Australia’s Chief Scientist Dr Alan Finkel presented the Preliminary Report of the National Electricity Market (NEM) Security Review to COAG Leaders in Canberra last Friday. The Preliminary Report identifies the forces of change confronting the NEM and key questions to guide consultations on the development of a blueprint for our nation’s electricity future.
“The blackout in South Australia reminds us that our national electricity grid is under pressure and in need of urgent attention,” said Dr Finkel, Chair of the Review.
“We now have a once-in-a-generation opportunity to reform the electricity sector to maximise its resilience in the face of rapid market changes.
“The goal is to ensure we have a secure electricity supply, at an affordable price for all Australian consumers, while meeting our international obligations to lower emissions.”
You can download the report here.