It is particularly important that State and Federal Energy Ministers, meeting tomorrow, do not lock in poor climate change and energy outcomes.
Renewables must play key role in ramping up the abatement from the electricity sector in Australia.
The energy crisis solution must provide complementary emphasis on driving down consumption, not just on providing more generation.
The modelling prepared by private consultancy for Finkel Review deliberately ignores certain technologies that can provide grid security and replace coal fired generation at a much cheaper cost than gas. It also uses inflated costs for wind and solar.
The short answer is, not a lot. Finkel promises savings of $92 a year by 2030, but most customer bills are going to jump $300 a year next month. Nothing much will change until utilities can match the cost of new technologies, rather than hiding behind regulatory barriers.