AGL Response to AEMO Governance Review

AGL Energy (AGL) welcomes the opportunity to respond to the Australian Government Department of Climate Change, Energy, the Environment & Water (DCCEEW) on the AEMO Governance review.

Key Points

• AGL supports AEMO’s current structure and independence from government, and are of the view that the requirements of the Corporations Act 2001 support this independence; 
• AGL considers that the ISP should remain with AEMO, but support the expansive ISP review as undertaken by the AEMC; 
• Any changes to the ASL governance should be to provide greater independence and a focus on developing an appropriate skillset for commercial decision making; 
• Where AEMO undertakes policy adjacent work at the behest of government, those costs should be borne by government and subject to parliamentary scrutiny; 
• Any changes to data sharing rights and obligations should be to reduce administrative burdens on market participants, and maintain assurances that commercial in confidence information will not be shared with ministers and their departments; 
• Given the current stage of the energy transition and concurrent regulatory and statutory reviews, n only incremental changes to AEMO’s governance framework would be appropriate at this time; and 
• If the review is to progress beyond incremental change, it should be undertaken in conjunction with a review into the roles of the AEMC and the AER, per the recommendations of the 2024 Senate Select Committee on Energy Planning and Regulation. 

Read the full submission here.