COAG meeting: impact for New South Wales

With the dust yet to settle from August’s COAG Energy Council meeting, what does it all mean for New South Wales?

Following the year’s second COAG energy council meeting last week, New South Wales Minister for Industry, Resources and Energy, Anthony Roberts stated “A number of key reform steps have been agreed to support innovation in the market, including how it can assist the uptake of battery storage and assist in integrating renewable energy in the National Energy Market…These measures will also be supported by the New South Wales Government’s work to develop an Advanced Energy Strategy, in order to continue an affordable and reliable energy future for New South Wales.”

But meeting this goal must consider all stakeholders of the state’s energy system and how they interact. It must consider all possible technologies and cost-effective approaches for a smooth transition.

The theme of the Re-Powering NSW Conference, being held 25–27 October, is exactly this. The event is gathering a large number of the state’s stakeholders and covering a broad range of topics to address the state’s transition to a low carbon environment. Industry, investors, policymakers, researchers and academia will explore the most suitable and efficient ways to design, finance and build better and more sustainable the future energy systems for the state of New South Wales.

Keynote presentations will identify and seek to address the flaws and gaps across aspects including policy, investment, technology, attitudes, management and security. Industry leaders will examine new thinking about the structure, processes and policies that are needed to ensure effective integration between different parts of the energy system, from end users to resources.

Panel discussions will address the challenges on every stakeholder’s minds:

  • What can lessons from other states tell us about the challenges the energy system faces, successful approaches and unintended consequences?
  • How can the cost of energy systems be optimised and what needs to happen to drive a step change in investment?
  • What are the commitments and conflicts that will emerge and develop over the next 10 years?
  • How can the transition to a low carbon system be best managed to minimise the risks arising from stranded assets and incorporate appropriate attribution of transition costs?
  • What are the different approaches to energy policy and what is driving them?
  • What can be learnt about technology and its implementation as we move to a more integrated, intelligent energy system?
  • What sort of societal change is required for the State and where is societal engagement working?
  • What roles do emerging technologies play and what are their development and implementation trajectories?
  • How will people’s use of and attitudes towards energy change and what will be the drivers in this evolution?
  • Where are non-energy technology breakthroughs coming from and what parallel lessons can be learnt?
  • How will the role of states and institutions in policy and regulation evolve to incorporate change?

With discussions led by the conference chairs – Keith Orchison, former APPEA and ESAA chief executive, and Andy Lloyd, Chair, Energy Policy Institute of Australia – Re-Powering NSW is a unique chance to gain insight and analysis from industry leaders, entrepreneurs, financiers and policy makers, all under one roof.

For full details on speakers, the agenda and more at the Re-Powering NSW conference 2016, please download a conference brochure here.

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