Jun 20 2017

Electricity market assessment needs a credible policy solution

The most important role of government in fixing Australia’s electricity market woes is to establish efficient and durable national energy policy, the energy industry said today.

A new national review of the adequacy of generation supply in the National Electricity Market by the Australian Energy Market Operator (AEMO) will recommend what role governments should play in supporting new investment.

Australian Energy Council Chief Executive Matthew Warren said the most important role for government was to implement credible national energy policy that would enable the investment required.

“When governments directly intervene in markets they risk crowding out businesses and chilling investment,” Mr Warren said.

“We welcome the Federal Government working to resolve the energy crisis which has been brewing for the past decade.

“The first best solution is a policy platform that re-opens energy infrastructure for business. 

“The review of the security of the National Electricity Market by the Chief Scientist, Dr Alan Finkel, provided a workable blueprint to solve this policy challenge.”

About the Australian Energy Council

The Council represents 21 major electricity and downstream natural gas businesses operating in competitive wholesale and retail energy markets. These businesses collectively generate the overwhelming majority of electricity in Australia and sell gas and electricity to over 10 million homes and businesses.

Media contact             Carl Kitchen                0401 691 342

Related News


Australian Energy Council congratulates Daniel Westerman

The Australian Energy Council congratulates Daniel Westerman on his appointment as CEO and Managing Director of the Australian Energy Market Operator.

Feb 10 2021

New data shows solar shines despite lockdowns

Rooftop solar installation grew by 18 per cent nationally over the last year, according to the Australian Energy Council's latest Solar Report, which showed record growth in solar PV capacity and installations during 2020.

Feb 04 2021

Australian Energy Council congratulates Chris Bowen and thanks Mark Butler

The Australian Energy Council congratulates the Hon Chris Bowen MP on his appointment as Shadow Minister for Climate Change and Energy and thanks the Hon Mark Butler MP for his extensive work in the portfolio.

Jan 29 2021
Do you have a question or comment for AEC?

Send an email with your question or comment, and include your name and a short message and we'll get back to you shortly.

Call Us
+61 (3) 9205 3100