Performance information Performance criteria Forecast result 2018-19 and against 2017-18 forward year target targets Number of audits completed of systems for energy businesses Expect to achieve 1 that are critical to market efficiency and energy security target of 2 Percentage of reports on wholesale electricity market high price Expect to achieve 100% events and significant price variations in spot gas markets activity target of 100% published within statutory timeframes Number of reports on effective competition in the wholesale Will achieve target 1 electricity market of 1 Purpose The AER regulates energy markets and networks under national legislation and rules, which aim to promote efficient investment in, and operation and use of, energy services for the long term interests of energy consumers with respect to price, quality, safety, reliability and security. The above program is linked to the Department of the Environment and Energy (Program 4.1 – Energy).
Performance information Performance criteria Forecast result against 2017-18 target 2018-19 and forward year targets Number of audits completed of systems for energy businesses that are critical to market efficiency and energy security Expect to achieve target of 2 1 Percentage of reports on wholesale electricity market high price events and significant price variations in spot gas markets activity published within statutory timeframes Expect to achieve target of 100% 100% Number of reports on effective competition in the wholesale electricity market Will achieve target of 1 1 Purpose The AER regulates energy markets and networks under national legislation and rules, which aim to promote efficient investment in, and operation and use of, energy services for the long term interests of energy consumers with respect to price, quality, safety, reliability and security. The above program is linked to the Department of the Environment and Energy (Program 4.1 – Energy).
05_Australian-Competition-and-Consumer-Commission-1.docx