Market power mitigation in the WEM
This report, jointly written by Sapere and Robinson Bowmaker Paul, has been prepared for the Energy Transformation Taskforce to assist its comprehensive review of whether the existing market power mitigation measures are suitable for the new Wholesale Electricity Market (WEM).
Drawing on a series of relevant reviews previously conducted in the WEM, it addresses:
- the market power mitigation mechanisms required for the new WEM;
- the optimal design of these mechanisms; and
- the rationale for these recommendations.