The National Energy Guarantee (NEG) was an energy policy proposed by the Turnbull Government in October 2017, which imposed two obligations on energy retailers. The ‘emissions obligation’ set a target to reduce greenhouse gas emissions in the electricity sector by 26% on 2005 levels by 2030. The ‘reliability obligation’ required retailers to supply sufficient quantities of reliable, dispatchable power to the market.
Energy Transition & Zero Carbon Technologies; GHG Emission Regulation
In 2018, the Energy Security Board held a public stakeholder forum, and received over 100 submissions from industry and other organizations to a consultation paper on the proposed policy. The NEG was subsequently abandoned in 2018, although the reliability component was revived and legislated in 2019 under the federal Retailer Reliability Obligation.
The table below lists the entities tracked by InfluenceMap which have publicly engaged with the policy. InfluenceMap tracks around 300 companies and 150 industry associations globally. Each entity links back to the entities’ full InfluenceMap profile, where the evidence of its engagement can be found.
|Influencemap Performance Band||Organization||Engagement Intensity|
|D+||BHP||37||Metals & Mining||Oceania|
|D+||Business Council of Australia||48||All Sectors||Oceania|
|E+||Australian Petroleum Production & Exploration Association (APPEA)||38||Energy||Oceania|
|E+||Minerals Council of Australia (MCA)||43||Metals & Mining||Oceania|
|E+||Australian Chamber of Commerce & Industry||18||All Sectors||Oceania|
|C||Australian Industry Group (Ai Group)||51||All Sectors||Oceania|