The International Energy Agency Review: Are state and territory energy policies evolving in in an “unco-ordinated manner leading to fragmented markets and suboptimal outcomes”?

AU Energy Compliance, Uncategorized
A couple of weeks ago the International Energy Agency (IEA) released a lengthy report (250 pages) on their review of energy policy in Australia - The International Energy Agency Review (http://www.iea.org/publications/freepublications/publication/EnergyPoliciesofIEACountriesAustralia2018Review.pdf).   Photo by Jeremy Bishop on Unsplash By Dr Drew Donnelly, Compliance Quarter.  The scope of this review, set by the Commonwealth Government, was to analyse the lessons that Australia can learn from other countries’ experiences in transiting to a low-carbon energy market. The Commonwealth Government mandated two special focus areas: • the growing role of Variable Renewable Energy (VRE) in the Australian energy market; • the role that natural gas can play in the transition to a low-emissions environment. Today’s article is a deep dive into the recommendations contained in this report (the International Energy Agency Review) and our assessment of…
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