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.
Energy Policy WA has published a Consultation Paper seeking feedback on the proposed design for the Market Power Mitigation Strategy – to be implemented in the new Wholesale Electricity Market (WEM).
This Consultation Paper continues on from the work of the Energy Transformation Taskforce, who in its 2021 Information Paper reaffirmed some components of its proposed market power mechanism, while recommending that others undergo more analysis and consultation.