The Eastern Energy Buyers Group - Authorisations - A91594 & A91595

Summary

The Eastern Energy Buyers Group (EEBG), on behalf of its current and future members, seeks authorisation to establish a joint energy purchasing group.

EEBG members wish to pool their collective demand for electricity and gas and place one or more tenders into the market calling for proposals to meet their electricity and gas needs.

The current members of EEBG operate in the agri-business sector, in food production and processing of agricultural commodities. Each has significant operations in Victoria.

EEBG seeks authorisation for a period of 11 years.

On 1 September, the ACCC granted interim authorisation to enable EEBG to investigate potential electricity, gas and gas transport supply options, prepare tender documents, and issue one or more tenders. Interim authorisation does not extend to EEBG or its members entering into any supply agreements for electricity, gas or gas transport services.

On 13 October 2017, the ACCC released a draft determination proposing to grant authoirsation for eleven years.

Submisssions in response to the draft determination are due by 3 November 2017. For details about how to make a submission please see the ACCC letter to interest parties about the draft determination under the ACCC correspondence link below.

Applicant(s)

  • The Eastern Energy Buyers Group

Authorisation number(s)

  • A91594
  • A91595