National Energy Guarantee (NEG)

NARROWER TERMS
Audio interview

Do we need the National Energy Guarantee?

New modelling by the energy advisory firm RepuTex shows Australia is set to beat its emisisons targets under what it calls a "do nothing" scenario, suggesting the NEG could be redundant.
Report

Saved by the bench: how the Senate crossbench saved Australia’s renewable energy industry

This research shows the Senate crossbench safeguarded $23.4 billion worth of investment in renewable energy from 2013–2018, when it prevented the Coalition Government from abolishing three renewable energy policies (the Clean Energy Finance Corporation, ARENA and the Renewable Energy Target).
Report

Tackling climate change and energy affordability for low-income households

Modelling in this report shows that Australia can tackle energy affordability and reduce carbon emissions at the same time, but Energy Intensive Trade Exposed Industries (EITEs) must be included.
Discussion paper

The price of uncertainty: economic modelling and the National Energy Guarantee

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.
Commentary

What’s your state’s position at the crucial National Energy Guarantee meeting?

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.
Report

National Energy Emissions Audit: electricity update - August 2018

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.
Report

National Energy Emissions Audit special update - July 2018

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...
Commentary

On the National Energy Guarantee, it's Libs versus Libs (and Nats)

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.
Commentary

Could the NEG bring down power prices? It’s hard to be confident that it will

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.
Policy report

National Energy Guarantee: final detailed design - Commonwealth elements

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.
Policy report

National Energy Guarantee: final detailed design

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...
Commentary

The National Energy Guarantee is a flagship policy. So why hasn’t the modelling been made public?

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.
Discussion paper

Harming farming: the cost to agriculture from the government’s emissions reduction plan

This discussion paper argues that requiring Australia’s agricultural sector to reduce emissions by at least 26% by 2030 would impose significant costs and reduced production for the industry.
Report

More expensive, more pollution

This report models the impact of the proposed National Energy Guarantee (NEG) on Australia’s carbon emissions and on National Electricity Market (NEM) wholesale prices by 2030 under the Turnbull Government’s 26% emissions reduction target and a higher 45% target. The research shows that the government’s...
Report

From worse to bad: eastern Australian energy prices

This report seeks to answer key questions about the eastern Australia energy cost challenge and provide recommendations for a lower cost energy future.
Report

Taking charge: the energy storage opportunity for Australia

This occasional paper provides an overview of energy storage technologies already in Australia and on the horizon, and the opportunities for Australia to lead the world in these fields.
Report

National Energy Emissions Audit: electricity update - July 2018

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.
Strategy

National Energy Guarantee: high level design document

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.
Briefing paper

What are stakeholders saying about the National Energy Guarantee?

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).
Commentary

Australia’s slow march towards a National Energy Guarantee is gathering pace

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.