PLEA Network

7 October 2016, Renew Economy, Finkel to lead NEM review, but states hold to renewable targets. Federal and state governments have agreed to an independent inquiry into the rules governing Australia’s energy markets, but the states have resisted attempts by the Coalition to force them to back away from their individual renewable energy targets. The hastily called meeting, held in Melbourne after the Coalition decided to use the South Australia blackout to attack state-based renewable energy initiatives, broke up with no agreement about individual renewable energy targets. But they did agree to an independent review that the federal government says will provide a “blueprint” for Australia’s power security to be led by chief scientist Dr Alan Finkel. There will be two other members, although they have not been named. States expressed hope that the Finkel report would move towards a more integrated response and market framework. Finkel, a keen supporter of nuclear, has also expressed his interest in solar and storage. “My vision is for a country, society, a world where we don’t use any coal, oil, natural gas; because we have zero emissions electricity in huge abundance and we use that for transport, for heating and all the things we ordinarily use electricity for,” he said during a media event relating to his appointment. “With enough storage, we could do it in this country with solar and wind,” Finkel said at the time. The appointment of Finkel was pushed by South Australia. It was supported by other states, but they insisted for other members on the panel who had experience of energy transitions. Read More here