KPMG's response to the review into the future security of Australia's National Electricity Market.
KPMG's response to the review into the future security of the National Electricity Market.
Australia’s chief scientist Dr Alan Finkel has released the findings of his Independent Review into the Future Security of the National Electricity Market (NEM) to mixed reviews.
Whilst this is touted to be the blueprint for Australia's electricity generation and transmission for the next 50 years, there has been much speculation as to whether these recommendations will be beneficial for all Australians.
KPMG has analysed the review and provided our own perspectives on these findings.
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Sustainability specialist Chi Mun Woo reflects on the potential impacts that may arise from delaying energy policy and climate change action.
We summarise the proposed fundamental changes to energy governance may shift the way the industry is regulated, and as such business operating models.
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Need for a clear policy to drive future investment.