---|---|\n| $1,356,000 , 393\nStaff | 4.1 Supplies and services\n2021 2020\n$’000 $’000\nProperty expenses^ 250 1,066\nInformation technology expenses 1,643 1,421\nAccounting, legal and audit expenses 321 353\nProject contractor and consultancy expenses# 4,568 3,010\nOther contractor and consultancy expenses 225 100\nProject support expenses* 786 848\nGeneral office administration expenses 83 203\nLow-value leases 3 10\nShort term leases 10 –\nVariable lease payments 525 205\nTravel and accommoda | `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)` |\n| $10,000 | [Page 106]\nFINANCIAL PERFORMANCE\nNotes to the financial statements continued\nFor the year ended 30 June 2021\nConsultants\nThe number of consultancies and dollar amount paid/payable (included in supplies and services expense) to consultants that fell\nwithin the following bands:\n2021 2020\nNo $’000 No $’000\nBelow $10,000 8 15 8 43\n$10,000 or above 36 5,192 30 3,012\nTotal 44 5,207 38 3,055\n4.2 Depreciation and amortisation\n2021 2020\n$’000 $’000\nLeaseh | `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)` |\n| 26 per cent | Our Statement of Intent from energy 2020–2021 as seven or higher (out of 10).\nministers will be updated regularly in this context\nThis year AEMC staff turnover was 26 per cent.\nand informed by the energy ministers’ Strategic\nEnergy Plan which outlines the strategic direction We recognise the challenges the COVID-19\nof the energy sector. pandemic has posed for our employees and\nwe have provided them with ongoing practical\nPerformance support in a | `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)` |\n| $1.3, $150,000 , $550,000 , 1.8million | The AEMC found that the significant costs\nto connect and register a scheduled plant ranged from $1.3-1.8million, with\nongoing costs from $150,000 to $550,000 per year – and this could represent\na barrier for smaller generators. | `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)` |\n| $109,000 , $85,000, $127,000 , $99,000 | The net financial effect of the changes to actuarial assumptions in the current financial year is a decrease in the long service leave\nliability of $109,000 (2020: $85,000) and a decrease in the employee benefits expense of $127,000 (2020: $99,000). | `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)` |\n| $1,000, $0 | It commenced on 1 Oct 2021.\nefficient use of generation. • We have identified benefits from the reform during its first 19 months, and note that the\n• Improved price signals for more key risks identified in the rule change do not appear to be occurring.\nefficient investment in generation, • Notably the first year of five minute settlement operation coincided with significant\nstorage and demand response market pressures which influenced all energy | `annual-reports/2022-23.pdf (https://www.aemc.gov.au/sites/default/files/2023-12/AEMC_annual_report_2022-23_web_v2.pdf)` |\n| $4 billion, 4 billion | [Page 20]\nTable 2.2: Total demand and generation in each NEM region in 2008-200922\nSTATE TOTAl DEMAND TOTAl GENErATION\nQueensland 52.3 TWh 59.7 TWh\nnew South Wales 78.2 TWh 72.7 TWh\nSouth australia 13.4 TWh 12.2 TWh\nVictoria 51.7 TWh 54.3 TWh\nTasmania 10.1 TWh 7.5 TWh\nThe size of the gas transmission pipeline network has trebled since\n1991 to approximately 20,000 km, with approximately $4 billion invested\nor committed to transmission pipeline dev | `strategies/AEMC-Strategic-Priorities-Discussion-Paper.pdf (http://www.aemc.gov.au/sites/default/files/content/AEMC-Strategic-Priorities-Discussion-Paper.PDF)` |\n| $14.4 billion, 14.4 billion | [Page 31]\nIn 2009 the AER approved a capital expenditure program for the\nNew South Wales network businesses of $14.4 billion over the period\n2009-2014. | `strategies/AEMC-Strategic-Priorities-Discussion-Paper.pdf (http://www.aemc.gov.au/sites/default/files/content/AEMC-Strategic-Priorities-Discussion-Paper.PDF)` |\n\n## Key Achievements\n\n- I’m pleased to share that not only did we meet our\ntarget, we beat it, completing 27 rule changes and We completed and published our Integrating price-\nfive reviews in the 2024-25 financial year. responsive resources into the NEM rule change\nto enhance market efficiency by creating new\nOur “25 in 25” target encouraged innovation in our\nopportunities for both energy suppliers and users to\napproach to rule change and review processes,\nparticipate in ways that weren't possible before.\ncreativity in our resourcing, adaptable and flexible\nengagement with our stakeholders, and we delivered Our Unlocking CER benefits through flexible\nkey reform outcomes. trading rule change, which makes it easier for\nhouseholds and businesses to capture value from\nConsumers their consumer energy resources (CER) and exercise\ngreater control over their energy use was also\n Source: `annual-reports/2024-25.pdf (https://www.aemc.gov.au/sites/default/files/2025-11/2024-25%20AEMC%20Annual%20Report%20final_0.pdf)`\n- [Page 10]\nAdvice: rule changes and reviews on foot\nProject Project title Proponent Status Progress Implementation Next\ncategory (where rule or delay date consultation\nchange) milestone\n(as reflected in\nregulatory road map\nor related advice)\nNo major reform\nSubmissions on draft\n2020 biennial review into liquidity in proposed, possible minor\nGas In progress Progress report due 14 May\nwholesale and gas pipeline trading changes for further action\n2020\nmarkets in 2020/21\nThis is work the AEMC is progressing internally and\nGovernance ESB review of the NER In progress Progress\nimplementation will be discussed with GPT\nAction to implement priority renewable Consultation on likely\nNetworks In progress Progress TBC\nenergy zones rules mid-June 2020\nElectricity network economic regulatory Now delayed from Q2\nNetworks In progress Progress N/A\nframework review 2020 – 2020 to Q3\nProvision of modelling\n Source: `strategies/Market-20bodies-20prioritisation-20package-20-232-2007.05.pdf (https://www.aemc.gov.au/sites/default/files/2020-05/Market%20bodies%20prioritisation%20package%20%232%2007.05.pdf)`\n- [Page 73]\nGovernance and statutory reports AEMC Annual Report 2022-23\nMetric Update\nPractical rule changes and advice: Track progress of the outcomes of key rule changes that have\nbeen recently implemented to determine their success and to influence future decisions\nIntegrating energy storage systems into the NEM\n• Key implementation dates met. • On 2 December 2021, the Commission made a final rule to introduce a new registration\n• Continue to work with AEMO category called the integrated resource provider (IRP) to better integrate storage into\nto adjust and fine tune the rule the NEM.\nchange (if necessary). • AEMO is aiming to enable aggregated dispatch conformance in August 2023\n• Small resource aggregators and all other implementation milestones on 2 and 3 June 2024.\n Source: `annual-reports/2022-23.pdf (https://www.aemc.gov.au/sites/default/files/2023-12/AEMC_annual_report_2022-23_web_v2.pdf)`\n- [Page 11]\nAdvice: rule changes and reviews on foot\nProject Project title Proponent Status Progress Implementation Next\ncategory (where rule or delay date consultation\nchange) milestone\n(as reflected in\nregulatory road map\nor related advice)\nChair of the\nCompetition\nFinal determination\nIntroduction of metering coordinator Metering Industry\nNetworks In progress Progress Q4 2021 due for publication\nplanned interruptions Group (CMIG), a\nMay 2020.\nsub-branch of Master\nElectricians Australia\nDistributor liability under deemed TBC, subject to rule Consultation paper\nNetworks Pending Progress\nstandard connection contracts Mr Stephen Kraus being made now Q3-Q4 2020\n2023, subject to rule\nReview of competitive metering Consultation paper\nNetworks Pending Progress being made and extent\narrangements Q3-2020\nof IT changes\nGovernance of DER national technical Subject to rule being\n Source: `strategies/Market-20bodies-20prioritisation-20package-20-232-2007.05.pdf (https://www.aemc.gov.au/sites/default/files/2020-05/Market%20bodies%20prioritisation%20package%20%232%2007.05.pdf)`\n- [Page 12]\nAdvice: rule changes and reviews on foot\nProject Project title Proponent Status Progress Implementation Next\ncategory (where rule or delay date consultation\nchange) milestone\n(as reflected in regulatory\nroad map or related\nadvice)\nTBC, and subject to\nESB approval\nRetail/consumer Implementation to be aligned\nNEM data strategy In progress Progress consultation paper.\noutcomes with AEMO regulatory map\nTo be delayed until\nJuly/August\nDraft by late\nAugust, final by\nDecember 2020, as\nper terms of\nRetail/consumer\nResidential Price Trends In progress Progress N/A reference\noutcomes\nThis project does\nnot require industry\nconsultation\nFinal report due to\nRetail/consumer be published June\nRetail Competition review 2020 In progress Progress N/A\noutcomes 2020, as per terms\nof reference\nRetail/consumer TBC, subject to rule being Consultation paper\n Source: `strategies/Market-20bodies-20prioritisation-20package-20-232-2007.05.pdf (https://www.aemc.gov.au/sites/default/files/2020-05/Market%20bodies%20prioritisation%20package%20%232%2007.05.pdf)`\n- [Page 13]\nAdvice: rule changes and reviews on foot\nPROJECTS\nProject Project title Proponent Project Status Progress Implementation Next\ncategory (where rule number or delay date consultation\nchange) milestone\n(as reflected in\nregulatory road map\nor related advice)\nEnergy Consultation paper\nRetail/consumer TBC, subject to rule being\nRetail market transparency Consumers RRC0033 Pending Progress now delayed to\noutcomes made\nAustralia September 2020\nInterim reliability measures - out of May 2020 for 0.0006%\nReliability market capacity reserve; amend the In progress Progress Q3 2020 draft rules; Q3 2020\ntrigger for RRO for RRO\nTransparency of unserved energy\nReliability ERC0279 Pending Delay Q1 2021 Q3 2020\ncalculation Reliability Panel\nP2025 - resource adequacy Q3 2020\nReliability In progress Progress N/A\nmechanisms Discussion paper\nQ2 2020\n Source: `strategies/Market-20bodies-20prioritisation-20package-20-232-2007.05.pdf (https://www.aemc.gov.au/sites/default/files/2020-05/Market%20bodies%20prioritisation%20package%20%232%2007.05.pdf)`\n- [Page 15]\nAdvice: rule changes and reviews on foot\nProject Project title Proponent Status Progress or Implementation Next\ncategory (where delay date consultation\nrule milestone\nchange) (as reflected in\nregulatory road map\nor related advice)\nAffected participant compensation for Q2 2020\nSecurity Pending Progress\nFCAS losses AEMO Consultation\npaper\nJanuary 2021, subject\nto rule being made\ntnednepedretnI\nCompensation for scheduled loads\nSecurity Pending Progress\naffected by interventions AEMO\nCompensation following directions for\nSecurity services other than energy and Pending Progress\nmarket ancillary services AEMO\nSecurity Removal of intervention hierarchy AEMO Pending Progress Q2 2020\nDraft\nRemoval of mandatory restrictions\nSecurity Pending Progress determination\nframework AEMO\nRemoval of obligation to counteract\nSecurity Pending Progress Sept 2020, subject to\nduring intervention AEMO\n Source: `strategies/Market-20bodies-20prioritisation-20package-20-232-2007.05.pdf (https://www.aemc.gov.au/sites/default/files/2020-05/Market%20bodies%20prioritisation%20package%20%232%2007.05.pdf)`\n- [Page 16]\nAdvice: rule changes and reviews on foot\nProject Project title Proponent Status Progress Implementation date Next\ncategory (where rule or delay consultation\nchange) (as reflected in regulatory milestone\nroad map or related\nadvice)\nAEMO rule change proposal to\ndelay 5MS commencement Consultation paper to\nWholesale\nDelayed implementation of 5MS & GSM AEMO Pending Progress date from 1 July 2021 to 1 July be released 14 May\nmarkets\n2022 and GS from 6 Feb 22 to 2020\n5 Feb 23\nQ3 2021\nPIAC/Total\nEnvironment\nOur current assessment is that\nCentre/The\nthe industry costs are relatively\nAustralia Institute\nWholesale Mechanisms for wholesale demand small and the reform is an Final determination\nAustralian Energy In progress Progress\nmarkets response important step towards a 2SM, due in June 2020\nCouncil\nand therefore part of (or at\nSouth Australian\nleast related to) the\nMinister for\n Source: `strategies/Market-20bodies-20prioritisation-20package-20-232-2007.05.pdf (https://www.aemc.gov.au/sites/default/files/2020-05/Market%20bodies%20prioritisation%20package%20%232%2007.05.pdf)`\n- [Page 7]\nENGAGING WITH OUR OF RULE CHANGES ANNUAL EXPENDITURE\nSTAKEHOLDERS – REVIEW INITIATED WITHIN FOUR WITHIN BUDGET\nAND RULE CHANGE MONTHS (TARGET +/- 5%)\nSUBMISSIONS\nEngaging with our\nstakeholders - review a2n6d3 r8ule\nchange submissions 268\n635 72 +3.9\n% %\nJOINT SUBMISSIONS\nFROM SOLAR CITIZENS\nSUPPORTERS ON THE\nDER ACCESS AND ACTUAL EXPENSES STAFF BY GENDER\n271 258 PRICING RULE CHANGE\n575 617\nSTANDARD SUBMISSIONS\n– LATE 3%\nSTANDARD SUBMISSIONS\n2018-19 2019-20 2020-21 – ON TIME 36% 54% 46%\n61%\nWORKING FASTER –\nCATEGORIES FOR COMPLETED\nELECTRICITY, GAS AND RETAIL EMPLOYEE BENEFITS MALE\nRULE CHANGES EXPENSE\nWorking faster - categories for FEMALE\nSUPPLIES AND SERVICES\ncompleted electricity, gas and\n13\nretail rule changes DEPRECIATION\n35\n8\n16\n1\n6\n23 9\nEXPEDITED\nFAST-TRACKED\nSTANDARD\n2018-19 2019-20 2020-21\n5\nEXECUTIVE\nREPORT\nSTRATEGIC\nOVERVIEW\nOUR\nORGANISATION\nRULES\nAND\nREVIEWS\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- This issue\nIn 2020–2021 the AEMC completed 31 rule\nremains a priority for us in 2021-2022.