News

Feedback sought on reforming electricity grid

By Country News

Feedback is being sought on how Australia's electricity grid should be reformed to cope with the impending influx of renewable energy.

The Energy Security Board has released a consultation paper for public feedback focused on seven initiatives, including strategies for ageing thermal generation and consumers generating their own power.

“These initiatives consider almost all aspects of how electricity is generated and dispatched, how consumers can access the services they want and how investment can occur in the most efficient way to avoid unnecessary costs,” Energy Security Board chair Kerry Schott said.

“It is clear that the rules and market frameworks need to evolve to keep up with the accelerating pace of change, which is leading to security and reliability challenges and less than ideal outcomes for consumers.”

Submissions are open until October 19 with final recommendations to be made to Australia's energy ministers by mid-2021.

For information on how to create a submission, visit: http://www.coagenergycouncil.gov.au/publications/post-2025-market-design-consultation-paper-%E2%80%93-september-2020