Energy is essential to the operation of modern Australian society and access to energy for all Australians enables participation in our modern economy.

The electricity system in Australia includes competitive electricity markets and regulated networks.

Like electricity, the gas system includes both gas markets and regulated networks. Gas pipelines in Australia are registered on the gas scheme register.

The retail sector is where retailers provide energy services to end-use customers.

The AEMC's role is to make rules which govern the electricity and natural gas systems and markets, including the retail elements of those markets. We also support the development of the energy systems and markets by providing advice to energy ministers.

The objective of the AEMC’s work is to promote an efficient, reliable, secure and low-emissions energy system which serves the long-term interests of consumers.

All aspects of our work reflect the view that effective competition at wholesale and retail levels, together with appropriate regulation for network services, is the best way to deliver efficient, reliable, low-emissions and safe energy for consumers as required by the national energy objectives.