Nous recently hosted a virtual roundtable for 20 senior leaders from across the energy sector. The forum included representatives from government and industry, as well as the Australian Energy Market Operator and the Australian Energy Market Commission.
Lead by Nous Principal Steve Lennon, the forum explored the future of energy in the context of the recently released New South Wales Electricity Strategy and net zero plan and, of course, the implications of the COVID-19 crisis.
James Hay, Deputy Secretary, NSW Department of Planning Industry & Environment, opened the discussion with his insights. Hay emphasised the challenge facing the NSW Government with the expected closure of coal-fire powered generators in the next decade, and the need for a low-cost plan for transition and a credible emissions strategy for the state.
Richard Bolt, a Nous Principal and adjunct professor of energy transformation at Swinburne University, reflected on the discussion. He said:
“We’ve got a large challenge in moving our energy system to achieve net zero carbon emissions by 2050, while at the same time, keeping our energy supply secure, keeping our prices affordable, and managing the transitional impact on regional economies.”
Nous Principal Simon Smith added: “The most important thing to get right will be improving the speed of development consent and connections to the grid. Nous strongly supports the government's plan to bring case managers to expedite new project approvals through the system.”
Nous is committed to supporting Australia's transition to a clean energy future. Hosting this discussion reminded us how valuable it is to bring together leaders and voices from across the energy sector, to engage in rich discussion on this important agenda for Australia.
Read Nous’ point of view ‘Seizing the opportunity for an affordable, reliable and sustainable energy future for NSW’.