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ARTICLE · 01 JUNE 2018

National Energy Guarantee (NEG) update

Corrs Chambers Westgarth
Corrs Chambers Westgarth
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The ESB is now tasked with filling in the finer detail of the NEG to present its final design to the COAG Energy Council.

AustraliaEnergy and Natural Resources

Last month, the National Energy Guarantee (NEG) got the amber light from the Coalition of Australian Governments (COAG) Energy Council to progress to the next stage of its development. The Energy Security Board (ESB) is now tasked with filling in the finer detail of the NEG in order to present its final design to the COAG Energy Council in August. Last week the ESB released a series of Issues Papers that will facilitate discussion with State representatives and the ESB Technical Working Groups on some of the most significant design issues. So, as the NEG begins this second design phase, it's a good time to look back at how far the NEG has come and consider what the road ahead looks like.

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