\nchanges and initiated 36 new rule change\nrequests.\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- [pages 54,55,56]\nmissioner forums Number of consumer and industry forums attended 29 23 16\nby Commissioners\nStaff-led forums Number of consumer and industry forums attended 21 28 16\nby AEMC executive general managers\nInstitutional Number of meetings between Commissioners and 48 59 110\ncooperation AEMO and AER leadership\nStakeholder At least 7 out of 10 stakeholders satisfied with the 68% compared Survey due 2022 Survey due 2022\nsatisfaction survey AEMC’s performance – giving a score of 7 or more with 70% in FY16\n(every three years) out of 10\nConsultation process Develop project-specific stakeholder satisfaction 30% of completed 25% of completed 38% of completed\nsurveys surveys and ensure at least 25% of projects initiate projects projects projects\nsurvey upon project completion\n52 2020 • 2021 ANNUAL REPORT\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- [Page 80]\nRULES AND REVIEWS\nTable I\nMarket reviews and advice summary table\nCOAG ENERGY COUNCIL INITIATED REVIEWS\nAEMC project Proponent Start date End date Status at 30 June 2021\n2020 biennial review into liquidity in COAG Energy 30 January 2020 17 July 2020 Completed\nwholesale and gas pipeline trading markets Council\nElectricity network economic regulatory COAG Energy 4 June 2020 1 October 2020 Completed\nframework review 2020 Council\nResidential electricity price trends 2020 COAG Energy 29 June 2020 21 December 2020 Completed\nCouncil\nReview of the retailer of last resort scheme Ministerial forum of 8 October 2020 25 February 2021 Completed\nEnergy Ministers\nCoordination of generation and transmission COAG Energy 1 March 2019 Ongoing The AEMC – as part\ninvestment implementation – access and Council of the ESB – is now\ncharging\nfocusing as a priority\non progressing the\nwork on renewable\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n\n## Key Issues, Risks, and Recommendations\n\n- [Page 32]\nOur year in review AEMC Annual Report 2023-24\nJ a c k S c h m i dt k e\nG e n e r a l C o u n s e l ,\nL e g a l a n d G o v e r n a n c e\nA u s t ra l i a n E n e r g y M a r ke t C o m m i s s i o n\nJack leads the team that supports the Commission The rule changes and reviews we supported in 2023-\non legal, regulatory, audit and risk, and governance 24 continued to present unique and complex legal\nmatters, and drafts amendments to the national issues, which spanned the gamut of the electricity,\nenergy rules. gas and related retail sectors.\n Source: `annual-reports/2023-24.pdf (https://www.aemc.gov.au/sites/default/files/2024-12/AEMC_annual_report_2023-24.pdf)`\n- [Page 32]\nOUR ORGANISATION\nOrganisation charts\nCommissioners\nAs at 30 September 2021\nAnna Collyer\nChair\nCharles Michelle Allison Merryn\nPopple Shepherd Warburton York\nCommissioner Commissioner Commissioner Commissioner\nAudit & Risk\nReliability\nManagement\nPanel\nCommittee\nExecutive leadership team\nAs at 30 September 2021\nBenn Barr\nAnna Collyer\nChief Executive\nChair\nMichael Bradley Suzanne Falvi David Feeney Gayee McGrath Victoria Mollard Jack Schmidtke\nExecutive General Executive General Executive General Executive General Executive General General Counsel\nManager, Retail and Manager, Strategy and Manager, Transmission Manager, People Manager, Security and Legal and\nWholesale Markets Economic Analysis and Distribution and Culture Reliability Governance\nNetworks\n30 2020 • 2021 ANNUAL REPORT\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- [Page 58]\nOUR ORGANISATION\nGovernance\nCommission Audit and Risk Management Committee\nmembership and meetings 2020-2021\nMembers Committee term Eligible Attended\nDavid Pendleton (Independent Chair) From 31 December 2019 5 5\nAllison Warburton From 23 April 2018 5 5\nJane Byrne (former Independent Chair) 1 July 2015 – 30 June 2021 5 5\nAllison Warburton Fraud prevention\nAEMC Commissioner and Committee member\nWithin our risk management framework,\nAllison has worked in the energy sector for procedures are in place to help identify\nmore than 20 years, advising energy users, sources of potential fraud or corrupt practices,\ngovernments and major corporations on energy prevent occurrences, and investigate and\npolicy and legislation.\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- 3.3 Committee members\nRemuneration of committee members\nCommittee Members during the 2020–21 financial year were:\nReliability Panel\nCharles Popple (Chair)\nAudit and Risk Management Committee (ARMC)\nJane Byrne (Chair)\nDavid Pendleton\nAllison Warburton\n2021 2020\nNo No\nThe number of ARMC members whose remuneration received\nor receivable falls within the following bands:\n$0–$19,999 3 3\nTotal number of members 3 3\nRemuneration of ARMC members reflects all costs of performing ARMC member duties including sitting fees, salaries and wages,\nsuperannuation contributions, salary sacrifice benefits and fringe benefits and any net fringe benefits tax paid or payable in respect\nof those benefits.\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- [pages 3]\n[Page 3]\nAEMC ANNUAL REPORT I 2021-2022\nContents\n2 13\n26\nOur role and Our year in Rules and\nfunctions review reviews\nOur role and functions 03 Strategic plan 14 National energy objectives 27\nPerformance highlights 04 Executive leadership team 17 Making the rules 27\nReports from 1he Chair and CE 05,06 Team reports 18 Status of rule changes 28\nCommissioners 07 Supporting stakeholders 23 Status of reviews 30\nReliability Panel 10 Our people 25 Rules commenced 31\nAudit and Risk Management 12\ncommittee\n33\n48\nFinancial Governance and\nstatements statutory reports\nAuditor-General's report 34 Commissioner disclosures 49\nCertification 35 Key performance indicators 51\nFinancial statements 36 Governance reports 53\nNotes to the financial statements 38 External consultants 54\nAEMO powers of direction 55\nCompliance index 65\n01\n Source: `annual-reports/2021-22.pdf (https://www.aemc.gov.au/sites/default/files/2022-12/AEMC%20Annual%20Report%202021%20-%202022.pdf)`\n- [Page 4]\nOur role and functions\nReports from the Chair and Chief Executive 8–10\nPerformance highlights 11\nCommissioners 12–15\nReliability Panel 16–17\nAudit and Risk Management Committee 18\nOur year in review\nStrategic plan 20–22\nExecutive leadership team 24–25\nTeam reports 26–30\nCommunications and stakeholder engagement highlights 31–32\nOur people 33–34\nRules and reviews\nNational energy objectives 36\nMaking the rules 36\nStatus of rule changes 37–38\nStatus of reviews 38\nRules commenced 39–40\nFinancial statements\nAuditor-General's report 42–44\nCertification 45\nFinancial statements 46–49\nNotes to the financial statements 50–67\nGovernance and statutory reports\nCommissioner disclosures 69–71\nKey performance indicators 72–76\nGovernance reports 77\nExternal consultants 78–79\nAEMO powers of direction 80–88\nCompliance index 89\nstnetnoC\n4\n Source: `annual-reports/2022-23.pdf (https://www.aemc.gov.au/sites/default/files/2023-12/AEMC_annual_report_2022-23_web_v2.pdf)`\n- [Page 5]\nOur role and functions\nReport from the Chair and Chief Executive 9 – 11\nPerformance highlights 12\nCommissioners 13 – 16\nReliability Panel 17 – 18\nAudit and Risk Management Committee 19\nOur year in review\nStrategy 21 – 22\nExecutive leadership team 23 – 24\nTeam reports 24 – 33\nCommunications and stakeholder engagement 34 – 35\nOur people 36 – 38\nRules and reviews\nNational energy objectives 40\nMaking the rules 41\nStatus of rule changes 42 – 43\nStatus of reviews 44\nAmendments to the rules 44 – 45\nFinancial statements\nAuditor-General's report 47 – 49\nCertification 50\nFinancial statements 51 – 54\nNotes to the financial statements 55 – 72\nGovernance and statutory reports\nCommissioner disclosures 74 – 75\nKey performance indicators 76 – 80\nGovernance reports 81 – 82\nExternal consultants 83 – 85\nAEMO powers of direction 86 – 95\nCompliance index 95\nstnetnoC\n5\n Source: `annual-reports/2023-24.pdf (https://www.aemc.gov.au/sites/default/files/2024-12/AEMC_annual_report_2023-24.pdf)`\n- [Page 5]\nOur role and functions\nReport from the Chair 9 – 11\nPerformance highlights 12\nCommissioners 13 – 17\nReliability Panel 18 – 19\nAudit and Risk Management Committee 20\nOur year in review\nStrategy 22 – 24\nExecutive leadership team 25 – 26\nTeam reports 26 – 35\nEngaging with our stakeholders 36 – 37\nOur people 38 – 40\nRules and reviews\nNational energy objectives 42\nMaking the rules 43\nStatus of rule changes 44 – 46\nStatus of reviews 46\nAmendments to the rules 47 – 48\nFinancial statements\nAuditor–General's report 50 – 52\nCertification 53\nFinancial statements 54 – 57\nNotes to the financial statements 58 – 74\nGovernance and statutory repor ts\nCommissioner disclosures 76 – 77\nKey performance indicators 78 – 80\nGovernance reports 81 – 82\nExternal consultants 83 – 84\nAEMO powers of direction 85 – 95\nCompliance index 96\ns\nt\nn\ne\nt\nn\no\nC\n5\n Source: `annual-reports/2024-25.pdf (https://www.aemc.gov.au/sites/default/files/2025-11/2024-25%20AEMC%20Annual%20Report%20final_0.pdf)`\n- Figure 2.9 – Large-scale Renewable Energy Target\n)hWG(\nTEGRAT\nYGRENE\nELBAWENER\n45,000\n40,000\n35,000\n30,000\n25,000\n20,000\n15,000\n10,000\n5,000\n0\nTARGET YEAR\nData source: Climate Change Authority, Renewable Energy Target Review, Issues Paper, August 2012, p21\n1002 2002 3002 4002 5002 6002 7002 8002 9002 0102 1102 2102 3102 4102 5102 6102 7102 8102 9102 0202 1202 2202 3202 4202 5202 6202 7202 8202 9202 0302\nWhile many renewable projects are currently at various stages of\ndevelopment, it will be a significant challenge to finance and build\nthe required number by 2020.33\n32 The 45,000GWh is comprised of a 41,000 GWh target for the LRET and an uncapped\naspiration of 4,000 GWh for the SRES.\n Source: `strategies/AEMC-Strategic-Priorities-Discussion-Paper-2013.pdf (http://www.aemc.gov.au/sites/default/files/content/AEMC-Strategic-Priorities-Discussion-Paper-2013.PDF)`\n- [pages 16,17]\nsource: Climate Change Authority, Renewable Energy Target Review, Issues Paper, August 2012, p21\n1002 2002 3002 4002 5002 6002 7002 8002 9002 0102 1102 2102 3102 4102 5102 6102 7102 8102 9102 0202 1202 2202 3202 4202 5202 6202 7202 8202 9202 0302\nWhile many renewable projects are currently at various stages of\ndevelopment, it will be a significant challenge to finance and build\nthe required number by 2020.33\n32 The 45,000GWh is comprised of a 41,000 GWh target for the LRET and an uncapped\naspiration of 4,000 GWh for the SRES.\n Source: `strategies/AEMC-Strategic-Priorities-Discussion-Paper-2013.pdf (http://www.aemc.gov.au/sites/default/files/content/AEMC-Strategic-Priorities-Discussion-Paper-2013.PDF)`\n- [Page 75]\nElectricity rule request Status at 30 June 2021\nFor the past few decades, the main challenge to power system security has Proponent COAG Energy\nbeen keeping the power system going when a single piece of equipment fails, Council\nEnhancing like a power plant suddenly going offline.\noperational Initiated 17 Dec 2020\nHowever, as the power plants on our grid change and weather events\nresilience in relation\nto indistinct events become more intense and frequent, “indistinct” events are emerging as a risk Category Standard\nto the grid.\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- [Page 11]\nissues and developments, and recommendations on Fundamentally market and regulatory arrangements\npriority matters\".9 are mechanisms for allocating responsibilities and\nrisks between the parties involved.\n Source: `strategies/Strategic-Priorities-for-Energy-Market-Development.pdf (http://www.aemc.gov.au/sites/default/files/content/Strategic-Priorities-for-Energy-Market-Development.pdf)`\n- The revised plans were information (FOI) requests under section 13 of the\noverseen by the Commission and Audit and Risk Freedom of Information Act 1991 (SA) in the 2022-23\nManagement Committee. financial year.\n* The Ministerial Council on Energy (MCE) is referenced in the AEMC's governing legislation and is a legally enduring body comprising the federal, state and territory\nministers responsible for energy.\n Source: `annual-reports/2022-23.pdf (https://www.aemc.gov.au/sites/default/files/2023-12/AEMC_annual_report_2022-23_web_v2.pdf)`\n- [Page 79]\nGovernance and statutory reports AEMC Annual Report 2022-23\nExternal Consultants Description of Consultancy\nKing & Wood Mallesons Provision of legal services on rule changes and reviews\nKPMG Middle Market Advisory Provision of specialist advice\nList G Pty Ltd Provision of legal advice on energy framework\nMercer Internal governance and human resources\nMonash University Provision of specialist policy advice\nMott MacDonald Australia Pty Ltd Provision of specialist policy advice\nNERA Economic Consulting Expert economic advice\nNewgate Research Consumer research and strategy\nOakley Greenwood Pty Ltd Review of standards and regulatory framework\nOpsCentre Pty Ltd Business continuity planning\nPacific Consulting by Design Pty Ltd Provision of IT advice\nPricewaterhouseCoopers (NSW) Expert assurance and audit advice\nSeaton Legal Provision of legal services on rule changes and reviews\n Source: `annual-reports/2022-23.pdf (https://www.aemc.gov.au/sites/default/files/2023-12/AEMC_annual_report_2022-23_web_v2.pdf)`\n\n## Corporate Values and Operating Culture\n\n- [Page 98]\nFINANCIAL PERFORMANCE\nNotes to the financial statements\nfor the year ended 30 June 2021\n1 About the Australian Energy Market Commission 97\n1.1 Basis of preparation 97\n1.2 Objectives and activities 98\n1.3 Economic dependency 98\n2 Income 98\n2.1 Contributions from participating jurisdictions 98\n2.2 Sales of goods and services 99\n2.3 Interest revenues 99\n2.4 Other revenue 100\n3 Commissioners, committees and employees 100\n3.1 Key management personnel 100\n3.2 Commissioners 100\n3.3 Committee members 101\n3.4 Employee benefits expense 101\n3.5 Employee benefits liability 102\n4 Expenses 103\n4.1 Supplies and services 103\n4.2 Depreciation and amortisation 104\n4.3 Interest expense 105\n4.4 Net loss on disposal/write-off of non-current assets 105\n5 Non-financial assets 106\n5.1 Property, Plant and equipment by asset class 106\n5.2 Property, Plant and equipment owned by the Commission 107\n5.