Federal and state energy ministers have signed off on plans for a nationwide roadmap for the clean energy revolution.
Australia’s energy ministers have signed off on sweeping reforms to create a national transition plan to phase out fossil fuels, fund projects to bolster the electricity grid through all weather conditions, and empower the market operator to hold emergency stores of natural gas.
Bowen said the current crisis was a “result of poor planning and a previous government which didn’t see the opportunity [in] renewable energy”. “We agreed to work towards and to progress in the lead up to our next meeting in July a National Transition Plan,” Bowen said, adding that there was a “real spirit of consensus in the room”.
Speaking to media after the meeting, Bowen said the capacity mechanism was a “matter of urgency” and a draft policy would be prepared by the AEMO “imminently”.
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