In December 2014, the COAG Energy Council committed to reduce investment uncertainty where possible to enable the National Electricity Market to continue to efficiently deliver a reliable supply of electricity in an environment of policy and economic change.

The Council requested the Australian Energy Market Operator (AEMO) and the Australian Energy Market Commission to explore whether there are any material barriers in the National Electricity Law and Rules for generators who potentially want to exit the electricity market, and whether the existing regulatory arrangements allow AEMO to maintain a secure and reliable electricity system given potential exits and the changing generation mix including more intermittent generation.

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