The Australian Energy Market Commission (AEMC) is pleased to announce the appointment of two new Commissioners, Lana Stockman and Rainer Korte, effective from 30 September, 2024.
The addition of these experienced industry professionals strengthens the Commission's capacity to address the evolving landscape of Australia's energy sector.
AEMC Chair Anna Collyer welcomed the additional expertise the new Commissioners bring to the AEMC.
"We are delighted to welcome Lana Stockman and Rainer Korte to the Commission. Their extensive experience and expertise in the energy sector will be invaluable as we continue to navigate the complex opportunities in Australia's dynamic energy market,’’ she said.
About the new Commissioners
Lana Stockman
Lana Stockman brings over 15 years of leadership experience in the energy and infrastructure sectors, including seven years as a regulator and board member with the New Zealand Electricity Authority.
With a strong focus on wholesale market design, transmission and distribution reform, and achieving better outcomes for consumers, Ms Stockman has played a key role in shaping energy policy and driving regulatory improvements.
Her career includes senior roles at major energy and infrastructure companies including Aurizon Network, and EnergyAustralia, where she led regulatory, compliance, and competition policy initiatives.
Ms Stockman’s deep expertise in competitive energy markets and regulatory policy, combined with her ability to navigate complex challenges during times of change and disruption, makes her well-positioned to contribute to the AEMC’s ongoing efforts to reform and enhance Australia’s energy markets.
Rainer Korte
Rainer Korte joins the AEMC with extensive senior leadership experience in the electricity industry.
Most recently, Mr Korte was responsible for overseeing the delivery of safe, reliable, and sustainable electricity transmission services to customers, while leading key energy transformation initiatives in South Australia. His extensive experience includes 14 years of executive responsibility for the planning and development of the South Australian electricity transmission network to meet customer demand and support the integration of world leading levels of variable renewable energy resources.
Mr Korte has led significant business changes, including strengthening customer and stakeholder engagement and implementing best practice asset management. His leadership experience within the market and regulatory frameworks of the National Electricity Market has given him a deep understanding of the complexities and challenges facing the industry.
Throughout his career, Mr Korte has been at the forefront of addressing challenges related to the transition to a low-carbon energy future, balancing the needs for system security, reliability, and affordability. His experience in navigating the intricate regulatory landscape of the electricity sector will be invaluable in his role as an AEMC Commissioner.
About the AEMC
The Australian Energy Market Commission is the expert energy policy advisor to Australian governments. It makes energy rules and provides advice that helps deliver safe, secure and reliable energy at the lowest long-term cost to consumers.
AEMC Commissioners are appointed by Australia's state, territory and federal governments to make rules under the national energy laws and advise governments on overall energy market development. The Commissioners are responsible for the AEMC's strategic direction, statutory rule making, and market development functions.
For more information, https://www.aemc.gov.au/about-us/chair-and-commissioners
Media: Jessica Rich, 0459 918 964, media@aemc.gov.au