AEMO report highlights need for new COAG Energy Council process

The release of the 2016 Electricity Statement of Opportunities (ESOO) today by the Australian Energy Market Operator (AEMO) highlights the need for Australian Energy Ministers to improve current processes for coordinating national energy and carbon policy.

Energy Networks Association (ENA) CEO John Bradley said the report did not change the need to decarbonise Australian energy – but it did identify the need for integrated carbon and energy policy and a planned transition to a cleaner energy system.

The AEMO report indicates the need to avoid potential reliability breaches occurring in South Australia from 2019-20, and New South Wales and Victoria from 2025 onwards.

“Australia’s transition to a cleaner energy system is non-negotiable. The AEMO report shows the need to anticipate threats to system reliability, security and price volatility,” Mr Bradley said.