On 30 January 2014 the Australian Energy Market Commission (AEMC) received a request from the SCER to develop common definitions for expressing distribution reliability targets across the National Electricity Market (NEM). SCER considers this would be a useful tool to facilitate efficient investment, increase transparency and improve regulatory outcomes.
The Review originates from a recommendation made to the SCER by the AEMC in its Review of the national framework for distribution reliability, for which a final report was published on 27 September 2013.
The AEMC has commenced the review and will work with the AER, relevant electricity distribution businesses, jurisdictional regulatory bodies and governments in the development of the common definitions.