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ARTICLE · 14 JUNE 2017

Blueprint for future energy security and transition to cleaner energy mix

McCullough Robertson
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Energy market participants, including generators, retailers, financiers and service providers, should read the article.

AustraliaEnergy and Natural Resources
Louise Horrocks
Louise Horrocks
Damien Clarke
Damien Clarke
Tim Hanmore
Tim Hanmore
John Kettle
John Kettle
Brittany Parker
Brittany Parker
Michael Roche
Michael Roche
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WHO SHOULD READ THIS

  • All energy market participants including generators, retailers, financiers and service providers.

Background

The Panel which conducted the independent review into the future security of the National Electricity Market (NEM) has released its final report, Blueprint for the Future (the Blueprint), also dubbed the Finkel Review, for the Panel's chair, Australian Chief Scientist, Dr Alan Finkel AO.

The Blueprint proposes regulatory changes in order to achieve the objective of a "secure, reliable and affordable electricity system". The Blueprint also ventures into climate change policy by proposing a technology-neutral Clean Energy Target (CET) designed to reduce emissions from the electricity sector by 28% below 2005 levels by 2030, with a long-term aim of zero emissions in the second half of the century.

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