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.