\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- [pages 98,99,100]\nnt and equipment by asset class 106\n5.2 Property, Plant and equipment owned by the Commission 107\n5.3 Property, plant and equipment leased by the Commission 107\n5.4 Intangible assets 108\n6 Financial assets 108\n6.1 Cash and cash equivalents 108\n6.2 Receivables 109\n7 Liabilities 109\n7.1 Payables 109\n7.2 Lease liabilities 110\n7.3 Other liabilities 110\n7.4 Provisions 111\n8 Other disclosures 111\n8.1 Equity 111\n8.2 Cash flow 112\n9 Outlook 112\n9.1 Unrecognised commitments 112\n9.2 Contingent assets and liabilities 112\n9.3 Standards issued but not yet effective 112\n9.4 Events after reporting period 112\n10 Measurement and risk 113\n10.1 Long service leave liability – measurement 113\n10.2 Fair value 113\n10.3 Financial instruments 113\n11 Disclosure of administered items 115\n96 2020 • 2021 ANNUAL REPORT\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- In addition, the strategy supports\nemployee wellbeing, high levels of engagement and • enhanced security through data protection and\nenables performance through effective business monitoring capability\ntools and processes.\n• scalable storage\nIn the 2023-24 year, work also began to deliver the • capability to integrate business solutions.\nfollowing three priority outcomes:\nThe second stage is due to be completed in the first\n• Continuing the cascade of leadership quarter of 2024-25 and will leverage cloud capability\ndevelopment through the organisation to further including storage and cost optimisation, advanced\nstrengthen the common language of expectations systems and data security, operational infrastructure\nand accountability aligned with our values. efficiency, and integration of business applications\nand reporting.\n Source: `annual-reports/2023-24.pdf (https://www.aemc.gov.au/sites/default/files/2024-12/AEMC_annual_report_2023-24.pdf)`\n- 3.3 Committee members\nRemuneration of committee members\nCommittee Members during the 2020–21 financial year were:\nReliability Panel\nCharles Popple (Chair)\nAudit and Risk Management Committee (ARMC)\nJane Byrne (Chair)\nDavid Pendleton\nAllison Warburton\n2021 2020\nNo No\nThe number of ARMC members whose remuneration received\nor receivable falls within the following bands:\n$0–$19,999 3 3\nTotal number of members 3 3\nRemuneration of ARMC members reflects all costs of performing ARMC member duties including sitting fees, salaries and wages,\nsuperannuation contributions, salary sacrifice benefits and fringe benefits and any net fringe benefits tax paid or payable in respect\nof those benefits.\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- 3.5 Employee benefits liability\n2021 2020\n$’000 $’000\nCurrent\nAccrued salaries and wages 571 445\nAnnual leave 1,355 1,096\nLong service leave 24 156\nTotal current employee benefits 1,950 1,697\nNon-current\nLong service leave 589 725\nTotal non-current employee benefits 589 725\nTotal employee benefits 2,539 2,422\nEmployee benefits accrue as a result of services provided up to the reporting date that remain unpaid.\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- 4.1 Supplies and services\n2021 2020\n$’000 $’000\nProperty expenses^ 250 1,066\nInformation technology expenses 1,643 1,421\nAccounting, legal and audit expenses 321 353\nProject contractor and consultancy expenses# 4,568 3,010\nOther contractor and consultancy expenses 225 100\nProject support expenses* 786 848\nGeneral office administration expenses 83 203\nLow-value leases 3 10\nShort term leases 10 –\nVariable lease payments 525 205\nTravel and accommodation expenses 102 648\nRecruitment expenses 667 393\nStaff training expenses 747 284\nOther staff related expenses 199 204\nTotal supplies and services 10,129 8,745\n^ P rior financial year included $1,356,000 of short-term lease payments.\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- Reconciliation 2020–21\n2021 2020\n$’000 $’000\nReconciliation of computer software\nCarrying amount at the beginning of the period 1,084 1,302\nAcquisitions – 149\nDisposals/write-offs (239) (1,233)\nAmortisation adjustment for write-offs 239 1,230\nAmortisation (312) (364)\nCarrying amount at the end of the period 772 1,084\n6 Financial assets\n6.1 Cash and cash equivalents\n2021 2020\n$’000 $’000\nCash at bank and on hand 10,358 8,272\nShort-term deposits 6,955 7,160\nTotal cash and cash equivalents 17,313 15,432\nCash and cash equivalents include cash at bank and cash on hand and in other short-term, highly liquid investments with maturities\nof six months or less that are readily converted to cash and which are subject to insignificant risk in changes in value.\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n- [pages 110,111,112]\n2021 2020\n$’000 $’000\nReconciliation of computer software\nCarrying amount at the beginning of the period 1,084 1,302\nAcquisitions – 149\nDisposals/write-offs (239) (1,233)\nAmortisation adjustment for write-offs 239 1,230\nAmortisation (312) (364)\nCarrying amount at the end of the period 772 1,084\n6 Financial assets\n6.1 Cash and cash equivalents\n2021 2020\n$’000 $’000\nCash at bank and on hand 10,358 8,272\nShort-term deposits 6,955 7,160\nTotal cash and cash equivalents 17,313 15,432\nCash and cash equivalents include cash at bank and cash on hand and in other short-term, highly liquid investments with maturities\nof six months or less that are readily converted to cash and which are subject to insignificant risk in changes in value.\n Source: `annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)`\n\n## Global Ideas and Case Study Inputs\n\n_No global-intelligence source text found yet. Run `CLAUDE/global-ideas-scraper.py ` to populate case-study sources._\n\n## Source Artifacts Used\n\n- `annual-reports/2020-21.pdf` - annual-reports - http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf\n- `annual-reports/2021-22.pdf` - annual-reports - https://www.aemc.gov.au/sites/default/files/2022-12/AEMC%20Annual%20Report%202021%20-%202022.pdf\n- `annual-reports/2022-23.pdf` - annual-reports - https://www.aemc.gov.au/sites/default/files/2023-12/AEMC_annual_report_2022-23_web_v2.pdf\n- `annual-reports/2023-24.pdf` - annual-reports - https://www.aemc.gov.au/sites/default/files/2024-12/AEMC_annual_report_2023-24.pdf\n- `annual-reports/2024-25.pdf` - annual-reports - https://www.aemc.gov.au/sites/default/files/2025-11/2024-25%20AEMC%20Annual%20Report%20final_0.pdf\n- `strategies/AEMC-Strategic-Priorities-Discussion-Paper.pdf` - strategies - http://www.aemc.gov.au/sites/default/files/content/AEMC-Strategic-Priorities-Discussion-Paper.PDF\n- `strategies/AEMC-Strategic-Priorities-Discussion-Paper-2013.pdf` - strategies - http://www.aemc.gov.au/sites/default/files/content/AEMC-Strategic-Priorities-Discussion-Paper-2013.PDF\n- `strategies/AEMC-Strategic-Priorities-Handout-Summary-2013.pdf` - strategies - http://www.aemc.gov.au/sites/default/files/content/AEMC-Strategic-Priorities-Handout-Summary-2013.PDF\n- `strategies/Strategic-Priorities-for-Energy-Market-Development-2013.pdf` - strategies - http://www.aemc.gov.au/sites/default/files/content/Strategic-Priorities-for-Energy-Market-Development-2013.PDF\n- `strategies/Strategic-Priorities-for-Energy-Market-Development.pdf` - strategies - http://www.aemc.gov.au/sites/default/files/content/Strategic-Priorities-for-Energy-Market-Development.pdf\n- `strategies/Market-20bodies-20prioritisation-20package-20-232-2007.05.pdf` - strategies - https://www.aemc.gov.au/sites/default/files/2020-05/Market%20bodies%20prioritisation%20package%20%232%2007.05.pdf\n- `strategies/EPR0087--20Final-20report-20--20stage-202-20--20infographic.pdf` - strategies - https://www.aemc.gov.au/sites/default/files/2022-10/EPR0087-%20Final%20report%20-%20stage%202%20-%20infographic.pdf\n- `strategies/emo0040_-aemc_metering_services_infographic.pdf` - strategies - https://www.aemc.gov.au/sites/default/files/2023-08/emo0040_-aemc_metering_services_infographic.pdf\n- `strategies/AEMC_narrative_150824_v6-20-28002-29-20as-20of-2010-20October-202024.pdf` - strategies - https://www.aemc.gov.au/sites/default/files/2024-10/AEMC_narrative_150824_v6%20%28002%29%20as%20of%2010%20October%202024.pdf\n- `strategies/AEMC-20submission-20to-20PC-20interim-20report-20--2015-20Sept-202025.pdf` - strategies - https://www.aemc.gov.au/sites/default/files/2025-09/AEMC%20submission%20to%20PC%20interim%20report%20-%2015%20Sept%202025.pdf\n- `strategies/AEMC_Reflect-20Reconciliation-20Action-20Plan.pdf` - strategies - https://www.aemc.gov.au/sites/default/files/2025-02/AEMC_Reflect%20Reconciliation%20Action%20Plan.pdf\n- `strategies/australian-energy-market-commission-aemc-sub-30.pdf` - strategies - https://www.aemc.gov.au/sites/default/files/2025-07/australian-energy-market-commission-aemc-sub-30.pdf\n- `reviews/AEMC-submission-to-the-Environment-and-Energy-Committee-s-Inquiry-into-modernisi.pdf` - reviews - https://www.aemc.gov.au/sites/default/files/content//AEMC-submission-to-the-Environment-and-Energy-Committee-s-Inquiry-into-modernising-Australia-s-electricity-grid-14-November-2017.pdf\n- `reviews/AEMC-20Submission-20to-20the-20Inquiry-20into-20Microgrids-20and-20Associated-20.pdf` - reviews - https://www.aemc.gov.au/sites/default/files/2018-11/AEMC%20Submission%20to%20the%20Inquiry%20into%20Microgrids%20and%20Associated%20Technologies%20in%20WA.pdf\n- `reviews/AEMC-20Submission-20Fair-20Dinkum-20Power-20Inquiry.pdf` - reviews - https://www.aemc.gov.au/sites/default/files/2019-03/AEMC%20Submission%20Fair%20Dinkum%20Power%20Inquiry.pdf\n- `reviews/AEMC-20submission-20to-20inquiry-20into-20sustainability-20of-20energy-20supply-.pdf` - reviews - https://www.aemc.gov.au/sites/default/files/2019-10/AEMC%20submission%20to%20inquiry%20into%20sustainability%20of%20energy%20supply%20and%20resources%20in%20NSW.pdf\n- `reviews/Redacted-20FINAL-20--20AEMC-20submission-20--20Inquiry-20into-20the-20prerequisi.pdf` - reviews - https://www.aemc.gov.au/sites/default/files/2019-09/Redacted%20FINAL%20-%20AEMC%20submission%20-%20Inquiry%20into%20the%20prerequisites%20for%20nuclear%20energy.pdf\n- `reviews/AEMC-20submission-20on-20the-20Inquiry-20into-20Future-20Directions-20for-20the-.pdf` - reviews - https://www.aemc.gov.au/sites/default/files/2020-05/AEMC%20submission%20on%20the%20Inquiry%20into%20Future%20Directions%20for%20the%20CDR-%20Issues%20Paper_Redacted.pdf\n- `reviews/AEMC-20submission-20on-20electric-20vehicle-20infrastructure-20-20for-20-20NSW-2.pdf` - reviews - https://www.aemc.gov.au/sites/default/files/2025-05/AEMC%20submission%20on%20electric%20vehicle%20infrastructure%20%20for%20%20NSW%20Legislative%20Assembly%20Committee.pdf\n- `pages/about.html` - pages - https://www.aemc.gov.au/about-us\n- `pages/announcements-index.html` - pages - http://www.aemc.gov.au/news-centre/speeches\n- `pages/annual-reports-index.html` - pages - http://www.aemc.gov.au/news-centre/annual-reports\n- `pages/annual-reports-index__00.html` - pages - http://www.aemc.gov.au/sites/default/files/2025-11/2024-25%20AEMC%20Annual%20Report%20final_0.pdf\n- `pages/annual-reports-index__01.html` - pages - http://www.aemc.gov.au/sites/default/files/2024-12/AEMC_annual_report_2023-24.pdf\n- `pages/annual-reports-index__02.html` - pages - http://www.aemc.gov.au/sites/default/files/2023-12/AEMC_annual_report_2022-23_web_v2.pdf\n- `pages/annual-reports-index__03.html` - pages - http://www.aemc.gov.au/sites/default/files/2022-12/AEMC%20Annual%20Report%202021%20-%202022.pdf\n- `pages/annual-reports-index__04.html` - pages - http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf\n- `pages/annual-reports-index__05.html` - pages - http://www.aemc.gov.au/sites/default/files/2020-11/AEMC%202019-2020%20annual%20report.PDF\n- `pages/annual-reports-index__06.html` - pages - http://www.aemc.gov.au/sites/default/files/2019-11/AEMC%20Annual%20Report%202018-2019.PDF\n- `pages/annual-reports-index__07.html` - pages - http://www.aemc.gov.au/sites/default/files/2018-11/AEMC%202017-2018%20annual%20report.pdf\n- `pages/annual-reports-index__08.html` - pages - http://www.aemc.gov.au/sites/default/files/content/2016-2017-AEMC-annual-report.pdf\n- `pages/annual-reports-index__09.html` - pages - http://www.aemc.gov.au/sites/default/files/content/AEMC-Annual-Report-2015-2016-LO-RES-FINAL-REVISED-31Oct.pdf\n- `pages/annual-reports-index__10.html` - pages - http://www.aemc.gov.au/sites/default/files/content/2653-AEMC-AR14-15-online.PDF\n- `pages/annual-reports-index__11.html` - pages - http://www.aemc.gov.au/sites/default/files/content/2422-AEMC-AR13-14-WEB-READY-VERSION-AW-8-WR.PDF\n- `pages/annual-reports-index__12.html` - pages - http://www.aemc.gov.au/sites/default/files/content/AEMC-Annual-Report-2012-2013.pdf\n- `pages/annual-reports-index__13.html` - pages - http://www.aemc.gov.au/sites/default/files/content/AEMC_Annual_Report_2011-2012.PDF\n- `pages/annual-reports-index__14.html` - pages - http://www.aemc.gov.au/sites/default/files/content/AEMC_Annual_Report_2010-2011.PDF\n- `pages/annual-reports-index__15.html` - pages - http://www.aemc.gov.au/sites/default/files/content/AEMC_Annual_Report_2009_2010.PDF\n- `pages/annual-reports-index__16.html` - pages - http://www.aemc.gov.au/sites/default/files/content/AEMC_AR09_FULL_REPORT-pdf.PDF\n- `pages/annual-reports-index__17.html` - pages - http://www.aemc.gov.au/sites/default/files/content/AEMC_Annual_Report_2007_2008.PDF\n- `pages/annual-reports-index__18.html` - pages - http://www.aemc.gov.au/sites/default/files/content/AEMC_Annual_Report_2006_2007.PDF\n- `pages/annual-reports-index__19.html` - pages - http://www.aemc.gov.au/sites/default/files/content/AEMC_Annual_Report_2005_2006.PDF\n- `pages/annual-reports-index__20.html` - pages - http://www.aemc.gov.au/sites/default/files/content/AEMC_Annual_Report_2004_2005.PDF\n- `pages/contact.html` - pages - https://www.aemc.gov.au/contact-us\n- `pages/homepage.html` - pages - http://www.aemc.gov.au\n- `pages/inquiries-index.html` - pages - http://www.aemc.gov.au/news-centre/submissions-to-inquiries\n- `pages/inquiries-index__24.html` - pages - https://www.aemc.gov.au/news-centre/submissions-to-inquiries\n- `pages/inquiries-index__25.html` - pages - http://www.aemc.gov.au/news-centre/submissions-to-inquiries\n- `pages/inquiries-index__26.html` - pages - https://www.aemc.gov.au/sites/default/files/2025-05/AEMC%20submission%20on%20electric%20vehicle%20infrastructure%20%20for%20%20NSW%20Legislative%20Assembly%20Committee.pdf\n- `pages/inquiries-index__27.html` - pages - https://www.aemc.gov.au/sites/default/files/2020-05/AEMC%20submission%20on%20the%20Inquiry%20into%20Future%20Directions%20for%20the%20CDR-%20Issues%20Paper_Redacted.pdf\n- `pages/inquiries-index__28.html` - pages - https://www.aemc.gov.au/sites/default/files/2019-10/AEMC%20submission%20to%20inquiry%20into%20sustainability%20of%20energy%20supply%20and%20resources%20in%20NSW.pdf\n- `pages/inquiries-index__29.html` - pages - https://www.aemc.gov.au/sites/default/files/2019-09/Redacted%20FINAL%20-%20AEMC%20submission%20-%20Inquiry%20into%20the%20prerequisites%20for%20nuclear%20energy.pdf\n- `pages/leadership.html` - pages - http://www.aemc.gov.au/about-us/executive-leadership-team\n- `pages/media-releases-index.html` - pages - http://www.aemc.gov.au/news-centre/media-releases\n- `pages/news-latest.html` - pages - https://www.aemc.gov.au/news-centre\n- `pages/priorities-index.html` - pages - https://www.aemc.gov.au/our-work\n- `pages/publications-index.html` - pages - http://www.aemc.gov.au/news-centre/corporate-publications\n- `pages/reforms-index.html` - pages - https://www.aemc.gov.au/news-centre/media-releases/aemc-proposes-gas-network-regulatory-reforms\n- `pages/reviews-index.html` - pages - http://www.aemc.gov.au/our-work/market-reviews-and-advice\n- `pages/strategies-index.html` - pages - http://www.aemc.gov.au/rule-changes/establishing-regulatory-framework-retail-customer-initiated-gas-abolishment\n- `pages/strategies-index__21.html` - pages - https://www.aemc.gov.au/rule-changes/establishing-regulatory-framework-retail-customer-initiated-gas-abolishment\n- `pages/strategies-index__22.html` - pages - http://www.aemc.gov.au/rule-changes/establishing-regulatory-framework-retail-customer-initiated-gas-abolishment\n- `pages/strategies-index__23.html` - pages - http://www.aemc.gov.au/news-centre/data-portal\n- `other-pdfs/4145_AEMC-Price-Trends-2021_National-20A_v4.pdf` - other-pdfs - https://www.aemc.gov.au/sites/default/files/2021-11/4145_AEMC-Price-Trends-2021_National%20A_v4.pdf\n- `other-pdfs/EPR0087-20--20final-20--20infographic.pdf` - other-pdfs - https://www.aemc.gov.au/sites/default/files/2023-05/EPR0087%20-%20final%20-%20infographic.pdf\n- `other-pdfs/2025.09.17-20--20AEMC-20submission-20to-20the-20NEM-20review-20draft-20report_fi.pdf` - other-pdfs - https://www.aemc.gov.au/sites/default/files/2025-09/2025.09.17%20-%20AEMC%20submission%20to%20the%20NEM%20review%20draft%20report_final.pdf\n- `other-pdfs/20250725-20AEMC-20--20Submission-20in-20response-20to-20the-20NSW-20Transmission.pdf` - other-pdfs - https://www.aemc.gov.au/sites/default/files/2025-08/20250725%20AEMC%20-%20Submission%20in%20response%20to%20the%20NSW%20Transmission%20Planning%20Review%20Interim%20Report.pdf\n- `other-pdfs/AEMC-20submission-20to-20the-20CCA-202025-20Issues-20Paper.pdf` - other-pdfs - https://www.aemc.gov.au/sites/default/files/2025-08/AEMC%20submission%20to%20the%20CCA%202025%20Issues%20Paper.pdf\n\n## Gaps To Fix\n\n- No corporate plan text source found.\n- No global comparison/case-study sources found.", "legislation_md": "# Australian Energy Market Commission - Acts and Legislation Discovery\n\n**Generated at**: 2026-05-09T21:23:05.659622+00:00\n**Entity ID**: B-000685\n**Jurisdiction**: Commonwealth\n**Portfolio**: Climate Change, Energy, the Environment and Water\n\n> This is an evidence-based discovery list from scraped department material. A mention does not always mean the department administers the legislation; high-confidence and official register links should be reviewed.\n\n## Summary\n\n- Source files scanned: 74\n- Unique legislation references found: 26\n\n| Type | Count |\n|---|---:|\n| Act | 18 |\n| Regulation | 1 |\n| Rules | 4 |\n| Standard | 3 |\n\n## Legislation References\n\n### Australian Energy Market Commission Establishment Act 2004\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 17\n**Register search**: https://www.legislation.gov.au/search?query=Australian+Energy+Market+Commission+Establishment+Act+2004\n\n**Sources**:\n- `annual-reports/2020-21.pages.jsonl`\n- `annual-reports/2022-23.pages.jsonl`\n- `annual-reports/2023-24.pages.jsonl`\n- `annual-reports/2024-25.pages.jsonl`\n- `strategies/AEMC-Strategic-Priorities-Discussion-Paper-2013.pages.jsonl`\n\n**Evidence contexts**:\n- he Hon Dan van Holst Pellekaan MP\nMinister for Energy and Mining\nGPO Box 974\nAdelaide SA 5001\nDear Minister\nI am pleased to present the Australian Energy Market Commission’s 2020–2021 annual report.\nThis report is prepared in accordance with Section 27 of the Australian Energy Market Commission\nEstablishment Act 2004 (SA).\nAnna Collyer\nCHAIR\n2\n\n[page 3]\nContents\n2 9 21\nEXECUTIVE REPORT STRATEGIC OVERVIEW OUR ORGANISATION\nIncludes the performance A strategic overview of our Who we are, what we do, our\nsummary and Chair and Chief work in the year under review leadership and\n Source: `annual-reports/2020-21.pages.jsonl`\n- 7\n\n[page 100]\nFINANCIAL PERFORMANCE\nNotes to the financial statements continued\nFor the year ended 30 June 2021\n1.2 Objectives and activities\nObjectives\nThe Australian Energy Market Commission (“the Commission”) was established on 22 July 2004 pursuant to the Australian\nEnergy Market Commission Establishment Act 2004 (South Australia). The Commission operates in Australia from a single office\nin Sydney, NSW.\nThe Commission’s key functions under the AEMC Establishment Act, the National Electricity Law, National Gas Law, and\nthe National Energy Retail Law, are to:\n• conside\n Source: `annual-reports/2020-21.pages.jsonl`\n- ompensation for the Commission’s key management personnel is $4,345,000 (2020: $5,079,000) paid during\nthe financial year.\nTransactions with key management personnel and other related parties\nThe Commission is a statutory authority established pursuant to the Australian Energy Market Commission Establishment Act 2004.\nThe Commission is not owned or controlled by the South Australian Government. Related parties of the Commission include\nall key management personnel, their close family members and any entities controlled by those persons.\nThere were no transactions with key\n Source: `annual-reports/2020-21.pages.jsonl`\n- The Hon Tom Koutsantonis MP\nMinister for Energy and Mining\nGPO Box 974\nAdelaide SA 5001\nDear Minister\nI am pleased to present the Australian Energy Market Commission’s (AEMC) 2022-23 Annual Report.\nThis report is prepared in accordance with Section 27 of the Australian Energy Market Commission\nEstablishment Act 2004 (SA).\nYours sincerely\nAnna Collyer\nChair\nEnquiries\nBenn Barr, Chief Executive\nLevel 15, 60 Castlereagh Street Sydney NSW 2000 Citation AEMC 2022-23 annual report©\nW www.aemc.gov.au This document contains hyperlinks to\nE aemc@aemc.gov.au supplementary material\n Source: `annual-reports/2022-23.pages.jsonl`\n- nnual Report 2022-23\nion’s\n$’000 $’000\n–\n–\n67\n\n[page 68]\nG O V E R N A N C E A N D\nS T A T U T O R Y R E P O R T S\n68\n\n[page 69]\nGovernance and statutory reports AEMC Annual Report 2022-23\nCommissioner disclosures\nConflicts of interest\nUnder Section 22 of the Australian Energy Market Commission Establishment Act\n2004 (SA), Commissioners must disclose any direct or indirect conflicts of interest\nin any matter the AEMC is considering. These disclosures are formally minuted and\npublished on the AEMC website. The following declarations of interest were made\nby Commissioners i\n Source: `annual-reports/2022-23.pages.jsonl`\n\n### Freedom of Information Act 1991\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 6\n**Register search**: https://www.legislation.gov.au/search?query=Freedom+of+Information+Act+1991\n\n**Sources**:\n- `annual-reports/2020-21.pages.jsonl`\n- `annual-reports/2022-23.pages.jsonl`\n- `annual-reports/2023-24.pages.jsonl`\n- `annual-reports/2024-25.pages.jsonl`\n\n**Evidence contexts**:\n- June 2021. We thank Jane for and all versions of the National Electricity Rules,\nher service to the AEMC. National Gas Rules and National Energy Retail\nRules are on our website at www.aemc.gov.au.\nThey can also be inspected at our offices.\nA request under the Freedom of Information Act\n1991 (SA) is not required to inspect them.\nThe AEMC did not receive any freedom of\ninformation (FOI) requests in 2020–2021.\n56 2020 • 2021 ANNUAL REPORT\n\n[page 59]\nRules\nand reviews\nEXECUTIVE\nREPORT\nSTRATEGIC\nOVERVIEW\nOUR\nORGANISATION\nRULES\nAND\nREVIEWS\nFINANCIAL\nP\n Source: `annual-reports/2020-21.pages.jsonl`\n- l Rules, are on our website\ncontinue operation in the event of a major business\nat www.aemc.gov.au. They can also be inspected at\ninterruption, and that systems recovery plans are\nour offices.\nrobust and able to withstand a major incident.\nA request under the Freedom of Information Act 1991\nThe business continuity plans, including command\n(SA) is not required to inspect these documents.\nteam and functional plans, were updated in 2022,\nwith scenario testing and training held in early 2023 The Commission did not receive any freedom of\nfor the comm\n Source: `annual-reports/2022-23.pages.jsonl`\n- terim value of greenhouse\ngas emissions reduction was issued on 28 February\nThe Commission received two freedom of\n2024 by the Ministerial Council on Energy*. The\ninformation (FOI) requests under section 13 of the\nstatement (which is not a statement of policy\nFreedom of Information Act 1991 (SA) in the\nprinciples) states the interim value of greenhouse\n2023-24 financial year.\ngas emissions reduction that is to be used by\nthe AEMC and others when applying the national\nThe first application was received on 12 March\nenergy objectives.\n2024 from an\n Source: `annual-reports/2023-24.pages.jsonl`\n- y 2024\nfrom an individual and was related to a request for\nagendas, minutes and titles of attachments for a\nseries of meetings of the Australian Energy Market\nCommission. The Commission did not continue to\nprocess the application due to requirements under\nthe Freedom of Information Act 1991 (SA) not\nbeing satisfied.\n82\n\n[page 83]\nGovernance and statutory repor ts AEMC Annual Report 2023-24\nE x t e r n a l c o n s u l t a n t e x p e n d i t u re\nThe AEMC supplements its own resources with consultants. In 2023-24 the total\namount expended was $6.\n Source: `annual-reports/2023-24.pages.jsonl`\n- s of policy principles\nand National Energy Retail Rules, are on our website\nat www.aemc.gov.au. They can also be inspected at\nIn 2024–25 there were no statements of policy\nour offices.\nprinciples made by the Ministerial Council\non Energy*.\nA request under the Freedom of Information\nAct 1991 (SA) is not required to inspect\nA statement about the interim value of greenhouse\nthese documents.\ngas emissions reduction was issued on 19 July 2024\nby the Ministerial Council on Energy*. The statement\nThe Commission did not receive any freedom of\n(which is\n Source: `annual-reports/2024-25.pages.jsonl`\n\n### Public Finance and Audit Act 1987\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 6\n**Register search**: https://www.legislation.gov.au/search?query=Public+Finance+and+Audit+Act+1987\n\n**Sources**:\n- `annual-reports/2020-21.pages.jsonl`\n- `annual-reports/2023-24.pages.jsonl`\n\n**Evidence contexts**:\n- They are recognised as administered income, expenses, cash inflows, cash\noutflows, assets or liabilities under note 11.