Faith Taylor is a leading energy regulatory specialist. She has been involved in most of the significant electricity market reforms undertaken in NSW and the National Electricity Market (NEM) over the last 14 years.

Faith is a trusted adviser to government, government-owned entities and regulators, and has a wealth of experience in participating as a member of multi-disciplinary teams on significant projects. She also acts for industry participants such as Hydro Tasmania, Integral Energy and Origin Energy which gives her a unique insight into how participants operate within the current regulatory framework.

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Energy and Resources

DRET: Faith is advising the Commonwealth Department of Resources, Energy and Tourism on the transition of the Gas Retail Market Rules in Victoria, Queensland, South Australia and NSW/ACT into Retail Market Procedures under the national regime. This has included providing advice on the interaction between the National Gas Law, the National Gas Rules and the Retail Market Procedures.

 

AEMC: Faith regularly advises the Australian Energy Market Commission on the drafting of Rule change proposals being considered by the Commission in relation to the National Electricity Rules, including the following Rule change proposals:

  • Changes to the regulatory test provisions
  • Integration of NEM metrology requirements
  •  Central dispatch and integration of wind and other intermittent generation
  • Economic regulation of transmission services undertaken by distributors
  • Registration of foreign based persons and corporations as trader class participants
  • Process for region change, system restart ancillary services and pricing under market suspension.

 

Electricity Market Reform Process: Faith has been part of the national electricity reform process from the ground up. As a junior lawyer in the early 1990s she was part of the team advising the NSW Government (Electricity Reform Task Force) in relation to the structural and market reforms of the electricity industry in NSW as a forerunner to the introduction of the NEM. Following the establishment of the National Electricity Code Administrator (which was the company formed by the participating jurisdictions in the NEM to administer the NEM and enforce the National Electricity Code prior to the creation of the AER and AEMC in 2005), Faith advised NECA in relation to amendments to the Code to address structural changes in the NEM. Faith has also advised NEMMCO in relation to a range of matters associated with the NEM, including the introduction of full retail competition to the NEM and the appropriateness and efficiency of the regulation of transmission interconnectors.

 

Origin Energy: Faith provides wide ranging regulatory advice to Origin Energy's downstream electricity and gas retail businesses on an ongoing basis. She has recently been involved in advising on the regulatory components of Origin's outsourcing of some back office functions.

 

Integral Energy: Faith has advised Integral since 2001 on a wide range of issues in relation to its electricity distribution business. Most recently she advised Integral on the preparation of its regulatory revenue proposal for its network assets for the 2009-2014 revenue period.


Hydro Tasmania: Faith acts for Hydro Tasmania in relation to the regulatory issues surrounding its involvement as a generator in the National Electricity Market including its use of Basslink, which is the only non-regulated interconnector in the NEM.

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Corporate / M&A

Origin Energy: Faith provides wide ranging regulatory advice to Origin Energy's downstream electricity and gas retail businesses on an ongoing basis. She has recently been involved in advising on the regulatory components of Origin's outsourcing of some back office functions.

Integral Energy: Faith has advised Integral since 2001 on a wide range of issues in relation to its electricity distribution business. Most recently she advised Integral on the preparation of its regulatory revenue proposal for its network assets for the 2009-2014 revenue period.

 

Hydro Tasmania: Faith acts for Hydro Tasmania in relation to the regulatory issues surrounding its involvement as a generator in the National Electricity Market including its use of Basslink, which is the only non-regulated interconnector in the NEM. 


See Corporate / M&A

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