Welcome to the September 2018 issue of the NEEA Electricity Update, with data updated to the end of August 2018. Electricity Update is the companion publication to the quarterly National Energy Emissions Audit Report, the next issue which is being published alongside the Electricity Update. The Electricity Update presents data on electricity demand, electricity supply...

This audit shows that current NEG modelling will effectively create an investment cliff for the otherwise booming renewables sector, with no investment in further renewable energy generation after 2021.

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 at lower total cost.

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 audit shows current policies will reduce National Electricity Market (NEM) emissions to 22% below 2005 levels in 2019-20, effectively meaning electricity sector has an emissions reduction target of only 4% to 2030.