A
Australian Bureau of Statistics
Australian Competition and Consumer Commission
An arrangement for third party access to a pipeline provided by a service provider and approved by the relevant regulator in accordance with the Gas Code
Arrangements to provide existing and potential competitors in an existing market with access to essential facilities at reasonable terms and conditions, for example, parts of the gas, electricity, and telecommunications industries
Australian Consumer Law
The Advocacy Panel of the National Electricity Code was established in 2003 to grant funds to representatives of domestic and business electricity customers for advocacy on the development on the National Electricity Code and the national electricity market
Australian Energy Market Agreement
Australian Energy Market Commission
Australian Energy Market Operator
Australian Government Solicitor
Advanced Metering Infrastructure
Ancillary network services
Australian Pipeline Industry Association
Australian Securities and Investments Commission
Australian Stock Exchange
B
National Gas Market Bulletin Board (NGMBB)
C
Cost Allocation Method
Capital Expenditure
Capital Asset Pricing Model
Cost–Benefit Assessment
Competition and Consumer Act 2010
Consumer Consultative Group
Combined Cycle Gas Turbine
Consumer Challenge Panel
Commonwealth Director of Public Prosecution
Congestion Information Resource
Competition Impact Statement
Council of Australian Governments
Consumer Price Index
Carbon Pollution Reduction Scheme
Cumulative Price Threshold
Consumer Reference Group
Cost Reflective Network Pricing
Coal Seam Gas
D
Depreciated Actual Cost
Distributed energy resources
Distribution Network Service Provider
Depreciated Optimised Replacement Cost
Victorian Department of Primary Industries
Dispute Resolution Adviser
Draft Statement of Regulatory Principles
Distribution Use Of System
E
Energy Action Group
Efficiency Benefit Sharing Scheme
Electricity Distribution Price Review
Energy Networks Australia
Embedded Network Manager
Economic Regulation Authority of WA
Energy Retailers Association of Australia
Electricity Supply Association of Australia
Energy Security Board
Essential Services Commission of South Australia
Essential Services Commission of Victoria
Electricity Supply Industry Planning Council
Energy Users Association of Australia
Energy Users Group
F
Final Approval Request
Federal Court of Australia
Frequency Controlled Ancillary Services
Feed-in Tariff
Freedom of Information
Full Retail Competition
G
National Gas Law (NGL)
National Gas Rules (NGR)
Gigajoule
Guaranteed Service Level
Gas Statement of Opportunities
Goods and Services Tax
Gigawatt
Gigawatt hour
I
Initial Capital Base
Independent Competition and Regulatory Commission of the ACT
Integrated Drying Gasification Combined Cycle
Integrated Gasification Combined Cycle
Independent Pricing and Regulatory Tribunal of NSW
Investor Reference Group
Inter Regional Planning Committee
k
Kilovolt
Kilowatt
Kilowatt hour
L
Liquefied Natural Gas
Local Network Service Provider
M
Maximum Allowable Revenue
Ministerial Council on Energy
Modern Equivalent Asset Valuation
Marginal Loss Factor
Market Network Service Provider
Market Operator Services
Memoranda of Understanding
Megavolt ampere
Megawatt
Megawatt hour
N
Network Control Ancillary Service
National Competition Council
National Competition Policy
Negotiated Distribution and Service Criteria
National Electricity Code
National Electricity Code Administrator
National Electricity Distributors Forum
National Electricity Law
National Electricity Market
National Electricity Market Dispatch Engine
National Electricity Distributors Forum
National Electricity Market Management Company
National Electricity Rules
National Energy Retail Law - (States and territories that operate under the NERL include New South Wales, South Australia, Tasmania, Queensland and the Australian Capital Territory).
National Energy Retail Rules
National Electricity Tribunal
National Generator Forum
National Gas Law
National Gas Market Bulletin Board
National Gas Rules
Network Service Provider
National Transmission Planner
O
Open Cycle Gas Turbine
Optimised Depreciated Replacement Cost
Optimised Deprival Value
Operating Expenditure
Optimised Replacement Cost
Over-the-counter financial markets for electricity derivatives
Office of the Tasmanian Economic Regulator
P
Projected Assessment of System Adequacy
Petajoule
Power purchase agreement
Q
Quarter
Queensland Competition Authority
Queensland to New South Wales Interconnector
R
Regulated Asset Base
The Reliability Panel is responsible under the market rules for:
(i) determining and maintaining the power system security and reliability standards;
(ii) determining and maintaining guidelines governing the exercise of NEMMCO’s power to issue power system directions;
(iii) determining and maintaining guidelines and policies governing the exercise of NEMMCO’s power to contract for the provision of reserves; and
(iv) reviewing the performance of the market in terms of power system security and reliability.
Reliability and Emergency Reserve Trader
Renewable Energy Target
Review of the Integration of Energy Markets and Network Services
Regulatory Impact Statement
Regulatory Investment Test for Distribution
Regulatory Investment Test for Transmission
Retailer of Last Resort
Retailer Reference Group
Retail Reliability Obligation
S
System Average Interruption Duration Index, means the length of time each customer is without supply when averaged over all customers in the distribution network (or defined part of the distribution network)
System Average Interruption Frequency Index, means the number of supply interruptions each customer experiences for the year when averaged over all customers on the distribution network (or defined part of the distribution network)
Sydney Futures Exchange
Statement of Opportunities
Settlement Residue Auction
System Restart Ancillary Service
Statement of Regulatory Principles
Statement of regulatory principles
T
Tender Approval Request
Total Factor Productivity
Terajoule
Terajoules per day
Transmission Network Service Provider
Trade Practices Act 1974
Tariff Structure Statement - the methodology for designing and charging network tariffs
Transmission Use of System
Terawatt
Terawatt hour - where Tera is an SI prefix and represents a multiplier of 1x10 to the power of 12
V
Victorian Energy Networks Corporation
Victorian Electricity Distribution Code
Victorian Guaranteed Service Level
Value of Loss Load
Volume Weighted Average
W
Weighted Average Cost of Capital
Wholesale Electricity Price Index