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.

High electricity prices are here to stay, according to this Grattan Institute report, that calls on politicians to tell Australians the truth about the future of energy costs.

This year’s review found that while competition in the retail energy market continues to evolve, it is currently not delivering the expected benefits to consumers.

Hydro Tasmania’s Battery of the Nation initiative would double Tasmania’s existing flexible generation capacity. The iniative is a bundle of proposed projects that include redeveloping existing hydro-electric power stations, building new pumped hydro plants and expanding the role of Tasmania in the NEM using new wind and hydro power.

Former prime minister Tony Abbott says the Government might need to compulsorily acquire the Liddell Power Station, but government backbencher Tim Wilson claims compulsory acquisition should only used in extreme and critical situations.