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ARTICLE · 28 JUNE 2017

Securing our energy future: Practical considerations of the Finkel Report

Corrs Chambers Westgarth
Corrs Chambers Westgarth
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This is a brief look at some key recommendations of the Finkel Report with practical thoughts about its implementation.

AustraliaEnergy and Natural Resources

The release of Dr Alan Finkel's Independent Review into the Future Security of the National Electricity Market (Report) marks a climax in the on-going discussion surrounding Australia's energy future.

The Report is a blueprint for the government, offering a clear pathway for energy policy. The task was (and still is) a complex one.

In the context of a country which is trying to balance;

  • climate change and the global shift to renewables;
  • reliability and security of energy sources; and
  • the cost of energy to consumers,

the Report looks to provide a clear and focussed way forward.

The recommendations are currently being considered by Commonwealth and State governments and will require a level of cooperation from all parties if there is to be any real benefit. Let's take a brief look at some of its key recommendations before posing some practical questions (and one or two suggestions) about its implementation.

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