Federal government sets sights on August approval for National Energy Guarantee
- Written by Michael Hopkin, Section Editor: Energy + Environment, The Conversation
Federal energy minister Josh Frydenberg says he is confident of securing state governments’ support for the National Energy Guarantee, with a final decision now timetabled for August.
At a meeting today, state energy ministers agreed to progress towards a final version of the policy, which aims to ensure a reliable electricity supply while also cutting the sector’s greenhouse emissions by 26% by 2030.
Details of the policy were first unveiled in October 2017, after the federal government opted against Chief Scientist Alan Finkel’s recommended Clean Energy Target. It features two components: a “reliability guarantee” and an “emissions guarantee”.
Authors: Michael Hopkin, Section Editor: Energy + Environment, The Conversation