Energy Policy
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A Reliable, competitive
& secure energy supply
Which underpins economic growth
to the benefit of our community
Policy Objectives
- Recognises that Australia needs a reliable, secure and
competitive energy sector to facilitate industry growth
- Recognises that the Australian Government has a strategic
national role to play in the development of energy policy,
while the State and Territory role is primarily one of regulation
- Supports the development by government of a comprehensive, integrated, long term, market responsive and output-based energy policy that promotes a fully
contestable national grid with full inter-connectedness
- Expects that a national energy policy should underpin Australian Government policy responses to a
range of issues including investment, infrastructure, innovation, transport, regional development and
climate change
- Advocates a competitive market in the generation, transmission and sale of all forms of energy
- Supports an assessment of Australia’s long term energy needs to ensure an appropriate supply of
energy to meet the demands of industry
- Calls on government to encourage a more streamlined energy regulatory environment so that
industry is not burdened with duplication, inconsistencies and competing aims
- Encourages further outcomes in electricity and gas market reforms so that there is greater competition
between generators, suppliers and retailers of electricity
- Supports effective price competition between energy sources to enable industry to more effectively
compete in the global market place
- Expects that market forces over time will broaden the source and fuel mix of Australia’s energy base
leading to less reliance on coal as an energy source
- Seeks the identification of impediments to investment in energy infrastructure so that strategies can
be developed to encourage greater investment in Australia’s energy sector
- Supports the application of the principles of sustainable development to the development of the
energy sector. Environmentally sound technologies that are clean, efficient and sustainable should
be utilised wherever possible
- Recognises that innovation and the implementation of new technologies by industry will create
improved energy management and greenhouse performance
- Advocates a lead role for Australia in promoting reform of energy markets in the Asia region