AUSTRALIAN ENERGY TRANSFORMATION OR TOAST?
Thursday, 29 January 2009 22:07
The long-awaited draft decision on TEC’s carefully researched proposals for urgent energy reform, represents a first-time acknowledgment of the serious problems facing Australia’s highly inefficient electricity grid.
“The market is supposed to be regulated for efficiency, but instead rewards companies for selling more electricity, not less, which increases our greenhouse emissions,” said TEC senior campaigner, Ms Jane Castle, one of the authors of the TEC Rule Change package.
TEC suggests that the energy industry’s addiction to expanding its inefficient assets is driving the price of electricity sky high and working against climate policies such as the Carbon Pollution Reduction Scheme.
“We are all paying for this polluting waste,” said Castle. “Unless the AEMC requires electricity businesses to invest in energy efficiency and demand-management, prices will continue to rise, along with greenhouse emissions.”
Any individual can propose changes to the Rules which govern the AEMC. TEC is the first community group to do so.
stay tuned for TEC's analysis of the AEMC's response to the Rules Change Package
