CEFC submission to the Independent Review into the Future Security of the National Electricity Market
7 March 2017
The CEFC is pleased to share our submission to the Independent Review into the Future Security of the National Electricity Market - commonly referred to as the Finkel Review. View the submission.
The CEFC was established to facilitate increased flows of finance into the clean energy sector. We support the development of a resilient, balanced and secure electricity system through our investment activities, which include large-scale renewable energy, energy storage and other initiatives. Our submission draws on our experience as a specialist clean energy investor to frame out a number of areas that would benefit from reform, including:
- Market design to support security and reliability
- Technology to transform the electricity sector
- Barriers to investment
The CEFC's CEO Oliver Yates said: "Australia's electricity
system is seeing significant new investment, with clean energy
solutions entering the market at increasing scale and price
competitiveness as we look to achieve an energy system that is
secure, affordable and sustainable. We are confident that
Australia's energy mix can incorporate higher levels of clean
energy with strengthened transmission, better demand management
systems and increased storage capacity, through a planned and
coordinated approach."
Media release, 2017