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posted on:
October
07
2016

COAG energy review a 'breakthrough'

 

Source: SBS, 7 October 2016


An independent review to create a blueprint for Australia's energy security has been given the go-ahead by the nation's energy ministers.


Federal Energy Minister Josh Frydenberg described Friday's emergency COAG energy council meeting as "extremely constructive" and a "breakthrough" in the national energy security discussion.


The meeting was called following a statewide blackout in South Australia during a damaging storm that downed transmission lines last week.


Chief scientist Dr Alan Finkel will lead the review with two deputies yet to be decided on.


The review will "create and develop a blueprint for energy security across the National Electricity Market," Mr Frydenberg said.


A preliminary report will be prepared for the December COAG energy council meeting before going to the leaders meeting and a final report will be delivered early in the new year.


The review was agreed on during a two-hour, ministers-only breakfast meeting before the council meeting with energy experts.


Mr Fyrdenberg said the SA blackout was "a wake-up call" for the ministers to respond collectively on energy security.


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