AER Media

The AER today released the State of the energy market 2024 report which provides a comprehensive review of the year that was across Australia’s energy markets.

We have commenced an investigation into the recent power system events that affected transmission infrastructure in Broken Hill and surrounds.

We released our latest Wholesale Markets Quarterly report revealing a tale of two halves for wholesale energy prices for July – September 2024.

The 2 infringement notices, totalling $135,600, relate to Origin failing to notify two of its customers, within 10 business days, that it had overcharged them.

Locality Planning Energy has paid two infringement notices totalling $135,600 issued by the AER for alleged breaches of the National Electricity Law.

We welcome the reappointment of Justin Oliver to the Board for a further 5 years after first being appointed in February 2020 and as Deputy Chair in June 2024.

The Governor-General has appointed Kate Symons to the AER Board for a five-year term commencing 26 September 2024.

We've expanded our regulatory role to take up advisory functions in Queensland's priority transmission investment framework to develop the Queensland SuperGrid.

The Federal Court found that AGL failed to notify and refund customers for overcharges between December 2016 to November 2021 in proceedings brought by the AER.

We've made our decision on Transgrid's contingent project application to build HumeLink, an actionable transmission project in AEMO's Integrated System Plan.

Transgrid has notified the AER that AEMO has provided a further feedback loop assessment of the HumeLink project based on the Final 2024 Integrated System Plan.

The priorities guide our enforcement work and proactive compliance efforts in areas of most risk and harm, and signal where behavioural change may be required.

Read AER Board Member Justin Oliver's keynote speech at Australian Energy Week 2024 on the challenges of regulating a transitioning energy system.

Ergon Energy has paid two infringement notices totalling $135,600 issued by the AER.

AER Deputy Chair Jim Cox gave an update to delegates at the 2024 EUAA National Conference, focusing on the AER's progression of work on the latest gas reforms.

We've published final 2024-29 revenue determinations for Ausgrid, Endeavour Energy, Essential Energy, Evoenergy, Power and Water Corporation and TasNetworks.

Find out more in our latest Wholesale Markets Quarterly, providing data and analysis of the wholesale electricity and gas markets throughout the year.

AER Deputy Chair Jim Cox presented at the Australian Domestic Gas Outlook in Sydney on 27 March 2024. His speech focused on flexibility and innovation.

The AER welcomed the Federal Court’s order that Pelican Point Power Limited (Pelican Point) pay a pecuniary penalty of $900,000 for breaches of the National Electricity Rules.

The AER has instituted proceedings in the Federal Court alleging Callide Power Trading Pty Ltd failed to comply with its performance standards.