On 9 August 2012, the Australian Energy Regulator (AER) approved an application from EDL Retail Pty Ltd (‘EDL Retail’) for electricity retailer authorisation under the National Energy Retail Law. EDL Retail is authorised to retail electricity as and when the National Energy Retail Law is adopted in each participating jurisdiction. EDL Retail is currently licensed to sell electricity in Queensland.
EDL Retail is a subsidiary of Energy Developments Limited (EDL), which is an international provider of low emissions, renewable and remote energy based in Queensland. EDL owns and operates 79 power stations in Australia, the United States and Europe with a total capacity of over 690 MW from a range of fuel sources. EDL Retail proposes to retail electricity to large customers with a load exceeding 100 MWh per year, with an initial retailing focus on Queensland and New South Wales.
The AER sought public submissions on EDL Retail’s application for a retailer authorisation. Consultation on the application closed on Monday 25 June 2012. No submissions were received.