Since this web page was published, the Wholesale Electricity Market (WEM) Rules have been renamed the Electricity System and Market (ESM) Rules, and the Electricity Industry (Wholesale Electricity Market) Regulations 2004 (WEM Regulations) have been renamed the Electricity Industry (Electricity System and Market) Regulations 2004 (ESM Regulations). Changes have not been made to this web page to reflect this updated name.
The Minister for Energy has made the Wholesale Electricity Market Amendment (Reserve Capacity Reform) Rules 2023, to implement the outcomes of the Reserve Capacity Mechanism Review, which was conducted by the Coordinator of Energy.
Notice of the amendment was published in the Government Gazette on Tuesday 12 December 2023.
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