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.

The first public consultation paper for the National Energy Guarantee has been released by the independent Energy Security Board. The guarantee’s intention is to deliver more reliable, affordable and cleaner energy to Australian consumers.

The Energy Security Board (ESB) has provided advice to ministers on reliability, affordability and meeting Australia's international commitments. This comes in response to the Australian Energy Market Operator’s recent report on the risks to reliability in the electricity market.

Through the National Energy Productivity Plan (NEPP), the COAG Energy Council will prioritise improving consumer information and decision making tools, the removal of market barriers to new technologies and services, and supporting wider innovation and competition within industry and energy market. This will support more productive consumer choice from a range of better energy services.