Silver Asset Services is committed to informing its clients about the update to Australia’s energy market. The Australian Energy Regulation has issued a new media release regarding the transitional arrangement for the mandated appointment of an Embedded Network Manager:
To allow an opportunity for embedded network operators time to adjust to the new requirement to become or to appoint an Embedded Network Manager, the AER will allow an initial transitional period from 1 December 2017 to 31 March 2018. Where an embedded network operator can demonstrate they are taking active steps to appoint an ENM, the AER will focus on education and not actively pursue enforcement of compliance issues in respect to the NER requirement.
During this transitional period, we will assess any compliance matters that come to us on a case-by-case basis and in a manner that acknowledges the restrictions that ENM accreditation issues may have placed on embedded network operators’ capacity to comply with their obligations. However, we will expect to be provided with evidence that parties have attempted to secure an ENM and have been unsuccessful or are currently engaged in the process of securing an ENM.
If you would like to know more about appointing an Embedded Network Manager, you are invited to contact our team at any time.
You can read the full media release here: Notification of transitional arrangements – National Electricity Rules – Compliance with the requirement to appoint an ENM_1