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ARTICLE · 04 JUNE 2018

Emerging issues for the Australian resources and energy sector in 2018: Part 3

The article is part of a series on proposed reforms and new developments in the Australian energy and resources industry.

AustraliaEnergy and Natural Resources

RENEWABLES, ENERGY AND CLIMATE POLICY REGULATION

Penetration of renewable energy

The continued debate around renewable development policy in Australia has seen the Federal Government and the various states and territories move at different speeds into a full embrace of renewable and low emission energy technology.

The Finkel Blueprint

The final report of the independent review into the future security of the National Electricity Market (NEM) led by Dr Alan Finkel AO – the Blueprint for the Future – was released on 9 June 2017. The Council of Australian Governments (COAG) Energy Council comprising Commonwealth, State and Territory Energy Ministers met on 14 July 2017 and agreed a series of actions in response to the Finkel Blueprint. Ministers reaffirmed their priority for secure, reliable and affordable energy for all Australians while reducing emissions. All Finkel Blueprint recommendations were supported by State and Federal governments except for the

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