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
Industry funding for financial counselling services
Earlier this week, the Federal Government and a group of industry bodies announced a partnership to co-fund an Industry Funded Financial Counselling body, designed to bring together industry and the financial counselling sector to enable better support for Australian consumers. We take a look at the announcement, and highlight some opportunities and risks for the funding body as it enters its development phase.
Some highs and lows: Investor sentiment
Some of the challenges being thrown up by the energy transition, in particular around approvals, capacity and supply chain constraints, skilled labour shortages and government interventions are being reflected in the latest assessment of investor sentiment towards the sector. We take a look.
SMR Cancellation: Major setback or hiccup?
The cancellation of the Carbon Free Power Project (CFPP) in Idaho which was expected to be the first commercial development of small modular reactor (SMR) technology in the US has been labelled a major setback for this nascent nuclear technology. NuScale’s design was seen as being at the forefront for commercialisation of SMR plant. So what happened? We take a look.
Energy Dynamics Report - A Tale of Minimum Operational Demand and Wholesale Price declines
The third quarter saw significant price declines compared with the corresponding quarter in 2022 right across the NEM. At the same time with increased output from solar and wind generation inin Queensland’s case, minimum operational demand records were set or equaled in every region. The quarter also saw the highest-ever level of negative price intervals with all regions showing an increase. We dive in to the pricing and operational demand detail of AEMO’s Q3 Quarterly Energy Dynamics Report.
Australian Energy Council members have access to a range of industry benefits and services.
Latest News
Peak Industry Body Appoints New Chair and Deputy Chair
The Australian Energy Council's Board has appointed AGL Energy's Managing Director and Chief Executive Officer, Damien Nicks, as its new Chair.
Latest Reports
Solar Report: Third Quarter 2023 
Our appetite for solar PV continues. At the end of the third quarter, Australia’s total installed solar rooftop capacity had reached 21.2GW. More than 68,000 new installations were added to the grid in the quarter with a total installed capacity of 620MW. In addition to the latest installation statistics, we take a look at other developments in the sector, including its levelised cost of energy and the average payback period for solar PV systems.
Solar Report: Second quarter 2023
At the end of the second quarter, Australia’s total installed solar rooftop capacity had reached a massive 20.5GW. More than 61,000 new installations were added to the grid in the quarter with a total installed capacity of 520MW. In addition to the latest installation statistics, we take a look at other developments in the sector, including its levelised cost of energy and the impact of recent interest rate rises on the average payback period for solar PV systems.
Form of the Reliability Standard
Since market start the NEM has used a single and simple outcome metric for its reliability standard: “Unserved Energy” (USE). Essentially, we target an average of no more than 10.5 minutes off supply per customer per year from rotational load-shedding. In response to a Reliability Panel Review, the Australian Energy Council has published a report by Endgame Economics that theoretically contemplates the appropriateness of the existing standard in the transitioning power system and concludes that the existing simple USE output form approach remains the best approach for the future power system, just as it is in the current power system.
Solar Report: First Quarter 2023
The Australian Energy Council’s latest Solar Report highlights the continued growth in the role of rooftop solar within the grid. It is fast catching up to coal as Australia’s biggest generation source by capacity. We look at the latest installation figures for solar PV, battery as well as international developments.
Latest Submissions
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Submissions I PDF
DISER Future Gas Strategy – Consultation paper
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Submissions I PDF
Facilitating timely connection of critical projects
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Submissions I PDF
Default market offer prices 2024–25 issues paper
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But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account. #Exercitation #IIamc
But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer. #Exercitation #IIamc
But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account. #Exercitation #IIamc
But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer. #Exercitation #IIamc
But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account. #Exercitation #IIamc