25 March, 2019

Energy regulator wants more power to fine monopoly electricity networks

The energy watchdog wants more powers to fine poles and wires companies, saying they have used their monopoly positions to give their subsidiaries unfair competitive advantages in the market.
AER chair Paula Conboy. 
The Australian Energy Regulator (AER) introduced ‘ring-fencing’ guidelines to ensure regulated energy distributors don't share market-sensitive information or preference their own private energy services companies for development projects over independent competitors.


Read the story from The Age by Cole Latimer - “Energy regulator wants more power to fine monopoly electricity networks.”

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