The Finkel Report and Australia's Energy Future
Australia has long found competitive advantage in the abundance of energy available to its industry and domestic population, however the shift from fossil fuels to renewable energy has led to challenges as scale, distribution and network reliability have not met the changing requirements.
Following the recent Finkel Review, Australia is setting a course to better facilitate the change, develop and execute it more effectively. This includes the need to balance the competing needs to keep costs low and meet reducing carbon footprints while delivering certainty in supply and importantly for investors as they look to build new capacity in the market.
This was a very lively and frank discussion of the current state of play in the energy story.
To revisit the discussion, go to our AV Library : click here
The Photo Library has some memorable photos : click here
Chloe Munro - member of the panel for the Independent Review into the Future Security of the National Electricity Market (‘the Finkel Review’)
Danny Price - Founder & Managing Director, Frontier Economics
Ivan Slavich - CEO, Energy Action Limited
Moderator: David Blowers - Energy Fellow, Grattan Institute
Chloe Munro (pictured) was until recently the Executive Chair of the Clean Energy Regulator, the independent statutory authority established to administer the carbon pricing mechanism and other key pieces of Australia’s climate change legislation.
Danny Price is a leading expert in energy economics, with extensive experience advising governments, regulators, private utility companies and investment firms. He specialises in power sector modelling, power trading and hedging, performance assessments, industry reform, regulation, asset sales and acquisitions, and greenhouse policy, and has led a number of major projects on energy industry regulation and reform in Australia.
Ivan Slavich has extensive experience in the energy sector, with over 22 years in a variety of senior management and executive roles at AGL Energy and ActewAGL. During this time, ActewAGL cemented its place as the pre‐eminent energy retailer in the ACT and the Capital Region, with outstanding customer retention and bundling of innovative services with TransACT. Ivan also served as the CEO and later Chairman of TransACT Communications. He was instrumental in the sale of TransACT to iiNet and was subsequently a member of the iiNet executive team.
David Blowers has extensive experience developing both energy and broader public policy in both Australia and the UK. He has spent the past three years working on energy and earth resources policy for the Victorian State Government, where he recently led the review of the Victorian Energy Efficiency Target scheme.