The State election underway in South Australia is underlining the Government’s intention to continue to “lead the race” on renewable energy deployment. The question is – a race to what end?
A major energy conference this week heard from policymakers, regulators, energy users and companies right across the supply chain, and beyond the broad agreement that there is, now more than ever, an urgent need for policy stability and certainty, the role of natural gas was high on the agenda.
If the chairman of the ACCC, Mr Rod Sims is right, then Australia is about to take the almost unprecedented step of interfering with export contracts to redirect gas to the domestic market.
Victoria’s irrational anti-gas stance may be starting to crack. This week the Federal Opposition Leader, Bill Shorten, urged Victorian Premier Daniel Andrews to “turn on the gas taps”, as The Australian put it.
Federal Energy and Environment Minister Josh Frydenberg will apply the Finkel blowtorch at today’s meeting of State and Territory energy Ministers – and a particular emphasis will be on his home State, Victoria.
Queensland Premier Anastacia Palaszczuk grabbed for the political high ground following last week’s Commonwealth announcement of its intention to proceed with LNG export caps if there is a shortage of natural gas on Australia’s East Coast.