Despite the historic inaccuracy of electricity demand and price forecasting, even in the absence of significant policy change, once again economic modelling is being used to make forecasts about the impact of changes in energy policy on the long run price of electricity in Australia....
As energy ministers head into a crucial meeting with their federal counterpart Josh Frydenberg, this state-by-state guide compares their various stances on the future of the National Energy Guarantee.
This report argues that AEMO’s modelling results show that, with efficient planning of and investment in the most efficient mix of network services, it will be quite possible to ensure that the electricity supply system of the NEM remains secure and reliable, and do so...
If the government offers Labor a deal it can accept, it will be rejected by the Coalition’s backbench. It’s hard to escape the obvious conclusion.
The final design of the National Energy Guarantee promises that the policy will drive down power prices. But there is precious little evidence for this assertion.
This guide has been created to assist those communicating on climate change and energy to do so accurately and effectively. It includes some clear definitions of climate and energy concepts delivered in a manner that is widely understood by the public, and in messaging that...
The proposed final design of the National Energy Guarantee (NEG) will require retailers to contract for generation or demand response to meet a minimum level of dispatchable ‘on demand’ electricity where there is an identified gap. Retailers must also keep their emissions below an agreed...
This paper outlines the detailed design of the Commonwealth elements of the National Energy Guarantee (NEG), including feedback received from stakeholders during consultation on the draft design.
Central to the public debate about the National Energy Guarantee (NEG) has been the numerical forecasts of its effects – in particular how much it will reduce power prices.
California has the world’s fourth largest greenhouse gas cap-and-trade program, which raises billions of dollars for the state. An innovative project is directing some of that revenue to bringing renewable power and energy efficiency to some of the state’s most disadvantaged communities.
Australia’s ageing coal power stations are unreliable and prone to breaking down in extreme weather events. There is no such thing as clean coal. No matter how “efficient” a coal-fired power station claims to be, it is always polluting. Australia must transition to clean, affordable...
Australia's consumer watchdog has concluded that rooftop solar incentives have distorted the market unfairly for those who cannot afford solar panels, and has recommended the scheme ends ten years early.
This research found that Australia’s emissions are rising and projected to continue increasing without credible and comprehensive climate and energy policy. The authors also argue that Australia’s emissions reduction target is woefully inadequate to protect Australians from intensifying climate change.
The Energy Security Board presented this high-level design of the guarantee to the COAG Energy Council, following a two month consultation process and the review of more than 150 submissions received from a broad range of groups and individuals.
Renewable energy needs to be scaled up at least six times faster for the world to start to meet the goals set out in the Paris Agreement. The historic climate accord from 2015 seeks, at minimum, to limit average global temperature rise to “well below...
State energy ministers meet this week to discuss the National Energy Guarantee. While the policy has been criticised as too modest, it would put us light years ahead of the previous climate policy paralysis.
Cheap energy has underpinned the international competitiveness of the manufacturing sector Australia-wide. This report argues that not only has this advantage been lost, it has been destroyed by government policy and the deceptive market practices of LNG producers.
This briefing paper summarises key concerns from the Climate Council, and raised by other stakeholders, about the federal government’s proposed National Energy Guarantee (NEG).
An emissions trading system (ETS) is a market-based mechanism that is applied to achieve emissions targets at least cost. By fixing a quantity of emissions (the cap), requiring that companies surrender one allowance for each unit of emissions generated and making the allowance tradable, a...
Emissions trading systems (ETSs) as a cost-effective instrument for emissions control in the power sector are now being implemented or considered across a diverse set of jurisdictions. However, regulation in the power sector may impede or alter the functioning of an ETS. In this paper,...