Australian Energy Market Commission (AEMC) Chairman, Dr John Tamblyn, is pleased to announce the appointment of Commissioner Neville Henderson to the position of AEMC Reliability Panel Chairperson.
Mr Henderson was recently appointed a part-time AEMC Commissioner and commenced in that role on 19 October 2009.
"Neville has wide experience in energy markets and power system operation and is very well prepared to perform this important role," Dr Tamblyn said.
The National Electricity Market framework is designed to provide strong incentives for market participants to maintain a reliable and secure electricity supply system, while seeking cost efficiencies where possible. As part of the energy market governance arrangements the AEMC is required to establish the Reliability Panel to monitor, review and provide reports and advice on the safety, security and reliability of the national electricity system.
The inaugural Panel Chairperson, Commissioner Ian Woodward resigned his position as Chairperson on 2 November 2009, having served in that role since July 2005. He will continue in his role as an AEMC Commissioner until 19 June 2010.
Dr Tamblyn congratulated Mr Woodward on the performance of the Reliability Panel under his stewardship.
"Ian's strategic leadership of the Reliability Panel has been outstanding over the last four years and has been instrumental in the Panel's timely delivery of a comprehensive program of reforms to the reliability framework of the national electricity market during that time," Dr Tamblyn said.
"By the end of its first five years of operation the Panel will have:
- reviewed the principal market parameters twice to ensure that appropriate incentives are maintained for investment and reliability, including the market price cap, and put in place a comprehensive framework for examining the interrelationships between these market parameters on an ongoing basis;
- reviewed and provided strong guidance through the development of guidelines updating the technical standards for generators;
- developed a process and templates for generation compliance and reporting against the technical standards;
- developed guidelines to enhance transparency about the operation of the reliability and emergency reserve trader arrangements as provided in the rules; and
- developed a national framework for transmission planning standards.
"The outcomes from this work represent a significant step forward in providing a governance arrangement that continuously seek to ensure that the market parameters and technical standards are meeting the market's needs," Dr Tamblyn said.
For more information contact Chief Executive, Steven Graham on 02 8296 7800.
AEMC Communication Prudence Anderson (02) 8296 7800 or 0404 821 935.