The final report from the Chief Scientist’s review on the future security of the national electricity market was provided to the Council of Australian Governments today.
It makes recommendations for a comprehensive blueprint to maintain energy security and reliability in the national electricity market.
AEMC Chairman, John Pierce, said today the Commission welcomed the report.
“We look forward to examining such a comprehensive report,” Mr Pierce said.
“We recognise the great potential of new technologies, products and services to benefit Australian consumers and our economy more generally; and we are pursuing a four-point strategy as the means to restore investor confidence, provide reliable supply and lower wholesale prices.
“Those four major areas of work are to promote system security while the system transitions to new technologies and renewables; provide analysis on integrating emissions and energy policy; continue the reform of gas market mechanisms and develop the new competitive energy services market to expand choices for energy consumers,” he said.
Media Contact: Prudence Anderson 0404 821 935 or (02) 8296 7817
About the Australian Energy Market Commission
The Australian Energy Market Commission is the independent body responsible to Australian governments for providing advice and making rules in relation to the electricity and gas sector.