Regulators flag delays to 16 energy reform projects as fossil fuel interests dig in

RENEWECONOMY | The key regulators and rule-makers that govern Australia’s increasing redundant electricity market have flagged potential delays to 16 different reforms because of the Covid-19 pandemic, in a move that will shield incumbent fossil fuel generators from increased competition from new technologies.

The Australian Energy Market Commission, along with the Australian Energy Regulator and the Australian Energy Market Operator, have already proposed an additional one year delay to the switch to 5-minute settlement, a change considered essential to encourage more big batteries and demand management, and to put an end to the rorting of the 30-minute settlement period by coal, gas and hydro generators.

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