ACCC Expands Co-Operation for Energy Sector Amidst Covid-19 Pandemic

April 20, 2020 12:14 PM AEST
Team Kalkine

The ACCC has fixed a new interim approval for an extended range of actions letting members in the gas & electricity markets to collaborate to protect the energy supply of Australia during coronavirus pandemic.

The authorisation for an extended set of measures would allow the market participants to disclose information related to the operation of critical facilities along with any risks to their continued operation. Australian Energy Market Operator would also be able to inform the ACCC of additional kinds of conduct it requires to start in order to answer to the coronavirus pandemic.

Also, any conduct pertaining to gas availability from this new interim authorisation is excluded.

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