On 1 July 2009, the Commission published a revised timetable for this Review.  The Commission considered it necessary to revise the timetable to take into account the time taken to:

  • develop Futures Offset  Arrangement models for assessment; and
  • finalise a detailed Request for Proposal for consultants.

In addition, due to the impact this Review is likely to have on the NEM, the Commission has allowed for consultation on the consultants' draft report prior to it being finalised. The consultants' draft report is expected to be published for consultation in September 2009.