Submissions were received from the Northern Territory Major Energy Users (NTMEU), PWC and QEnergy. The NTMEU and QEnergy are supportive of further amendments to the Code, while PWC supports the arrangements as they stand. The Commission intends to release an Options Paper for public consultation in late September 2012, which will detail potential options for amending the Retail Supply Code. The Commission monitors standards and conditions of service and supply and the operations of the electricity supply industry and licensed entities. The Commission may also develop standards of service and supply, authorised by legislation. The Commission publishes an annual Power System Review, reporting on power system performance during the year, and providing an assessment of the adequacy of the power systems to meet forecast demand in the medium term. Service Regular and comprehensive reporting on power system and distribution network performance and health is a feature of the electricity supply industry throughout Australia. Electricity businesses in other Australian jurisdictions have developed systems and processes for regular and comprehensive reporting of power system and distribution network The Commission considered performance over a period of time. that the matters raised by The 2010-11 Review was released in 2012 and continues the QEnergy and determined increased focus on electricity demand analysis that was commenced in that a review of the Retail the 2009-10 Review, in order to provide a robust assessment of the Supply Code was warranted. adequacy of the power system, including generation, transmission and In distribution networks. July 2012, the Commission released a consultation paper to The Commission engaged Evans & Peck to assist the Commission facilitate public consultation on the to prepare the 2010-11 Review, particularly by providing expert amendments proposed by advice on power system and reliability performance. QEnergy. For 2010-11, the System Review provided: The Commission extended the an assessment of the adequacy of PWC’s forecasts; scope of the consultation to a review of methodologies used to develop energy and demand consider any additional proposed forecasts, and provide a view as to the reasonableness of the amendments from other underlying assumptions; stakeholders and other areas of the Retail Supply Code identified an assessment of the adequacy of electricity generation supplies by the Commission that may relative to forecast peak demand and an assessment of fuel supply require amendments. adequacy for the medium and long term;
Service The Commission considered that the matters raised by QEnergy and determined that a review of the Retail Supply Code was warranted. In July 2012, the Commission released a consultation paper to facilitate public consultation on the amendments proposed by QEnergy. The Commission extended the scope of the consultation to consider any additional proposed amendments from other stakeholders and other areas of the Retail Supply Code identified by the Commission that may require amendments. Submissions were received from the Northern Territory Major Energy Users (NTMEU), PWC and QEnergy. The NTMEU and QEnergy are supportive of further amendments to the Code, while PWC supports the arrangements as they stand. The Commission intends to release an Options Paper for public consultation in late September 2012, which will detail potential options for amending the Retail Supply Code. The Commission monitors standards and conditions of service and supply and the operations of the electricity supply industry and licensed entities. The Commission may also develop standards of service and supply, authorised by legislation. The Commission publishes an annual Power System Review, reporting on power system performance during the year, and providing an assessment of the adequacy of the power systems to meet forecast demand in the medium term. Regular and comprehensive reporting on power system and distribution network performance and health is a feature of the electricity supply industry throughout Australia. Electricity businesses in other Australian jurisdictions have developed systems and processes for regular and comprehensive reporting of power system and distribution network performance over a period of time. The 2010-11 Review was released in 2012 and continues the increased focus on electricity demand analysis that was commenced in the 2009-10 Review, in order to provide a robust assessment of the adequacy of the power system, including generation, transmission and distribution networks. The Commission engaged Evans & Peck to assist the Commission to prepare the 2010-11 Review, particularly by providing expert advice on power system and reliability performance. For 2010-11, the System Review provided: an assessment of the adequacy of PWC’s forecasts; a review of methodologies used to develop energy and demand forecasts, and provide a view as to the reasonableness of the underlying assumptions; an assessment of the adequacy of electricity generation supplies relative to forecast peak demand and an assessment of fuel supply adequacy for the medium and long term;
AR-UC-1112.docx