Thursday, 2 September 2021
Environment and Communications References Committee; Reference
At the request of Senator Waters, I move:
That the following matter be referred to the Environment and Communications References Committee for inquiry and report by 30 November 2021:
The future of the National Electricity Market, including any changes necessary to deliver a secure, reliable and least cost electricity system, and with particular reference to:
a. the post-2025 market design final advice of the Energy Security Board; and
b. any related matters.
The government will be opposing this motion, as this is nothing more than an attempt to circumvent and undermine the collaborative work of the Commonwealth and all state and territory governments which has been undertaken through the Energy Security Board. The ESB's advice on post-2025 market design is the culmination of two years work and extensive consultation. Their proposed reforms have been warmly welcomed, including by CFMEU Mining and Energy and the Australian Workers Union, as critical to securing Australia's manufacturing sector. The ESB estimates that these reforms could save consumers $1.3 billion. Running a parallel Senate inquiry into a major public consultation will undermine much-needed work to reform the NEM and demonstrates that the Greens prioritise grandstanding on climate change over the national interest.