Under the National Electricity Law (NEL) and the National Electricity Rules (NER) the AEMC and the Reliability Panel are obligated to make determinations, guidelines, standards and settings on a range of matters, and to maintain and keep these up-to-date.

AEMC obligations

The AEMC is responsible for:

  • certain reliability settings (the annual indexation of the market price cap and cumulative price threshold)
  • the last resort planning powers
  • guidelines for and determinations of compensation following the application of the administered price cap.

Reliability Panel obligations

Read more about the Reliability Panel's obligations and responsibilities.