The focus on reliability and security in the new National Energy Guarantee announced today has been welcomed by Energy Networks Australia, but policy stability is essential if we are to see downward pressure on energy bills.

“While the Government’s commitments to target reliability and system security are important, any policy can only succeed if it can garner a broad political commitment that lasts beyond a single election cycle,” Energy Networks Australian Interim CEO, Andrew Dillon said.

“The measures announced today will need careful review, but stable energy and carbon policy will help meet the grid modernisation challenge, keep the lights on and make power bills more affordable.