Category Archives for "ERA – Economic Regulation Authority"

Aug 23

Electricity market reform back on the agenda for South West grid

AER – Australian Energy Regulator , Balancing Market , Capacity Market , Energy Sector News , ERA – Economic Regulation Authority , Regulatory News , WEM Information

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In a speech to the Energy in Western Australia Conference on 23 August, Energy Minister Ben Wyatt announced the Government’s intentions for reform of the Wholesale Electricity Market (WEM).  The WEM supplies electricity to the major population centres in Western Australia extending from Perth to Kalgoorlie, Albany and Kalbarri. The reforms that were announced today […]

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Aug 04

ERA starts annual review of Wholesale Electricity Market

Electricity , Energy Sector News , ERA – Economic Regulation Authority , WEM Information

The Economic Regulation Authority (ERA) reviews the effectiveness of Western Australia’s Wholesale Electricity Market (WEM) annually resulting in a report to the Minister for Energy containing findings and recommendations.  To facilitate consultation, the ERA released a discussion paper on 25 July. One of the main areas of focus in the discussion paper is how to […]

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Aug 04

ERA investigates Synergy’s bidding behaviour

Balancing Market , Energy Sector News , ERA – Economic Regulation Authority , WEM Information

On 31 July 2017, the Economic Regulation Authority (ERA) published a notice on its web site disclosing that it will investigate Synergy’s bidding behaviour in the Balancing Market for the period April 2016 to July 2017.  It is alleged that Synergy may have abused its market power in more than 6,000 trading intervals, representing close […]

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Jun 14

Increased Competition in Western Australia’s Energy Markets

Customer Service and Protection , Energy Sector News , ERA – Economic Regulation Authority , Retail Markets

On Monday 22 May, the Energy Minister, Ben Wyatt, reaffirmed the Labor Government’s determination to introduce Full Retail Contestability (FRC) in the electricity market “sooner rather than later”.  FRC would see small customers consuming less than 50MWh per year being allowed to choose a retailer other than Synergy.  Although not willing to commit to a […]

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