Under clause 2.3.2 of the Wholesale Electricity Market (WEM) Rules, the Coordinator of Energy (the Coordinator) is required to develop and publish a constitution for the Market Advisory Committee (MAC).
Under clause 2.3.4 of the WEM Rules, the Coordinator must invite public submissions when developing or amending the MAC Constitution.
The Coordinator inherited a MAC Constitution that, was developed by the former Rule Change Panel. The MAC Constitution required amendment to reflect the changes to the WEM governance arrangements contained in Schedule B of the Wholesale Electricity Market Amendment (Governance) Rules 2021, which commenced on 1 July 2021.
The Coordinator conducted a review of the MAC Constitution in consultation with the MAC and proposed amendments to the MAC Constitution to reflect the current WEM Rules.
The Coordinator sought submissions on the proposed changes to the MAC Constitution between 26 November 2021 and 24 December 2021.
The Coordinator received one submission during the consultation period related to the proposed changes to the MAC Constitution.
The Coordinator approved the revised MAC Constitution, which commenced on 15 February 2022.
