Examples of Ministerial Council on Energy in a sentence
This came into effect on 1 January 2007.• The Ministerial Council on Energy (MCE) announced on 13 December 2007 that a consistent national minimum functionality for 'smart' meters will maximise their benefits to all stakeholders.
Following a number of reviews in the early 2000s, the Energy Council (formerly the Ministerial Council on Energy) decided to implement a new legal, governance and regulatory framework.
Ministerial Council on Energy website: http://www.industry.gov.au/content/controlfiles/display_details.cfm?ObjectID=1C92DAAD- 8F2B-4BFD-8D06513B424C83B8 6.
The assessment is required to be conducted on the basis of criteria developed by the Ministerial Council on Energy (MCE) in consultation with the AEMC and other stakeholders based on the following principles1:• Independent rivalry within the market – this promotes competition which according to economic theory should reduce price to a point near equilibrium• Ability of suppliers to enter the market – this promotes competition by creating an open market for new competitors.
MCE Reforms, AER and pricing The Ministerial Council on Energy is currently implementing wide-ranging energy market reforms.
Energy Supply Industry Harmonisation The Ministerial Council on Energy (MCE) is working towards an enhanced safety framework for the energy supply industry.
This review was conducted at the request of the Ministerial Council on Energy (MCE).
The terms of reference for the review can be found at parliament’s website at www.parliament.nz/en-NZ/SC/Details/EmissionsTrading/.The MCE Moves beyond “No Regrets” Energy Efficiency MeasuresIn October 2006, the Ministerial Council on Energy (MCE) of Australian federal, state and territory and New Zealand government energy ministers agreed to new criteria for assessing new energy efficiency measures.
ENA believes the Ministerial Council on Energy agreement to transfer economic regulation of energy distribution to the new Australian Energy Regulator (AER) by 1 January 2007, may also trigger a major rethink on the national consistency of technical and safety regulation.
In light of a balanced assessment of these factors, the COAG Energy Council’s predecessor, the Ministerial Council on Energy, determined that a five year regulatory period provides a sufficiently short time to respond to changing conditions while providing investment certainty.