Energy reform hub

Retailer Reliability Obligation

As of 1 July 2019, the 'Retailer Reliability Obligation' (formerly the reliability component of the National Energy Guarantee) has come into force. For more information on the development of the Retailer Reliability Obligation, we have prepared a timeline and produced a number of articles under the resources tab. We have also provided some useful links to the COAG Energy Council website. These resources also include information on the former National Energy Guarantee and the (currently deferred) Emissions Requirement.

Timeline

On 1 July 2019, the Retailer Reliability Obligation came into effect.  The timeline below sets out the progress of the Retailer Reliability Obligation – from its first conception in October 2017 as part of the National Energy Guarantee, to its commencement date of 1 July 2019.

Completed:

13 October 2017 – The ESB provides initial advice to the Commonwealth regarding the Guarantee
27 October 2017 – AEMC modelling of the Guarantee is released
24 November 2017 – ESB Report on the Guarantee is released
15 February 2018 – The ESB publishes a consultation paper for the draft design of the Guarantee
20 April 2018 – The ESB's high level design proposal and update on the Commonwealth Design elements are presented to the COAG Energy Council
20 April 2018 – The COAG Energy Council agrees that the ESB should progress development of the detailed design of the Guarantee
15 June 2018 – The Draft Detailed Design Consultation Paper are published and associated Commonwealth Elements Paper
22 June 2018 – The Technical Working Papers are released
2 July 2018 – A public forum / webinar is held
6 July 2018 – Last day for submissions on the Commonwealth design elements
13 July 2018 – Last day for submissions on the Draft Detailed Design Consultation Paper
1 August 2018 – Final Detailed Design Papers (Commonwealth design elements and scheme mechanics) released
10 August 2018 – The final detailed design is considered at the COAG Energy Council meeting
14 August 2018 – COAG Energy Council teleconference following Coalition party room meeting
15 August 2018 – Draft legislative amendments to the National Electricity Law are released for consultation
5 September 2018 – Last day for submissions on the pre-conditions for activating the Reliability Requirement
12 September 2018 – Last day for submissions on the draft National Electricity Law amendments
December 2018 – Public consultation on key aspects of the Retailer Reliability Obligation
Late December 2018 – Draft National Electricity Law amending legislation is finalised for introduction to the South Australian Parliament
8 March 2019 – Rule changes for Retailer Reliability Obligation are published
8 March 2019 – 5 April 2019 - Public consultation period on draft Rule changes
3 May 2019 – Final Rule changes for Retailer Reliability Obligation presented to COAG Energy Council
1 July 2019 – Retailer Reliability Obligation commences operation

Resources

Overview-of-the-Retailer-Reliability-Obligation.pdf

Useful links