The South Australian Energy Plan appears to be a considered and comprehensive approach to meeting current challenges in the market.
The Plan outlines the key issues facing South Australia with regard to being a world leader in the integration of renewables. Energy security and reliability are likely to be enhanced as a result of this package.
AGL looks forward to working with the South Australian Government on these reforms and is pleased that the Government recognises the vital need to secure more gas to assist in the energy transition. Increased gas supply is a key way of improving energy competitiveness for South Australian businesses and households.
Whilst national reform of the energy market architecture is urgently required, these South Australian reforms will address some key issues required for the more cost effective integration of increasing renewable energy generation and the foreshadowed integration into a national Energy Intensity Scheme is welcomed.