\n1.1 Basis of preparation\nThe financial statements are general purpose financial statements prepared in compliance with:\n• section 23 of the Public Finance and Audit Act 1987;\n• South Australian Treasurer’s Instructions and Accounting Policy Statements issued by the Treasurer under the provisions\nof the Public Finance and Audit Act 1987; and\n• relevant Australian Accounting Standards (with reduced Disclosure Requirements).\nFor the\n Source: `annual-reports/2020-21.pages.jsonl`\n- ments are general purpose financial statements prepared in compliance with:\n• section 23 of the Public Finance and Audit Act 1987;\n• South Australian Treasurer’s Instructions and Accounting Policy Statements issued by the Treasurer under the provisions\nof the Public Finance and Audit Act 1987; and\n• relevant Australian Accounting Standards (with reduced Disclosure Requirements).\nFor the purposes of preparing the financial statements, the Commission is a not-for-profit entity. The Commission applies Tier 2\nAustralian Accounting Standards reporting\n Source: `annual-reports/2020-21.pages.jsonl`\n- cial report gives a true and fair view of the financial\nposition of the Commission as at 30 June 2024, its financial performance and its cash flows\nfor the year then ended in accordance with relevant Treasurer’s Instructions issued under the\nprovisions of the Public Finance and Audit Act 1987 and Australian Accounting Standards –\nSimplified Disclosures.\nThe financial report comprises:\n• a Statement of Comprehensive Income for the year ended 30 June 2024\n• a Statement of Financial Position as at 30 June 2024\n• a Statement of Changes in Equity for t\n Source: `annual-reports/2023-24.pages.jsonl`\n- ed 30 June 2024\n• notes, comprising material accounting policy information and other explanatory\ninformation\n• a Certificate from the Chairperson, the Chief Executive and the Head of Finance & IT.\nBasis for opinion\nI conducted the audit in accordance with the Public Finance and Audit Act 1987 and\nAustralian Auditing Standards. My responsibilities under those standards are further\ndescribed in the ‘Auditor’s responsibilities for the audit of the financial report’ section of my\nreport. I am independent of the Commission. The Public Finance and Audit\n Source: `annual-reports/2023-24.pages.jsonl`\n- ief Executive and the Commissioners for the financial\nreport\nThe Chief Executive is responsible for the preparation of the financial report that gives a true\nand fair view in accordance with relevant Treasurer’s Instructions issued under the provisions\nof the Public Finance and Audit Act 1987 and Australian Accounting Standards – Simplified\nDisclosures, and for such internal control as management determines is necessary to enable\nthe preparation of the financial report that gives a true and fair view and that is free from\nmaterial misstatement, wh\n Source: `annual-reports/2023-24.pages.jsonl`\n\n### Energy Market Commission Establishment Act 2004\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 3\n**Register search**: https://www.legislation.gov.au/search?query=Energy+Market+Commission+Establishment+Act+2004\n\n**Sources**:\n- `annual-reports/2022-23.pages.jsonl`\n- `annual-reports/2023-24.pages.jsonl`\n- `annual-reports/2024-25.pages.jsonl`\n\n**Evidence contexts**:\n- Energy Advisory Panel (EAP) as a refocusing\ngroups and individuals. of the ESB to coordinate market bodies’ advice\nto governments under the National Energy\nThe AEMC was established in 2004 by the Australian Transformation Partnership. The EAP is comprised of\nEnergy Market Commission Establishment Act 2004 the AEMC’s Chair, Anna Collyer, the heads of AEMO\n(SA). As the rule maker and adviser for Australian and AER, and a Commissioner of the Australian\nenergy markets, it is our role to understand how the Competition and Consumer Commission (ACCC) as\nrapidly chang\n Source: `annual-reports/2022-23.pages.jsonl`\n- he\nto requests from governments, industry, consumer\nAustralian Energy Regulator (AER).\ngroups and individuals.\nIn May 2023, Energy Ministers agreed to establish\nThe AEMC was established in 2004 by the Australian\nthe Energy Advisory Panel (EAP) as a refocusing\nEnergy Market Commission Establishment Act 2004\nof the Energy Security Board to coordinate market\n(SA). As the rule maker and adviser for Australian\nbodies’ advice to governments under the National\nenergy markets, it is our role to understand how the\nEnergy Transformation Partnership. The EAP is\nrapidly ch\n Source: `annual-reports/2023-24.pages.jsonl`\n- o requests from governments, industry, consumer the Australian Energy Regulator (AER).\ngroups and individuals.\nIn May 2023, Energy Ministers agreed to establish\nThe AEMC was established in 2004 by the Australian the Energy Advisory Panel (EAP) as a refocusing\nEnergy Market Commission Establishment Act 2004 of the Energy Security Board to coordinate market\n(SA). As the rule maker and adviser for Australian bodies’ advice to governments under the National\nenergy markets, it is our role to understand how the Energy Transformation Partnership. The EAP is\nrapidly ch\n Source: `annual-reports/2024-25.pages.jsonl`\n\n### National Electricity (South Australia) Act 1996\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 3\n**Register search**: https://www.legislation.gov.au/search?query=National+Electricity+%28South+Australia%29+Act+1996\n\n**Sources**:\n- `strategies/AEMC-Strategic-Priorities-Discussion-Paper.pages.jsonl`\n\n**Evidence contexts**:\n- is\nnot responsible for.\nThe Australian Energy Market Commission (AEMC)\nThe AEMC is an independent, statutory Commission with responsibility\nfor making rules for gas and electricity markets. our rule making powers\nare in Section 34 of the National Electricity (South Australia) Act 1996 and\nSection 74 of the National Gas (South Australia) Act 2008. The AEMC\ncannot initiate rule changes, other than minor tidying up of the rules,\nbut we make decisions on proposals for rule changes that are made to us.\nWe are also responsible for reviewing and\n Source: `strategies/AEMC-Strategic-Priorities-Discussion-Paper.pages.jsonl`\n- e changes that are made to us.\nWe are also responsible for reviewing and providing advice on specific\nenergy market issues for the MCE. The MCE can direct us to undertake\na review with a terms of reference under Sections 41 and 42 of the\nNational Electricity (South Australia) Act 1996, and Sections 79 and 80 of\nthe National Gas (South Australia) Act 2008. We also have a more general\nrole to consider market developments and the power to undertake\nself initiated reviews under Section 45 of the National Electricity (South\nAustralia) Act 1996\n Source: `strategies/AEMC-Strategic-Priorities-Discussion-Paper.pages.jsonl`\n- (South Australia) Act 1996, and Sections 79 and 80 of\nthe National Gas (South Australia) Act 2008. We also have a more general\nrole to consider market developments and the power to undertake\nself initiated reviews under Section 45 of the National Electricity (South\nAustralia) Act 1996 and Section 83 of the National Gas (South Australia)\nAct 2008. Our remit is focused on the promotion of economic efficiency\n11\n\n[page 14]\nin energy markets, which is closely associated with achieving value for\nmoney for consumers over the long term. This is t\n Source: `strategies/AEMC-Strategic-Priorities-Discussion-Paper.pages.jsonl`\n\n### National Gas (South Australia) Act 2008\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 3\n**Register search**: https://www.legislation.gov.au/search?query=National+Gas+%28South+Australia%29+Act+2008\n\n**Sources**:\n- `strategies/AEMC-Strategic-Priorities-Discussion-Paper.pages.jsonl`\n\n**Evidence contexts**:\n- n (AEMC)\nThe AEMC is an independent, statutory Commission with responsibility\nfor making rules for gas and electricity markets. our rule making powers\nare in Section 34 of the National Electricity (South Australia) Act 1996 and\nSection 74 of the National Gas (South Australia) Act 2008. The AEMC\ncannot initiate rule changes, other than minor tidying up of the rules,\nbut we make decisions on proposals for rule changes that are made to us.\nWe are also responsible for reviewing and providing advice on specific\nenergy market issues for the MCE.\n Source: `strategies/AEMC-Strategic-Priorities-Discussion-Paper.pages.jsonl`\n- d providing advice on specific\nenergy market issues for the MCE. The MCE can direct us to undertake\na review with a terms of reference under Sections 41 and 42 of the\nNational Electricity (South Australia) Act 1996, and Sections 79 and 80 of\nthe National Gas (South Australia) Act 2008. We also have a more general\nrole to consider market developments and the power to undertake\nself initiated reviews under Section 45 of the National Electricity (South\nAustralia) Act 1996 and Section 83 of the National Gas (South Australia)\nAct 2008. Our remi\n Source: `strategies/AEMC-Strategic-Priorities-Discussion-Paper.pages.jsonl`\n- onal Gas (South Australia) Act 2008. We also have a more general\nrole to consider market developments and the power to undertake\nself initiated reviews under Section 45 of the National Electricity (South\nAustralia) Act 1996 and Section 83 of the National Gas (South Australia)\nAct 2008. Our remit is focused on the promotion of economic efficiency\n11\n\n[page 14]\nin energy markets, which is closely associated with achieving value for\nmoney for consumers over the long term. This is the test we must apply\nin making rules, and the criterion we mu\n Source: `strategies/AEMC-Strategic-Priorities-Discussion-Paper.pages.jsonl`\n\n### Commission Establishment Act 2004\n\n**Type**: Act\n**Confidence**: medium\n**Mentions**: 2\n**Register search**: https://www.legislation.gov.au/search?query=Commission+Establishment+Act+2004\n\n**Sources**:\n- `annual-reports/2020-21.pages.jsonl`\n\n**Evidence contexts**:\n- rs’ Meeting and appointed\nby the South Australian Governor on the\nfederal governments to make the\nrecommendation of the South Australian Minister\nrules under the national energy\nresponsible under the Australian Energy Market\nlaws, and to advise governments on Commission Establishment Act 2004 (SA).\noverall energy market development.\nLeading energy sector lawyer and innovator Anna\nA two-thirds majority of the Energy\nCollyer began her term as the new Chair of the\nMinisters’ Meeting is now required Australian Energy Market Commission on\nto confirm a\n Source: `annual-reports/2020-21.pages.jsonl`\n- PORTS\nAEMO’s use of powers of direction\nA report of the AEMC under section A direction was issued between 17:00 A direction was issued between 17:00\n27 of the Australian Energy Market hrs on 17 July 2020 and 15:30 hrs on hrs on 20 August 2020 and 15:30 hrs on\nCommission Establishment Act 2004 18 July 2020. The directed participant 21 August 2020. The directed participant\n(SA) must include a report on AEMO’s received compensation for the provision received compensation for the provision\nuse of powers of direction. AEMO of energy pursuant to the dir\n Source: `annual-reports/2020-21.pages.jsonl`\n\n### Market Commission Establishment Act 2004\n\n**Type**: Act\n**Confidence**: medium\n**Mentions**: 2\n**Register search**: https://www.legislation.gov.au/search?query=Market+Commission+Establishment+Act+2004\n\n**Sources**:\n- `annual-reports/2020-21.pages.jsonl`\n\n**Evidence contexts**:\n- ests from governments,\nof policies outside the energy market portfolio\nindustry, consumer groups and individuals. The\n– such as emissions reduction policies – and\nAEMC was established by the Australian Energy\nhighlight any issues in our advice to help promote\nMarket Commission Establishment Act 2004 (SA)\nintegrated and consistent policy outcomes.\nin 2005.\nOur advice to governments informs their\nConsumers’ interests are at the decisions and supports implementation of\nheart of everything we do their energy policies. The AEMC’s key task\nis to design legal f\n Source: `annual-reports/2020-21.pages.jsonl`\n- TATUTORY\nREPORTS\n\n[page 56]\nOUR ORGANISATION\nGovernance\nConflicts of interest Allison Warburton is a director of, and holds\na beneficial interest in, Lacuna Holdings Pty\nUnder Section 22 of the Australian Energy\nLtd, which provides business and administrative\nMarket Commission Establishment Act 2004\nsupport services to legal practitioners and small\n(SA), Commissioners must disclose any direct\nlaw firms. To manage any actual or perceived\nor indirect conflicts of interest in any matter the\nconflict, she will have no involvement in the\nAEMC is considering.\n Source: `annual-reports/2020-21.pages.jsonl`\n\n### Australian Energy Market Establishment Act 2004\n\n**Type**: Act\n**Confidence**: medium\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=Australian+Energy+Market+Establishment+Act+2004\n\n**Sources**:\n- `annual-reports/2020-21.pages.jsonl`\n\n**Evidence contexts**:\n- e South Australian Public Sector Act 2009.\nCommissioners are appointed by the Governor of South Australia on the recommendation of the Minister following nomination\nby the Ministerial Council on Energy or the Commonwealth as appropriate in accordance with the Australian Energy Market\nEstablishment Act 2004.\nEmployee benefits expenses include all costs related to employment including wages and salaries, non-monetary benefits and\nleave entitlements. These are recognised when incurred.