Statement of Strategic Intent

The Australian Energy Council is the peak industry body for electricity and downstream natural gas businesses operating in the competitive wholesale and retail energy markets. AEC members generate and sell energy to 10 million homes and businesses and are major investors in renewable energy generation. The AEC supports reaching net-zero by 2050 as well as a 55 per cent emissions reduction target by 2035 and is committed to delivering the energy transition for the benefit of consumers.

Latest Analysis

Climate and energy: What do the next three years hold?

Climate and energy: What do the next three years hold?

With Labor being returned to Government for a second term, this time with an increased majority, the next three years will represent a litmus test for how Australia is tracking to meet its signature 2030 targets of 43 per cent emissions reduction and 82 per cent renewable generation, and not to mention, the looming 2035 target.  With significant obstacles laying ahead, the Government will need to hit the ground running. We take a look at some of the key projections and checkpoints throughout the next term.

BY Rhys Thomas May 15 2025
Principles-based regulations: What are the opportunities and trade-offs?

Principles-based regulations: What are the opportunities and trade-offs?

As Australia’s energy market continues to evolve, so do the approaches to its regulation. With consumers engaging in a wider range of products and services, regulators are exploring a shift from prescriptive, rules-based models to principles-based frameworks. Central to this discussion is the potential introduction of a “consumer duty” for retailers aimed at addressing future risks and supporting better outcomes. We take a closer look at the current consultations underway, unpack what principles-based regulation involves, and consider the opportunities and challenges it may bring.

BY Braeden Keen May 08 2025
2025 Federal Election: Distinctly Different Energy Policies

2025 Federal Election: Distinctly Different Energy Policies

Energy has been a major issue and point of difference for the major parties. Labor and the Coalition offer sharply contrasting visions, with significant implications for generation investment, grid reliability, emissions outcomes, and regulatory certainty. With a minority government considered a strong possibility, we examine the competing platforms of Labor and the Coalition, as well as the positions of the Greens, Teals, and key Independents.

BY Tom Monaghan May 01 2025
Will power prices come down?  Not as a result of the current election announcements

Will power prices come down? Not as a result of the current election announcements

Australia’s energy system is undergoing a complex, large-scale transition which requires stable, long-term policy and investment signals. Recent announcements have focused on short-term relief measures, but these do little to address the underlying structural drivers of power prices. Achieving lower cost outcomes for consumers will depend on the timing and volumes of renewables integration (particularly wind), investment in firm, dispatchable energy sources, and better integration of consumer energy resources. Chief Executive, Louisa Kinnear, assesses the policy proposals made by both parties, and offers up a range of suggestions on what government and policymakers should focus on in order for the energy transition to be delivered at the lowest cost.

BY Louisa Kinnear Apr 24 2025
Benefits of Membership

Australian Energy Council members have access to a range of industry benefits and services.

Latest Reports

Stocktake of Certificate Schemes
REPORT Continue Reading I  PDF

Stocktake of Certificate Schemes

Retailer certificate schemes have been growing in popularity in recent years as a policy mechanism to help deliver the energy transition. This report puts forward some recommendations on how to improve the efficiency of these schemes. It also includes a deeper dive into the Victorian Energy Upgrades program and South Australian Retailer Energy Productivity Scheme.

Apr 17 2025
Solar Report: Year of 2024
REPORT Continue Reading I  PDF

Solar Report: Year of 2024

The penetration of Australian rooftop photovoltaics (PV) in the energy market continues to rise and last year contributed 12.95 per cent (approximately 30,500 GWh) of the nation’s total electricity generation. This is an increase from 11.72 per cent (around 26,900 GWh) on the previous year, reflecting the growing role of rooftop PV in Australia’s renewable energy transition. In addition to the latest installation statistics, we take a look at other developments with rooftop solar, including the growing waste problem and the current payback period.

BY Carol Tran Mar 06 2025
AEMO's budget framework - analysis and options for change
REPORT Continue Reading I  PDF

AEMO's budget framework - analysis and options for change

The Australian Energy Market Operator (AEMO) recently submitted a rule change proposal in Western Australia to amend the way its budget is set. The changes would have resulted in a shift from a fully regulated model to a NEM-like unregulated approach. Stakeholders raised concerns the proposed rule change would reduce transparency and accountability, and Energy Policy WA rejected the proposal last week. At the same time AEMO lodged its rule change proposal, the Australian Energy Council engaged Rennie Advisory to identify the root causes for what have become AEMO’s unpredictable and steadily rising costs. This report by Rennie Advisory looks at AEMO’s rule change proposal, identifies issues within the budget framework and offers some options that could be considered.

Dec 12 2024
ISP NEM 2040 Model with VRE drought – will it be reliable?
REPORT Continue Reading I  PDF

ISP NEM 2040 Model with VRE drought – will it be reliable?

The market operator’s 2024 Integrated System Plan included a renewable drought scenario. Stress testing how the energy system will cope with VRE droughts well ahead of time is an important task, and the AEC has developed an internal model to consider how the grid might perform in these circumstances. While the model is still under development and refinement it highlights some serious challenges for the grid. We take a look.

BY Peter Brook Nov 28 2024
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