What we need is leadership – a warning from the Chief Scientist
The Chief Scientist’s report, discussed at COAG in December 2016, includes the following statement:
‘Governance matters. Effective energy market governance is essential for managing the transition that is currently underway. Strategic policy leadership is urgently required to resolve the tensions that currently exist between energy and emissions reduction policies. A failure to advance reform of the NEM, to improve the resilience of the system and better integrate renewables, will heighten the risk of repeated events like the blackout in South Australia, to the detriment of energy consumers and the economy as a whole.’