\nEmployment on-costs superannuation\nThe superannuation employment on-cost repres\n Source: `annual-reports/2020-21.pages.jsonl`\n\n### Australian Securities and Investments Commission Act 2001\n\n**Type**: Act\n**Confidence**: medium\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=Australian+Securities+and+Investments+Commission+Act+2001\n\n**Sources**:\n- `strategies/Strategic-Priorities-for-Energy-Market-Development.pages.jsonl`\n\n**Evidence contexts**:\n- s and services. ASIC also has a role in protecting further increase over time. Given this, governments\nconsumers in relation to financial products and services. The generic and market bodies have a role in making sure that\nconsumer regulation contained in the Australian Securities and\nInvestments Commission Act 2001 reflects the relevant provisions of consumers have an appropriate level of relevant\nthe Australian Consumer Law. information available to them. A key question is who\n44 See: https://scer.govspace.gov.au/files/2015/07/Council-\nis best placed to communicate suc\n Source: `strategies/Strategic-Priorities-for-Energy-Market-Development.pages.jsonl`\n\n### Commission and Audit and Act 1991\n\n**Type**: Act\n**Confidence**: medium\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=Commission+and+Audit+and+Act+1991\n\n**Sources**:\n- `annual-reports/2024-25.pages.jsonl`\n\n**Evidence contexts**:\n- ere updated in 2024\nwith Cyber Security focused scenario testing and\nFreedom of information\ntraining held in early 2025 for the technology and\ncommand teams. The scenario and revised plans\nThe AEMC is subject to the Freedom of Information\nwere overseen by the Commission and Audit and\nAct 1991 (SA). All documents we publish regarding\nRisk Management Committee.\nour rule–making, reviews, advice, and all versions\nof the National Electricity Rules, National Gas Rules\nMCE statements of policy principles\nand National Energy Retail Rules, are on our websi\n Source: `annual-reports/2024-25.pages.jsonl`\n\n### Commission and Audit and Risk Freedom of Information Act 1991\n\n**Type**: Act\n**Confidence**: medium\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=Commission+and+Audit+and+Risk+Freedom+of+Information+Act+1991\n\n**Sources**:\n- `annual-reports/2022-23.pages.jsonl`\n\n**Evidence contexts**:\n- eam and functional plans, were updated in 2022,\nwith scenario testing and training held in early 2023 The Commission did not receive any freedom of\nfor the command team. The revised plans were information (FOI) requests under section 13 of the\noverseen by the Commission and Audit and Risk Freedom of Information Act 1991 (SA) in the 2022-23\nManagement Committee. financial year.\n* The Ministerial Council on Energy (MCE) is referenced in the AEMC's governing legislation and is a legally enduring body comprising the federal, state and territory\nministers responsible for energy.\n Source: `annual-reports/2022-23.pages.jsonl`\n\n### Commission. The Public Finance and Audit Act 1987\n\n**Type**: Act\n**Confidence**: medium\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=Commission.+The+Public+Finance+and+Audit+Act+1987\n\n**Sources**:\n- `annual-reports/2023-24.pages.jsonl`\n\n**Evidence contexts**:\n- th the Public Finance and Audit Act 1987 and\nAustralian Auditing Standards. My responsibilities under those standards are further\ndescribed in the ‘Auditor’s responsibilities for the audit of the financial report’ section of my\nreport. I am independent of the Commission. The Public Finance and Audit Act 1987\nestablishes the independence of the Auditor-General. In conducting the audit, the relevant\nethical requirements of APES 110 Code of Ethics for Professional Accountants (including\nIndependence Standards) have been met.\n47\n\n[page 48]\nFinancial statements AEMC A\n Source: `annual-reports/2023-24.pages.jsonl`\n\n### South Australian Public Sector Act 2009\n\n**Type**: Act\n**Confidence**: medium\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=South+Australian+Public+Sector+Act+2009\n\n**Sources**:\n- `annual-reports/2020-21.pages.jsonl`\n\n**Evidence contexts**:\n- ve 1,308 1,080\nEmployment on-costs – superannuation 1,569 1,540\nPayroll and Fringe Benefits Tax 922 1,119\nRelocation expenses 33 9\nTotal employee benefit expenses 20,879 19,437\nEmployees are appointed under common law contracts and are not employees under the South Australian Public Sector Act 2009.\nCommissioners are appointed by the Governor of South Australia on the recommendation of the Minister following nomination\nby the Ministerial Council on Energy or the Commonwealth as appropriate in accordance with the Australian Energy Market\nEstablishment Ac\n Source: `annual-reports/2020-21.pages.jsonl`\n\n### AEMC Establishment Regulations 2005\n\n**Type**: Regulation\n**Confidence**: low\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=AEMC+Establishment+Regulations+2005\n\n**Sources**:\n- `annual-reports/2020-21.pages.jsonl`\n\n**Evidence contexts**:\n- ur people 48\nGovernance 50\n57 87 117\nRULES AND REVIEWS FINANCIAL STATUTORY REPORTS\nPERFORMANCE\nIndex providing summaries of all Under Section 27 of the Australian\nwork undertaken this year Provides audited financial Energy Market Commission\nstatements for the AEMC Establishment Regulations 2005\nwe must include specific reports\nwhich are provided here, together\nwith a compliance index\nCompliance 142\n1\nEXECUTIVE\nREPORT\nSTRATEGIC\nOVERVIEW\nOUR\nORGANISATION\nRULES\nAND\nREVIEWS\nFINANCIAL\nPERFORMANCE\nSTATUTORY\nREPORTS\n\n[page 4]\nAustralia and the world experi\n Source: `annual-reports/2020-21.pages.jsonl`\n\n### AEMC. Establishment Act 2004\n\n**Type**: Act\n**Confidence**: low\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=AEMC.+Establishment+Act+2004\n\n**Sources**:\n- `annual-reports/2020-21.pages.jsonl`\n\n**Evidence contexts**:\n- r website\nreview and a number of other accountability\nand we are always willing to assist stakeholders\nmechanisms, including reporting obligations\nseeking further information about opportunities to\nunder the Australian Energy Market Commission\nengage with the AEMC.\nEstablishment Act 2004 (SA) and the energy\nBetween July 2020 and June 2021 we completed ministers’ Statement of Expectations, apply to the\n31 rule changes. A further 19 were underway at AEMC’s performance of its functions.\n30 June 2021.\nThis year:\n• stakeholders submitted 19 new ru\n Source: `annual-reports/2020-21.pages.jsonl`\n\n### Emissions Reduction Objectives) Act 2023\n\n**Type**: Act\n**Confidence**: low\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=Emissions+Reduction+Objectives%29+Act+2023\n\n**Sources**:\n- `other-pdfs/AEMC-20submission-20to-20the-20CCA-202025-20Issues-20Paper.pages.jsonl`\n\n**Evidence contexts**:\n- e National Electricity Law (NEL); section 23(b) of the National Gas Law (NGL);\nsection 13(b) of the National Energy Retail Law (NERL). The emissions provisions in the national energy objectives were introduced\nby the Statutes Amendment (National Energy Laws) (Emissions Reduction Objectives) Act 2023 (SA).\n3 AEMC, Harmonising the national energy rules with the updated national energy objectives, 2024\n4 AEMC, Targets statement for greenhouse gas emissions, 2025\n5 AEMC emissions and renewables progress tracker, 2025.\n\n[page 2]\nArea 1: Supporting and enablin\n Source: `other-pdfs/AEMC-20submission-20to-20the-20CCA-202025-20Issues-20Paper.pages.jsonl`\n\n### Fair Work Act 2009\n\n**Type**: Act\n**Confidence**: low\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=Fair+Work+Act+2009\n\n**Sources**:\n- `annual-reports/2020-21.pages.jsonl`\n\n**Evidence contexts**:\n- rmation\nAustralia’s state, territory and federal governments\ndisclosure, financial reporting and employment-\nto make the rules under the national energy laws,\nrelated matters. For example, the AEMC\nand to advise governments on overall energy\ncomplies with the Fair Work Act 2009 (Cth), New\nmarket development. A two-thirds majority of\nSouth Wales work health and safety laws and\nthe Energy Ministers’ Meeting is required to\nSouth Australian laws such as the Freedom of\nconfirm a new Commissioner appointment.\nInformation Act 1991 (SA), th\n Source: `annual-reports/2020-21.pages.jsonl`\n\n### Freedom of Directors, and the Queensland Law Society. Information Act 1991\n\n**Type**: Act\n**Confidence**: low\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=Freedom+of+Directors%2C+and+the+Queensland+Law+Society.+Information+Act+1991\n\n**Sources**:\n- `annual-reports/2020-21.pages.jsonl`\n\n**Evidence contexts**:\n- ach to managing the risk of coronavirus in\nstorage. the workplace.\nAllison has a Bachelor of Arts and a Bachelor of\nLaws from the University of Queensland and is Freedom of information\na Member of the Australian Institute of Company\nThe AEMC is subject to the Freedom of\nDirectors, and the Queensland Law Society.\nInformation Act 1991 (SA). All documents we\nJane Byrne stepped down as independent Chair publish regarding our rule making, reviews, advice\nof the ARMC on 30 June 2021. We thank Jane for and all versions of the National Electricity Rules,\nher service to the AEMC. National Gas Rul\n Source: `annual-reports/2020-21.pages.jsonl`\n\n### NA National Gas Amendment (East Coast Gas System) Rules 2023\n\n**Type**: Rules\n**Confidence**: low\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=NA+National+Gas+Amendment+%28East+Coast+Gas+System%29+Rules+2023\n\n**Sources**:\n- `annual-reports/2022-23.pages.jsonl`\n\n**Evidence contexts**:\n- 22 No. 3\n67 15 Feb 23 2 National Gas Amendment (Market Transparency) Rule 2022\n68 16 Mar 23 NA National Gas Rules (Gas Pipelines) Amendment Rules 2023\n69 14 Apr 23 3 National Gas Amendment (Market Transparency) Rule 2022\n70 4 May 23 NA National Gas Amendment (East Coast Gas System) Rules 2023\nNational Energy Retail Rules\nVersion Date Schedule Rule\n33 4 Aug 22 1 National Energy Retail Amendment (Bill contents and billing requirements) Rule 2021\n34 21 Sep 22 4 National Energy Retail Amendment (Protecting customers affected by family violence) Rule 2\n Source: `annual-reports/2022-23.pages.jsonl`\n\n### NA National Gas Rules (Gas Pipelines) Amendment Rules 2023\n\n**Type**: Rules\n**Confidence**: low\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=NA+National+Gas+Rules+%28Gas+Pipelines%29+Amendment+Rules+2023\n\n**Sources**:\n- `annual-reports/2022-23.pages.jsonl`\n\n**Evidence contexts**:\n- 2 National Gas Amendment (DWGM simpler wholesale price) Rule 2020 No. 2\n4 National Gas Amendment (DWGM distribution connected facilities) Rule 2022 No. 3\n67 15 Feb 23 2 National Gas Amendment (Market Transparency) Rule 2022\n68 16 Mar 23 NA National Gas Rules (Gas Pipelines) Amendment Rules 2023\n69 14 Apr 23 3 National Gas Amendment (Market Transparency) Rule 2022\n70 4 May 23 NA National Gas Amendment (East Coast Gas System) Rules 2023\nNational Energy Retail Rules\nVersion Date Schedule Rule\n33 4 Aug 22 1 National Energy Retail Amendment (Bill content\n Source: `annual-reports/2022-23.pages.jsonl`\n\n### National Electricity Rules 2026\n\n**Type**: Rules\n**Confidence**: low\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=National+Electricity+Rules+2026\n\n**Sources**:\n- `pages/media-releases-index.html`\n\n**Evidence contexts**:\n- 0\nAEMC considers current electricity planning rules are sufficient to address rule change request\n2026-04-15\nERC0406\nAEMC finalises rules for customers leaving the gas network\n2026-04-02\nGRC0086\nNew Version 89 of the National\n2026-04-01\nNew Version 244 of the National Electricity Rules\n2026-04-01\nAEMC proposes gas network regulatory reforms\n2026-03-18\nGRC0082\nAEMC proposes new grid standards for data centre connections\n2026-03-12\nERC0394\nAEMC proposes improvements to life support customer processes\n2026-03-05\nRRC0064\nShowing 1 - 10 of 2307 entri\n Source: `pages/media-releases-index.html`\n\n### Review of Electricity Transmission Revenue and Pricing Rules 2006\n\n**Type**: Rules\n**Confidence**: low\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=Review+of+Electricity+Transmission+Revenue+and+Pricing+Rules+2006\n\n**Sources**:\n- `pages/reviews-index.html`\n\n**Evidence contexts**:\n- tandards Review\n2008-02-14\nReview completed\n2009-04-30\nREL0019\nCompleted\nReliability Panel\nfalse\nfalse\nfalse\nReview of Energy Market Frameworks in light of Climate Change Policies\n2008-08-25\nReview completed\n2009-10-08\nEMO0001\nCompleted\nAEMC\nfalse\nfalse\nfalse\nReview of Electricity Transmission Revenue and Pricing Rules\n2006-02-16\nReview completed\n2006-11-16\nERC0001\nCompleted\nAEMC\nfalse\nfalse\nfalse\nReview of national framework for electricity distribution network planning and expansion\n2008-12-17\nReview completed\n2009-09-23\nEPR0015\nCompleted\nAEMC\nfalse\nfalse\nfalse\nReview Into the\n Source: `pages/reviews-index.html`\n\n### Review of the Frequency Operating Standard 2017\n\n**Type**: Standard\n**Confidence**: low\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=Review+of+the+Frequency+Operating+Standard+2017\n\n**Sources**:\n- `pages/reviews-index.html`\n\n**Evidence contexts**:\n- ket performance review 2016\n2016-07-06\nReview completed\n2017-05-16\nREL0060\nCompleted\nReliability Panel\nfalse\nfalse\nfalse\nReliability standard and settings review 2018\n2017-03-30\nReview completed\n2018-04-30\nREL0064\nCompleted\nReliability Panel\nfalse\nfalse\nfalse\nReview of the Frequency Operating Standard\n2017-03-30\nReview completed\n2019-04-18\n2019-01-17\nREL0065\nCompleted\nReliability Panel\nfalse\nfalse\nfalse\nReview