AFR to Hold First National Energy Summit in October

The Australian Financial Review (AFR) has announced its first National Energy Summit which was created to dig into the country’s full potential for solar power, wind, and other renewables.

In a report, Energy Matters mentioned that the summit will focus on the reason why the country’s national electricity market is scrambling to implement clean, renewable energy sources. In their website, AFR stated, “While becoming one of the world’s biggest energy exporters, a decade of political division over climate change policy has undermined Australia’s traditional competitive advantage in cheap power generated from fossil fuels. A national carbon pricing scheme was dismantled before it could become fully operational. Yet renewed increases in electricity and gas costs threaten energy-intensive processing industries.”

The summit would also try to find common ground and re-establish stability to the national grid by incorporating a renewable program. It will have presentations and conduct discussions and Q&As with the personalities and influencers in the energy sector. Some of the speakers for the summit come from Australia’s regulatory organisations such as ACCC, Australian Energy Regulator, Australian Energy Market Commission, and Clean Energy Finance Corporation.

Pat Conroy, the Assistant Minister for Energy, New South Wales Energy Minister Don Harwin, and South Australia Premier Jay Weatherill will also attend the event.

The National Energy Summit also aspires to seek effective methods to avoid a repeat of the statewide energy system crisis in South Australia last year. “The national electricity market has struggled to cope with the mandated expansion of Australia’s potentially rich supply of solar, wind and other renewable energy sources, threatening the stability of the grid and blackouts such as South Australia’s state-wide system failure in September 2016. Technological disruption could destabilise the grid further or help it to accommodate more dispersed power sources,” AFR’s website indicates.

AFR’s first National Energy Summit is organised in partnership with Deloitte and will be held on October 9-10 at the Sofitel Wentworth Sydney.

To register and download the brochure, visit this website.