“One of the opportunities that comes from a conference such as this, as the new administration settles in, is to revise and reiterate the concerns that both the supply industry and the consumers have got. The over-riding concerns is will we get a firmer sense of direction and a firmer commitment to cementing a change program.”
Mr Orchison’s preamble to the EAEMO echoed throughout the first day’s session.
Jeff Dimery, CEO of Alinta Energy called on both state and federal levels of government to look to South Australia as a “test pond” and a forerunner for what will occur nationally if policy does not catch up with evolution in the energy sector.
“We have all these wonderful policies and people on both sides of politics can claim what emissions targets they want to set, what renewable penetration they want in the market … but what they can’t tell you is how the market should be designed to cope with that. They haven’t looked at market design,” he said.
Alinta Energy in June announced it was shutting down its two Port August coal fired power plants amid some four years of negative cash flows brought on by the rapid uptake of renewables in South Australia and a glut in domestic power supply.