The Coordinator of Energy has published the 2025 WEM Operation Effectiveness Report.
Under clause 2.16.13D of the Electricity System and Market Rules (ESM Rules) the Coordinator of Energy (Coordinator) is required to provide the Minister for Energy (Minister) with a report on the operational effectiveness of the Wholesale Electricity Market (WEM) at least once every three years, with the first report due by 1 July 2025.
The Coordinator provided the 2025 WEM Operation Effectiveness Report to the Minister on 25 June 2025.
The Coordinator, after consultation with the Minister, has published a version of the report which has confidential or sensitive data aggregated or removed.
The report outlines several recommendations relating to two key proposals for improving the effectiveness in the WEM:
- integrating the State Electricity Objective more effectively within the Rules; and
- improving transparency within the WEM to facilitate efficient market outcomes.
A key theme that has emerged during the preparation of this report is the need for greater transparency, including from the market bodies in performing their functions under the ESM Rules, to provide current and prospective participants with the complete information they require to make operational and investment decisions.
The Report can be found by clicking the link below.
