19 December 2023 On Monday 18 December, the Capacity Investment Scheme South Australia-Victoria tender opened for bids. This follows the announcement on 23 November of the expansion of the Capacity Investment Scheme to target a total of 32 GW of new capacity nationally to be rolled out from 2024 to 2027. The tender is seeking… Continue reading Capacity Investment Scheme South Australia-Victoria tender open
Tag: Energy
Capacity Investment Scheme Expansion
On 23 November 2023, Minister for Climate Change and Energy the Hon Chris Bowen MP announced that the Albanese Government, in conjunction with the states, is expanding the existing Capacity Investment Scheme (CIS) and the National Energy Transformation Partnership (NETP) to support the delivery of more reliable, affordable and low-emissions energy. First announced in December… Continue reading Capacity Investment Scheme Expansion
Safeguard Mechanism Design
On Tuesday 10 January 2023, Federal Minister for Climate Change and Energy, Chris Bowen, released the Albanese Government’s proposed reforms to the Safeguard Mechanism. The proposal, outlined in a position paper and draft legislative rules available here, is the result of over nearly 6 months of consultation. Consultation on the proposed design then closed on… Continue reading Safeguard Mechanism Design
SEC Expert Advisory Panel
On 7 February 2023, the Andrews Labor Government in Victoria announced the appointment of an Expert Advisory panel to guide the revived State Electricity Commission (SEC). The SEC’s Expert Advisory Panel will be chaired by John Bradley, Secretary of the Department of Energy, Environment and Climate Action – and will also include Audrey Zibelman, Andy… Continue reading SEC Expert Advisory Panel
National Reconstruction Fund Corporation Bill 2022
On Wednesday 30 November 2022, the Albanese Labor Government introduced the National Reconstruction Fund Corporation Bill 2022 to the Australian Parliament. The Bill establishes the $15 billion National Reconstruction Fund (NRF), a key election commitment of the Labor Party at the 2022 Federal Election. In the October Budget, the Government allocated $15.0 billion over 7… Continue reading National Reconstruction Fund Corporation Bill 2022