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.

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.

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 level.

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.