The ESB has done a job the AEMC wasn’t doing, and additionally it has championed the ISP in a necessary way.
AEMO to be granted ability to incorporate state and federal climate change targets in network system planning.
ESB chair Kerry Schott says two-sided market – driven by demand response and distributed solar and storage – will require complete reform of NEM.
The federal Coalition is systematically undermining the basis of the private ownership of the electricity market in Australia. Legal rights are being cut back at every turn.
Management at a speculative gold mining company would blush at some of the outrageous claims made in the modelling the ESB “leans heavily on” to justify the NEG.
Latest version of National Energy Guarantee raises concerns it could put a de-facto cap on efforts by states, retailers and even corporate buyers, while the creation of a closed registry raises issues about transparency.
Energy Security Board prepares to release National Energy Guarantee draft ahead of a critical meeting of energy ministers in August.
“I can assure you that, unless there’s a change of technology, there would be absolutely no way that anybody would be financing a new coal-fired generation plant.”
Highlights from the high level NEG document distributed to COAG energy ministers ahead of next Friday’s meeting.
Tesla says National Energy Guarantee needs to be much more ambitious, and Energy Security Board needs to catch up with technologies like battery storage.