into the scope of economic regulation applied to covered pipelines\n2017-05-16\nReview completed\n2018-07-02\n2018-03-27\nGPR0004\nCompleted\nAEMC\nfalse\nfalse\nf\n Source: `pages/reviews-index.html`\n\n### Review of the System Restart Standard 2015\n\n**Type**: Standard\n**Confidence**: low\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=Review+of+the+System+Restart+Standard+2015\n\n**Sources**:\n- `pages/reviews-index.html`\n\n**Evidence contexts**:\n- ted\nAEMC\nfalse\nfalse\nfalse\nBarriers to Generators Exiting the Market\n2015-04-13\nReview completed\n2015-06-16\nEPR0045\nCompleted\nAEMC\nfalse\nfalse\nfalse\n2016 Retail Competition Review\n2015-10-22\nReview completed\n2016-06-30\nRPR0004\nCompleted\nAEMC\nfalse\nfalse\nfalse\nReview of the System Restart Standard\n2015-11-19\nReview completed\n2016-12-15\n2016-10-27\nREL0057\nCompleted\nReliability Panel\nfalse\nfalse\nfalse\nLast resort planning power - 2015 review\n2015-12-03\nReview completed\n2015-12-03\nEPR0046\nCompleted\nAEMC\nfalse\nfalse\nfalse\n2015 Residential Electricity Price Tren\n Source: `pages/reviews-index.html`\n\n### System Restart Standard 2011\n\n**Type**: Standard\n**Confidence**: low\n**Mentions**: 1\n**Register search**: https://www.legislation.gov.au/search?query=System+Restart+Standard+2011\n\n**Sources**:\n- `pages/reviews-index.html`\n\n**Evidence contexts**:\n- the electricity retail market in the ACT\n2010-03-04\nReview completed\n2011-03-03\nEPR0017\nCompleted\nAEMC\nfalse\nfalse\nfalse\nManagement of Negative Inter-regional Settlements Residues\n2013-04-18\nReview completed\n2014-02-20\nEPR0032\nCompleted\nAEMC\nfalse\nfalse\nfalse\nSystem Restart Standard\n2011-11-04\nReview completed\n2012-04-12\nREL0045\nCompleted\nReliability Panel\nfalse\nfalse\nfalse\nReliability and Emergency Reserve Trader (RERT) Guidelines\n2008-08-15\nReview completed\n2008-11-24\nREL0026\nCompleted\nReliability Panel\nfalse\nfalse\nfalse\nLast Resort Plannin\n Source: `pages/reviews-index.html`\n\n## Files Scanned\n\n- `pages/about.html` (page)\n- `pages/announcements-index.html` (page)\n- `pages/annual-reports-index.html` (page)\n- `pages/annual-reports-index__00.html` (page)\n- `pages/annual-reports-index__01.html` (page)\n- `pages/annual-reports-index__02.html` (page)\n- `pages/annual-reports-index__03.html` (page)\n- `pages/annual-reports-index__04.html` (page)\n- `pages/annual-reports-index__05.html` (page)\n- `pages/annual-reports-index__06.html` (page)\n- `pages/annual-reports-index__07.html` (page)\n- `pages/annual-reports-index__08.html` (page)\n- `pages/annual-reports-index__09.html` (page)\n- `pages/annual-reports-index__10.html` (page)\n- `pages/annual-reports-index__11.html` (page)\n- `pages/annual-reports-index__12.html` (page)\n- `pages/annual-reports-index__13.html` (page)\n- `pages/annual-reports-index__14.html` (page)\n- `pages/annual-reports-index__15.html` (page)\n- `pages/annual-reports-index__16.html` (page)\n- `pages/annual-reports-index__17.html` (page)\n- `pages/annual-reports-index__18.html` (page)\n- `pages/annual-reports-index__19.html` (page)\n- `pages/annual-reports-index__20.html` (page)\n- `pages/contact.html` (page)\n- `pages/homepage.html` (page)\n- `pages/inquiries-index.html` (page)\n- `pages/inquiries-index__24.html` (page)\n- `pages/inquiries-index__25.html` (page)\n- `pages/inquiries-index__26.html` (page)\n- `pages/inquiries-index__27.html` (page)\n- `pages/inquiries-index__28.html` (page)\n- `pages/inquiries-index__29.html` (page)\n- `pages/leadership.html` (page)\n- `pages/media-releases-index.html` (page)\n- `pages/news-latest.html` (page)\n- `pages/priorities-index.html` (page)\n- `pages/publications-index.html` (page)\n- `pages/reforms-index.html` (page)\n- `pages/reviews-index.html` (page)\n- `pages/strategies-index.html` (page)\n- `pages/strategies-index__21.html` (page)\n- `pages/strategies-index__22.html` (page)\n- `pages/strategies-index__23.html` (page)\n- `annual-reports/2020-21.pages.jsonl` (pdf_pages)\n- `annual-reports/2021-22.pages.jsonl` (pdf_pages)\n- `annual-reports/2022-23.pages.jsonl` (pdf_pages)\n- `annual-reports/2023-24.pages.jsonl` (pdf_pages)\n- `annual-reports/2024-25.pages.jsonl` (pdf_pages)\n- `other-pdfs/2025.09.17-20--20AEMC-20submission-20to-20the-20NEM-20review-20draft-20report_fi.pages.jsonl` (pdf_pages)\n- `other-pdfs/20250725-20AEMC-20--20Submission-20in-20response-20to-20the-20NSW-20Transmission.pages.jsonl` (pdf_pages)\n- `other-pdfs/4145_AEMC-Price-Trends-2021_National-20A_v4.pages.jsonl` (pdf_pages)\n- `other-pdfs/AEMC-20submission-20to-20the-20CCA-202025-20Issues-20Paper.pages.jsonl` (pdf_pages)\n- `other-pdfs/EPR0087-20--20final-20--20infographic.pages.jsonl` (pdf_pages)\n- `reviews/AEMC-20Submission-20Fair-20Dinkum-20Power-20Inquiry.pages.jsonl` (pdf_pages)\n- `reviews/AEMC-20submission-20on-20electric-20vehicle-20infrastructure-20-20for-20-20NSW-2.pages.jsonl` (pdf_pages)\n- `reviews/AEMC-20submission-20on-20the-20Inquiry-20into-20Future-20Directions-20for-20the-.pages.jsonl` (pdf_pages)\n- `reviews/AEMC-20submission-20to-20inquiry-20into-20sustainability-20of-20energy-20supply-.pages.jsonl` (pdf_pages)\n- `reviews/AEMC-20Submission-20to-20the-20Inquiry-20into-20Microgrids-20and-20Associated-20.pages.jsonl` (pdf_pages)\n- `reviews/AEMC-submission-to-the-Environment-and-Energy-Committee-s-Inquiry-into-modernisi.pages.jsonl` (pdf_pages)\n- `reviews/Final_Signed_Submission_Federal-Inquiry-into-closure-of-coal-power-stations_17-N.pages.jsonl` (pdf_pages)\n- `reviews/Redacted-20FINAL-20--20AEMC-20submission-20--20Inquiry-20into-20the-20prerequisi.pages.jsonl` (pdf_pages)\n- `strategies/AEMC-20submission-20to-20PC-20interim-20report-20--2015-20Sept-202025.pages.jsonl` (pdf_pages)\n- `strategies/AEMC-Strategic-Priorities-Discussion-Paper-2013.pages.jsonl` (pdf_pages)\n- `strategies/AEMC-Strategic-Priorities-Discussion-Paper.pages.jsonl` (pdf_pages)\n- `strategies/AEMC-Strategic-Priorities-Handout-Summary-2013.pages.jsonl` (pdf_pages)\n- `strategies/AEMC_narrative_150824_v6-20-28002-29-20as-20of-2010-20October-202024.pages.jsonl` (pdf_pages)\n- `strategies/AEMC_Reflect-20Reconciliation-20Action-20Plan.pages.jsonl` (pdf_pages)\n- `strategies/australian-energy-market-commission-aemc-sub-30.pages.jsonl` (pdf_pages)\n- `strategies/emo0040_-aemc_metering_services_infographic.pages.jsonl` (pdf_pages)\n- `strategies/EPR0087--20Final-20report-20--20stage-202-20--20infographic.pages.jsonl` (pdf_pages)\n- `strategies/Market-20bodies-20prioritisation-20package-20-232-2007.05.pages.jsonl` (pdf_pages)\n- `strategies/Strategic-Priorities-for-Energy-Market-Development-2013.pages.jsonl` (pdf_pages)\n- `strategies/Strategic-Priorities-for-Energy-Market-Development.pages.jsonl` (pdf_pages)", "global_initiatives_md": null, "strategy": { "reporting_period": "2024-25", "corporate_plan_period": "2025-26", "vision": "a consumer-focused net zero energy system, outlining our aim to help the people of Australia benefit from a lowest-cost, low-emissions, reliable, secure and safe power system. [AR p.9]", "vision_source_page": null, "purposes": "The AEMC was established in 2004 by the Australian Energy Market Commission Establishment Act 2004 (SA). As the rule maker and adviser for Australian energy markets, it is our role to understand how the rapidly changing context in which we operate affects the interests of consumers in the long–term, to support our energy future. [AR p.7]", "purposes_source_page": 7, "how_we_deliver": "The AEMC undertakes reviews, makes and amends national energy rules and advises the Energy and Climate Change Ministerial Council (ECMC) on improvements to the design of energy market arrangements that benefit consumers in accordance with the national energy objectives. [AR p.7]", "how_we_deliver_source_page": 7, "government_priorities": [ { "text": "Consumers", "source_page": 9 }, { "text": "Consumer Energy Resources (CER)", "source_page": 9 }, { "text": "Long-term market design", "source_page": 9 }, { "text": "Transmission", "source_page": 9 } ], "outcomes": [ { "name": "Outcome 1: Consumer behaviours and preferences", "description": "The intent was to progress work relating to consumer behaviours and preferences to empower choice in a way that supports the energy system and benefits consumers individually and as a collective market environment.", "key_activities": [ "Understanding consumer behaviour and preferences", "Integrating price responsive resources into the NEM", "Unlocking CER benefits through flexible trading" ], "source_page": 10 }, { "name": "Outcome 2: Efficient provision of system services", "description": "The intent was to progress work relating to the cost–effective and efficient delivery of major transmission and network infrastructure.", "key_activities": [ "Preparing for the future of gas", "Technical access standards rule changes", "Cyber security roles and responsibilities" ], "source_page": 24 } ], "values": [ "equitable energy outcomes", "energy system security and reliability", "cross–portfolio coordination", "social trust", "delivery of capital, labour and other resources", "meeting community and environmental needs", "accessible data", "transition planning for the role of gas" ], "values_framework_name": null, "kpi_targets_2025_26": [ { "code": "CCE01", "measure": "Stability or improvement", "target": "Stability or improvement", "source_page": 23 } ], "kpi_results_2024_25": [ { "code": "CCE01", "measure": "Stability or improvement", "result": "Stability or improvement", "status": "Achieved", "source_page": 23 } ], "_source_urls": { "annual_report_url": "https://www.aemc.gov.au/sites/default/files/2025-11/2024-25%20AEMC%20Annual%20Report%20final_0.pdf", "corporate_plan_url": "" } }, "ideas": [ { "entity_id": "B-000685", "entity_name": "Australian Energy Market Commission", "folder_name": "Australian-Energy-Market-Commission", "category": "Regulation & Policy", "scale": "small", "title": "Regulatory burden scan for forms, guidance, and reporting", "idea": "Identify the top 10 highest-friction reporting obligations and simplify guidance, forms, or evidence requirements.", "quote": "[Page 79]\nGovernance and statutory reports AEMC Annual Report 2022-23\nExternal Consultants Description of Consultancy\nKing & Wood Mallesons Provision of legal services on rule changes and reviews\nKPMG Middle Market Advisory Provision of specialist advice\nList G Pty Ltd Provision of legal advice on energy framework\nMercer Internal governance and human resources\nMonash University Provision of specialist policy advice\nMott MacDonald Australia Pty Ltd Provision of specialist policy advice\nNERA Economic Consulting Expert economic advice\nNewgate Research Consumer research and strategy\nOakley Greenwood Pty Ltd Review of standards and regulatory framework\nOpsCentre Pty Ltd Business continuity planning\nPacific Consulting by Design Pty Ltd Provision of IT advice\nPricewaterhouseCoopers (NSW) Expert assurance and audit advice\nSeaton Legal Provision of legal services on rule changes and reviews", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Regulated entities / policy teams", "source": "annual-reports/2022-23.pdf (https://www.aemc.gov.au/sites/default/files/2023-12/AEMC_annual_report_2022-23_web_v2.pdf)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Regulatory capture", "Over-automation of judgement" ] }, { "entity_id": "B-000685", "entity_name": "Australian Energy Market Commission", "folder_name": "Australian-Energy-Market-Commission", "category": "Regulation & Policy", "scale": "large", "title": "Adaptive regulation program with live feedback loops", "idea": "Create an adaptive regulation model using sandboxes, industry data, risk scoring, and regular rule updates.", "quote": "[Page 79]\nGovernance and statutory reports AEMC Annual Report 2022-23\nExternal Consultants Description of Consultancy\nKing & Wood Mallesons Provision of legal services on rule changes and reviews\nKPMG Middle Market Advisory Provision of specialist advice\nList G Pty Ltd Provision of legal advice on energy framework\nMercer Internal governance and human resources\nMonash University Provision of specialist policy advice\nMott MacDonald Australia Pty Ltd Provision of specialist policy advice\nNERA Economic Consulting Expert economic advice\nNewgate Research Consumer research and strategy\nOakley Greenwood Pty Ltd Review of standards and regulatory framework\nOpsCentre Pty Ltd Business continuity planning\nPacific Consulting by Design Pty Ltd Provision of IT advice\nPricewaterhouseCoopers (NSW) Expert assurance and audit advice\nSeaton Legal Provision of legal services on rule changes and reviews", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Regulated entities / policy teams", "source": "annual-reports/2022-23.pdf (https://www.aemc.gov.au/sites/default/files/2023-12/AEMC_annual_report_2022-23_web_v2.pdf)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Regulatory capture", "Over-automation of judgement" ] }, { "entity_id": "B-000685", "entity_name": "Australian Energy Market Commission", "folder_name": "Australian-Energy-Market-Commission", "category": "Citizen Participation", "scale": "small", "title": "Consultation feedback summaries with response tracking", "idea": "Summarise consultation submissions by theme and publish what changed in response.", "quote": "[Page 7]\nTable 1 – Timeframes of relevant projects\n2013 2014\nConsumer priority Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4\nNational framework for Consultation\ndistribution