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30 April 2021 The Energy Security Board delivered a series of options for redesigning the national electricity market on Friday, but many energy industry players say the package has left some significant gaps in its proposed reforms, including addressing the sector’s greenhouse gas emissions. “What should have been a pathway to steer the energy market towards net zero emissions is underwhelming in its vision. Instead, it proposes not only significant changes that delay the transition, but more importantly, recommendations that result in higher energy prices for consumers,” Stephanie Bashir from Nexa Advisory told RenewEconomy. “The ESB’s Physical Retailer Reliability Obligation recommendations, if approved by the States, would require retailers to buy and surrender certificates from firm generators, effectively creating new revenue streams for coal and gas-fired generators.”

New south walesChris bowenKane thorntonStephanie bashirLynne gallagherMichael mazengarbSimon corbellKerry schottTristan edisClean energy councilClean energy investor groupEnergy consumers australiaAustralian energy market operatorGreen energyEnergy security boardNexa advisory