Australian electricity reforms: an outline
Article from: OGEL 3 (2003), in Electricity Law and Regulation
Summary
Five criteria were used in designing the National Electricity Market in Australia: Competition - the market had to be vigorously competitive so that prices would always be determined by competitive forces and so that there would be minimal opportunities for misuse of market power by any one or more competitors. Customer choice - electricity customers had to be freely able to choose who they will deal with (including generators, traders and retailers). Network access - access to all transmission and distribution networks had to be available on ...