This note is not part of the amendment, but is intended to indicate its general effect.

This amendment to the Electricity Industry Participation Code 2010 (the Code) comes into force on 14 March 2025 and expires 9 months after this date.

The amendment amends clause 9.18 of the Code to enable the system operator to require participants to provide information to the system operator that is relevant to the system operator’s implementation of and compliance with the security of supply forecasting and information policy or emergency management policy.

Pursuant to section 40 of the Electricity Industry Act 2010, the Authority considers that it is necessary or desirable in the public interest that the amendment be made urgently because:

(a) the amendment addresses an area of immediate concerns around timely response to consumer supply risks by ensuring the system operator can obtain the information needed to make an accurate and timely forecast of security of supply for winter 2025.

(b) the amendment provides the system operator with necessary powers to collect information that, if published by the system operator will help the industry manage fuel and generation supply ahead of winter 2025.

(c) the amendment enables the system operator to better meet its Code obligations, including those under the Security of Supply Forecasting and Information Policy and the Emergency Management Policy for publishing electricity risk curves, weekly security of supply reports and annual security of supply assessments ahead of winter 2025.