19 April 2018
A well-designed National Energy Guarantee (NEG) for Australia will include a world-first integration of energy and climate change policy. It will deliver reliable and affordable energy as we make the transition to a low-emissions energy future. Yet the challenges ahead will test the skills of even such an energetic politician as Energy Minister Josh Frydenberg.
18 April 2018
The finer policy details of the of the proposed National Energy Guarantee (NEG) have begun to leak onto newspaper front pages and websites, ahead of Friday’s crucial meeting of federal and state energy ministers. The good news is that the leaked information suggests solid progress has been made over the past couple of months on both the emissions and reliability components of the policy.
28 March 2018
The cost of the electricity grid in Queensland has gone up by 75 per cent in a decade – and we’re all paying for it through our power bills. Under successive state governments, more and more money has been spent on building network infrastructure. Trouble is, it’s not clear what benefit consumers are getting from the excessive spending on a bigger network.
26 March 2018
State-owned power networks have spent up to A$20 billion more than was needed on the electricity grid, and households and businesses in New South Wales, Queensland and Tasmania are paying for it in sky-high power bills.
26 March 2018
The cost of the electricity grid in NSW has almost doubled in a decade — and we’re all paying for it through our power bills. Under successive state governments, more and more money has been spent on building network infrastructure. The trouble is, it’s not clear what benefit consumers are getting from the excessive spending on a bigger network.
25 March 2018
Australians want cheaper electricity. State governments in Queensland, NSW and Tasmania could save consumers $100 to $400 a year by addressing past over-expenditure in their distribution and transmission network businesses.
22 March 2018
As the Libs claim South Australia, states are falling into line behind the National Energy Guarantee
Australia is edging closer to finally having a national, integrated, energy and climate policy. We’ve been here before, and previously have let the perfect become the enemy of the good.
1 March 2018
The Energy Security Board’s approach to the National Energy Guarantee could deliver the integrated energy and climate policy that Australia needs. The ESB will need to determine whether the reliability requirement is addressing investment, deployment, or both.
19 February 2018
Most of us begin each new year hoping it will be better than the last. Australia’s energy sector is no different. And the good news is that this time, the optimism may be justified.
1 February 2018
Australia is seeking to design a ‘reliability mechanism’ as part of the National Energy Guarantee. This Working Paper provides suggestions on how to design the mechanism and how it might work. On balance, we support a well-designed retailer obligation that utilises commercial market drivers. But we recognise there are risks in this approach. Policy makers will need to consult widely to ensure the new mechanism achieves the right balance between higher reliability and lower costs.