Dr Finkel’s Review of the Security of the National Electricity Market at the Energy Futures Seminar

Smart Power attended this highly informative seminar last night sponsored by the Melbourne Energy Institute and The Grattan Institute.

Dr Alan Finkel provided an overview of the Review while Audrey Zibelman, CEO, Australian Energy Market Operator (AEMO) and Tony Wood, Energy Program Director at Grattan Institute gave their impressions on the Review, the political responses to it, and where they see the industry evolving to. This was followed by a question and answer session moderated by Sabra Lane, Chief Political Correspondent with the ABC.

My key take out from the seminar was that the most important thing the industry needs is energy and climate policy certainty to enable it to make the large investments required to replace an ageing generation portfolio. In Tony Wood’s words – “Any policy would be better than what we currently have.”

Listen to the Podcast of this seminar at the Grattan Institute’s page Energy Futures Seminar: Chief Scientist Alan Finkel’s Review of the Security of the National Electricity Market.