Original article by Angela Macdonald-Smith, Ben Potter
The Australian Financial Review – Page: 1 & 8 : 10-Oct-18
Power retailers will be required to guarantee a reliable electricity supply under a new proposal by the federal government. The proposal for a reliability mechanism – which was a key element of the national energy guarantee – will be put to the upcoming meeting of the COAG Energy Council. The reliability mechanism is one of the initiatives of Energy Minister Angus Taylor which are aimed at reducing electricity prices while ensuring a reliable energy supply as the proportion of electricity generated by renewables increases.
AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, COUNCIL OF AUSTRALIAN GOVERNMENTS. ENERGY COUNCIL, AUSTRALIAN LABOR PARTY, AGL ENERGY LIMITED – ASX AGL, HYDRO TASMANIA, ERM POWER LIMITED – ASX EPW, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, AUSTRALIA. ENERGY SECURITY BOARD, INTERGOVERNMENTAL PANEL ON CLIMATE CHANGE, QUEENSLAND. DEPT OF ENERGY AND WATER SUPPLY, VICTORIA. DEPT OF ENVIRONMENT, LAND, WATER AND PLANNING