With the COAG Energy Council meeting later this week to consider the National Energy Guarantee, our organisations call for further progress to be made towards designing a workable solution which addresses emissions reduction, reliability, and affordability across our energy system.
Australian industry and households alike require competitively priced energy. Reliable supply is critical to our economy and society. And we all have a stake in achieving Australia’s emissions goals to combat climate change. A durable policy settlement to resolve energy and climate policy uncertainty remains essential to delivering on all three aspects of ‘the energy trilemma’.
This Friday the COAG Energy Council should ask the Energy Security Board to develop and consult on a detailed National Energy Guarantee design for final Council consideration later in 2018.