Is the National Energy Market Broken?
Josh Frydenberg’s current mantra is that there is plenty of time to settle on a clean energy target (CET) because the Finkel report said that it didn’t have to be in place until 2020 when the current renewable energy target expires.
The problem with this approach is that, by the time the CET is in place, the National Energy Market will be broken.
The big threat to the National Energy Market lies in the state policies of going it alone.
Leading the pack is South Australia which has adopted a go it alone policy which effectively exempts it from reliance on the national grid.
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