This report provides a comprehensive overview of Australia’s electricity and natural gas markets. It supplements the more technical reports the AER publishes and is written for a wide audience including government, industry and the broader community.

This year’s report includes more detailed coverage of wholesale market activity in the electricity and natural gas sectors, the expansion of the wind generation sector and reliability issues in natural gas. The appendix has a stronger focus on recent policy and regulatory developments. In addition, the executive overview includes some perspectives on possible implications of climate change policies for the energy sector. More generally, the coverage of Western Australian issues has increased this year