The Australian Energy Council commissioned Marsden Jacob Associates (Marsden Jacob) to undertake an assessment of the current and proposed revenue streams for generators in the Wholesale Electricity Market (WEM) and whether they provide revenue adequacy to support the industry as it transitions. Recommendations on measures to send the right investment signals are provided.
Affordability is the key to ensuring public confidence and ongoing community support for the energy transition, which is now delicately balanced, according to the Chief Executive Officers of Australia’s major energy companies. A survey of the CEOs - Delivering Australia’s energy transition affordably – highlights the challenges in meeting the country’s energy and emission ambitions.
The energy transition is afoot Australian as governments commit to reducing emissions from the electricity sector by transitioning away from legacy coal generation towards a mix of renewable energy, storage and peaking generation. Maintaining electricity system reliability, security and affordability through this transition requires proactive long-term planning to ensure enabling infrastructure is developed when and where needed. This report considers the West Australian transition and the risks from any delays.
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.
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