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What is Australian Energy Market Commission mean?
The Australian Energy Market Commission (AEMC) was set up by the Council of Australian Governments through the Ministerial Council on Energy in 2005. The AEMC was established by the Australian Energy Market Commission Establishment Act 2004 (SA), and commenced in July 2005. The Commission consists of one full-time and two part-time Commissioners. Two Commissioners are appointed by the participating State and Territory jurisdictions and one Commissioner is appointed by the Commonwealth.
In 2008, the AEMC completed a review of Victoria's and South Australia's retail gas and electricity markets. In both states it was found that competition in the market was adequate for deregulation. The authority is also involved in inter-regional electricity prices and access issues.
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Posted on 12 Oct 2024, this text provides information on Miscellaneous in Regional related to Regional. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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