The Australian Energy Market Commission (AEMC) has ushered in a new era of leadership with the appointment of Commissioner Rainer Korte as the Chair of the Reliability Panel. In a notable announcement crucial for Australia’s energy landscape, this move aims to bolster the functionality and reliability of the National Electricity Market (NEM), directly impacting businesses of all sizes.
The AEMC has not only welcomed Commissioner Rainer Korte but has also signalled an overarching commitment to industry expertise with several strategic appointments. Among them, Commissioner Sally McMahon steps into the role of Acting Chair, bringing her wealth of experience to the forefront. Moreover, Associate Professor Joel Gilmore continues his pivotal work as the discretionary member representing large renewable generators, and Mr Mark Vincent joins as a representative for Distribution Network Service Providers (DNSPs).
The panel extends its gratitude to the outgoing Chair, Commissioner Tim Jordan, and former DNSP representative Mr Peter Price for their invaluable contributions.
As per the National Electricity Rules, the AEMC is tasked with appointing one of its Commissioners as the Panel chairperson for a term of up to three years, complemented by the appointment of an Acting Chair. This strategic alignment reinforces a continuity of leadership crucial for upholding the reliability and security of Australia’s energy systems.
The reliability panel is instrumental in administering oversight and guidance for the NEM, delivering expert advice, monitoring power system reliability, and setting crucial market parameters. By integrating diverse expertise, the Panel ensures robust decision-making reflective of all market participants.
Mr Mark Vincent’s appointment signifies a deepening of strategy-driven leadership, with over 40 years of experience in the energy sector. As the COO at South Australia Power Networks (SAPN), his impressive track record in asset management, regulation, and operations will guide the DNSP representations in navigating the decentralised and decarbonised energy transitions.
Continuing as a key asset to the Panel, Associate Professor Joel Gilmore excels in renewable energy integration, policy engagement, and market modelling. His dual role at Iberdrola Australia and Griffith University reinforces the Panel’s strategic forecasts and planning in the renewable energy space.
The appointment of new leadership to the Reliability Panel marks a significant step forward in maintaining a secure and reliable power system for Australian consumers. These changes are expected to positively impact the energy landscape, aligning with the evolving needs of small to large-scale businesses.
Visit our Energy Cost Reduction page or Contact Us for tailored support.
Speak to an Energy Manager
Fields marked with * are required.
Fields marked with * are required.