reliability Paper & Final\nreview Report\nNational framework for\nConsultation\ntransmission reliability Final Report\nPaper\nreview\nLinking the NEM Consultation\nReliability Parameters Paper & Final\nwith VCR Report\nAnnual Network Pricing Consultation Draft Final\nArrangements Paper Determination Determination\nDistribution pricing Draft Final\nConsultation\nprinciples rule change Determination Determination\nPaper\nrequest likely likely\nPending\nWholesale market demand rule\nside response mechanism change\nrequest\n2013 Retail Pricing Trends\nFinal Report\nReport\nBest Practice Regulated Draft Report\nRetail price Setting & Final Report\nConnecting Embedded Draft Final\nGenerators Determination Determination\nFinal Report &\nRetail Competition Review", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Citizens / stakeholders / policy teams", "source": "strategies/Strategic-Priorities-for-Energy-Market-Development-2013.pdf (http://www.aemc.gov.au/sites/default/files/content/Strategic-Priorities-for-Energy-Market-Development-2013.PDF)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Digital exclusion", "Low public trust if feedback is not acted on" ] }, { "entity_id": "B-000685", "entity_name": "Australian Energy Market Commission", "folder_name": "Australian-Energy-Market-Commission", "category": "Citizen Participation", "scale": "large", "title": "Always-on policy participation platform", "idea": "Create a standing participation platform where citizens and stakeholders can propose, vote, and track ideas.", "quote": "[Page 7]\nTable 1 – Timeframes of relevant projects\n2013 2014\nConsumer priority Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4\nNational framework for Consultation\ndistribution reliability Paper & Final\nreview Report\nNational framework for\nConsultation\ntransmission reliability Final Report\nPaper\nreview\nLinking the NEM Consultation\nReliability Parameters Paper & Final\nwith VCR Report\nAnnual Network Pricing Consultation Draft Final\nArrangements Paper Determination Determination\nDistribution pricing Draft Final\nConsultation\nprinciples rule change Determination Determination\nPaper\nrequest likely likely\nPending\nWholesale market demand rule\nside response mechanism change\nrequest\n2013 Retail Pricing Trends\nFinal Report\nReport\nBest Practice Regulated Draft Report\nRetail price Setting & Final Report\nConnecting Embedded Draft Final\nGenerators Determination Determination\nFinal Report &\nRetail Competition Review", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Citizens / stakeholders / policy teams", "source": "strategies/Strategic-Priorities-for-Energy-Market-Development-2013.pdf (http://www.aemc.gov.au/sites/default/files/content/Strategic-Priorities-for-Energy-Market-Development-2013.PDF)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Digital exclusion", "Low public trust if feedback is not acted on" ] }, { "entity_id": "B-000685", "entity_name": "Australian Energy Market Commission", "folder_name": "Australian-Energy-Market-Commission", "category": "Data & Performance", "scale": "small", "title": "KPI evidence register with named owners", "idea": "Create a simple register mapping each KPI to source data, owner, frequency, target, and last result.", "quote": "Figure 2.9 – Large-scale Renewable Energy Target\n)hWG(\nTEGRAT\nYGRENE\nELBAWENER\n45,000\n40,000\n35,000\n30,000\n25,000\n20,000\n15,000\n10,000\n5,000\n0\nTARGET YEAR\nData source: Climate Change Authority, Renewable Energy Target Review, Issues Paper, August 2012, p21\n1002 2002 3002 4002 5002 6002 7002 8002 9002 0102 1102 2102 3102 4102 5102 6102 7102 8102 9102 0202 1202 2202 3202 4202 5202 6202 7202 8202 9202 0302\nWhile many renewable projects are currently at various stages of\ndevelopment, it will be a significant challenge to finance and build\nthe required number by 2020.33\n32 The 45,000GWh is comprised of a 41,000 GWh target for the LRET and an uncapped\naspiration of 4,000 GWh for the SRES.", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Executives / Parliament / public", "source": "strategies/AEMC-Strategic-Priorities-Discussion-Paper-2013.pdf (http://www.aemc.gov.au/sites/default/files/content/AEMC-Strategic-Priorities-Discussion-Paper-2013.PDF)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability" ] }, { "entity_id": "B-000685", "entity_name": "Australian Energy Market Commission", "folder_name": "Australian-Energy-Market-Commission", "category": "Data & Performance", "scale": "large", "title": "Outcome dashboard linking budget, delivery, and public impact", "idea": "Build a public-facing outcome dashboard showing spend, outputs, outcomes, and delivery confidence.", "quote": "Figure 2.9 – Large-scale Renewable Energy Target\n)hWG(\nTEGRAT\nYGRENE\nELBAWENER\n45,000\n40,000\n35,000\n30,000\n25,000\n20,000\n15,000\n10,000\n5,000\n0\nTARGET YEAR\nData source: Climate Change Authority, Renewable Energy Target Review, Issues Paper, August 2012, p21\n1002 2002 3002 4002 5002 6002 7002 8002 9002 0102 1102 2102 3102 4102 5102 6102 7102 8102 9102 0202 1202 2202 3202 4202 5202 6202 7202 8202 9202 0302\nWhile many renewable projects are currently at various stages of\ndevelopment, it will be a significant challenge to finance and build\nthe required number by 2020.33\n32 The 45,000GWh is comprised of a 41,000 GWh target for the LRET and an uncapped\naspiration of 4,000 GWh for the SRES.", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Executives / Parliament / public", "source": "strategies/AEMC-Strategic-Priorities-Discussion-Paper-2013.pdf (http://www.aemc.gov.au/sites/default/files/content/AEMC-Strategic-Priorities-Discussion-Paper-2013.PDF)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability" ] }, { "entity_id": "B-000685", "entity_name": "Australian Energy Market Commission", "folder_name": "Australian-Energy-Market-Commission", "category": "Risk & Assurance", "scale": "small", "title": "Recommendation tracker for audits, reviews, and inquiries", "idea": "Publish a single internal tracker for audit/review recommendations, owners, due dates, and implementation evidence.", "quote": "[Page 11]\nissues and developments, and recommendations on Fundamentally market and regulatory arrangements\npriority matters\".9 are mechanisms for allocating responsibilities and\nrisks between the parties involved.", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Executives / assurance teams", "source": "strategies/Strategic-Priorities-for-Energy-Market-Development.pdf (http://www.aemc.gov.au/sites/default/files/content/Strategic-Priorities-for-Energy-Market-Development.pdf)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Regulatory capture", "Over-automation of judgement" ] }, { "entity_id": "B-000685", "entity_name": "Australian Energy Market Commission", "folder_name": "Australian-Energy-Market-Commission", "category": "Risk & Assurance", "scale": "large", "title": "Integrated assurance and lessons-learned system", "idea": "Create an assurance system that connects audit findings, risk registers, delivery reviews, and investment decisions.", "quote": "[Page 11]\nissues and developments, and recommendations on Fundamentally market and regulatory arrangements\npriority matters\".9 are mechanisms for allocating responsibilities and\nrisks between the parties involved.", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Executives / assurance teams", "source": "strategies/Strategic-Priorities-for-Energy-Market-Development.pdf (http://www.aemc.gov.au/sites/default/files/content/Strategic-Priorities-for-Energy-Market-Development.pdf)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, 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expenses 5,753 4,236\nNet result 945 (3,076)\nAdministered current assets\nCash 2,480 1,380\nPlant and equipment 1 2\nTotal administered assets 2,481 1,382\nAdministered current liabilities\nAccrued expenses – due to the AEMC 201 47\nTotal administered liabilities 201 47\nNet administered assets 2,280 1,335\nAdministered equity\nRetained earnings 2,280 1,335\nTotal administered equity 2,280 1,335\nChanges in equity\nBalance at the beginning of the period 1,335 4,411\nNet result 945 (3,076)\nBalance at the end of the period 2,280 1,335\nEXECUTIVE\nREPORT\nSTRATEGIC\nOVERVIEW\nOUR\nORGANISATION\nRULES\nAND\nREVIEWS\nFINANCIAL\nPERFORMANCE\nSTATUTORY", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "APS staff / executives", "source": "annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Sensitive information leakage", "Inconsistent quality of generated drafts" ] }, { "entity_id": "B-000685", "entity_name": "Australian Energy Market Commission", "folder_name": "Australian-Energy-Market-Commission", "category": "Staff Productivity", "scale": "large", "title": "Department-wide knowledge and briefing platform", "idea": "Build a secure knowledge platform that lets staff search, summarise, and cite approved departmental material.", "quote": "2021 2020\n$’000 $’000\nAdministered income\nContributions from the Commonwealth 6,698 1,146\nInterest revenue – 14\nTotal administered income 6,698 1,160\nAdministered expenses\nSecondment fees 1,656 880\nSupplies and services 4,096 3,355\nDepreciation 1 1\nTotal administered expenses 5,753 4,236\nNet 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which\nrecovery revenue is recognised over the time services are provided.", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Citizens / service users", "source": "annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Digital exclusion", "Low public trust if feedback is not acted on" ] }, { "entity_id": "B-000685", "entity_name": "Australian Energy Market Commission", "folder_name": "Australian-Energy-Market-Commission", "category": "Citizen Services", "scale": "large", "title": "Single front door for life-event based services", "idea": "Bundle services around life events so citizens can complete related steps across agencies in one journey.", "quote": "2021 2020\n$’000 $’000\nRecovery for staff secondment costs 1,665 802\nTotal sales of goods and services 1,665 802\nProvision of staff secondment to customers requires ongoing provision of services over the term of the agreement, for which\nrecovery revenue is recognised over the time services are provided.", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Citizens / service users", "source": "annual-reports/2020-21.pdf (http://www.aemc.gov.au/sites/default/files/2021-11/AEMC%20Annual%20Report%202020-21.pdf)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Digital exclusion", "Low public trust if feedback is not acted on" ] } ], "legislation_administered": [], "artifacts": [ { "category": "annual-reports", "year": "2024-25", "url": "https://www.aemc.gov.au/sites/default/files/2025-11/2024-25%20AEMC%20Annual%20Report%20final_0.pdf", "file": "annual-reports/2024-25.pdf", "bytes": 35249748, "link_text": "AEMC Annual Report 2024-2025" }, { "category": "annual-reports", "year": "2023-24", "url": "https://www.aemc.gov.au/sites/default/files/2024-12/AEMC_annual_report_2023-24.pdf", "file": "annual-reports/2023-24.pdf", "bytes": 9272346, "link_text": "AEMC Annual Report 2023-2024" }, { "category": "annual-reports", "year": "2022-23", "url": "https://www.aemc.gov.au/sites/default/files/2023-12/AEMC_annual_report_2022-23_web_v2.pdf", "file": "annual-reports/2022-23.pdf", "bytes": 17549923, "link_text": "AEMC Annual Report 2022-2023" }, { "category": "annual-reports", "year": 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"reviews", "year": "2019", "url": "https://www.aemc.gov.au/sites/default/files/2019-09/Redacted%20FINAL%20-%20AEMC%20submission%20-%20Inquiry%20into%20the%20prerequisites%20for%20nuclear%20energy.pdf", "file": "reviews/Redacted-20FINAL-20--20AEMC-20submission-20--20Inquiry-20into-20the-20prerequisi.pdf", "bytes": 4170713, "link_text": "AEMC submission to the Inquiry into the prerequisites for nuclear energy in Australia" }, { "category": "reviews", "year": "2019", "url": "https://www.aemc.gov.au/sites/default/files/2019-03/AEMC%20Submission%20Fair%20Dinkum%20Power%20Inquiry.pdf", "file": "reviews/AEMC-20Submission-20Fair-20Dinkum-20Power-20Inquiry.pdf", "bytes": 1689138, "link_text": "AEMC submission to fair dinkum power inquiry" }, { "category": "reviews", "year": "2018", "url": "https://www.aemc.gov.au/sites/default/files/2018-11/AEMC%20Submission%20to%20the%20Inquiry%20into%20Microgrids%20and%20Associated%20Technologies%20in%20WA.pdf", "file": 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"reviews/Final_Signed_Submission_Federal-Inquiry-into-closure-of-coal-power-stations_17-N.pdf", "bytes": 2178911, "link_text": "AEMC submission to the inquiry into the retirement of coal fired power stations" }, { "category": "other-pdfs", "year": "2023", "url": "https://www.aemc.gov.au/sites/default/files/2023-05/EPR0087%20-%20final%20-%20infographic.pdf", "file": "other-pdfs/EPR0087-20--20final-20--20infographic.pdf", "bytes": 817775, "link_text": "Making transmission investment and delivery more timely and efficient" }, { "category": "other-pdfs", "year": "2021", "url": "https://www.aemc.gov.au/sites/default/files/2021-11/4145_AEMC-Price-Trends-2021_National%20A_v4.pdf", "file": "other-pdfs/4145_AEMC-Price-Trends-2021_National-20A_v4.pdf", "bytes": 276746, "link_text": "Residential Electricity Price Trends Report 25 November 2021" }, { "category": "other-pdfs", "year": "2025", "url": 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