AEMC's Strategic Plan

Where we want to be

Strategic direction

Where we want to be

We deliver effective outcomes for consumers through practical rule changes and expert advice

We improve the energy market through more forward-thinking action and decisions 

We continuously adapt the way we engage and collaborate with all stakeholders

In the next 6 months we will...

Implement a new, practical and transparent decision-making framework that guides action towards a decarbonising, affordable, and reliable energy system.

Work together with the Energy Security Board (ESB) and other market bodies to secure clear commitment on rule changes and advice to drive required market design change. Learn and adapt the way we work to deliver the right outcomes.

Improve engagement with all of our stakeholders through user-centric, two-way engagement methods and processes. Implement a strategic intelligence capability allowing us to deeply engage with and understand  stakeholder contexts and needs. 

Objectives and key results

Consistent with our focus on outcomes for consumers, we chose to articulate our strategic direction using objectives and key results rather than a traditional goal setting approach.

Objectives and key results take us beyond a plan and closer to the execution realm of strategy. Our strategic direction sets out where we would like to be in the next three years (our objectives) and how we will know that we are on the right path along the way (the accompanying key results).

Objective
We deliver effective outcomes for consumers through practical rule changes and expert advice.
Currently...

Our rules and advice strive to be theoretically right but could be more practical given our rapidly changing external world.

06

06 months

from now...
  • We have a new, practical and transparent decision-making framework that guides action towards a decarbonising, affordable, and reliable energy system. 

  • We have explained to our stakeholders what the decision-making framework means for them.

01

01 year

from now...
  • We are proactively working with stakeholders to evaluate the impact of rules made and ensure that our decision-making framework is working.

03

03 years

from now...
  • We are proactively working with stakeholders to evaluate the impact of rules made and ensure that our decision-making framework is working.
Objective
We improve the energy market through more forward-thinking action and decisions.
Currently...

Our work program is driven by many voices, different jurisdictional priorities and uncertainty in the sector given the pace of the transition.

06

06 months

from now...
  • We work as part of a team with the Energy Security Board (ESB) and the energy market bodies and have clear commitment for how we work together on rule changes and advice to drive required market design change.

  • We are learning and adapting the way we work in our role.

01

01 year

from now...
  • We are providing practical rules that create greater investment certainty for the sector and forward-looking expert advice that improves stakeholder confidence in the energy system.

03

03 years

from now...
  • We are providing practical rules that create greater investment certainty for the sector and forward-looking expert advice that improves stakeholder confidence in the energy system.

Objective
We continuously adapt the way we engage and collaborate with all stakeholders
Currently...

We engage using highly structured one-way channels that are most accessible for industry and other large system player contributions.

06

06 months

from now...
  • We have defined and expanded our stakeholder segments and identified the best way to engage with those segments proactively.
  • We have contemporary stakeholder engagement methods and processes that are user-centric, two-way, and appreciated by stakeholders as being genuine and pragmatic.
  • We have developed a strategic intelligence capability that allows us to track and manage stakeholder relationships and deeply engage with and understand stakeholder contexts and needs.

01

01 year

from now...
  • Stakeholders are regularly and easily engaging with us to provide input into our rule changes.

03

03 years

from now...
  • Stakeholders are regularly and easily engaging with us to provide input into our rule changes.

Strategic Context

Read more on:

Who we are

Strategic Identity

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