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e-extra April 2020

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A round-up of the latest energy news including government responses to COVID-19 for households and businesses.

Record energy exports

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The March 2020 Resources and Energy Quarterly provides a 5 year forecast for Australia's resources and energy exports.

Future Direction in Energy Technologies

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At the Committee for Economic Development in Australia (CEDA) 'Future Direction in Energy Technologies' event, the Honourable Minister for Energy and Emissions Reduction, Angus Taylor, made a keynote address laying out key elements of the Australian Government’s long-term strategy for emissions reduction. The Minister discussed the role of the Technology Investment Roadmap in guiding the public and the private sector on what future energy and emissions-reduction technologies the government will prioritise.

New rules will protect consumers from large energy bill penalties

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Energy retailers will have to scale back the large financial penalties they currently charge consumers who pay late bills under new rules announced today by the Australian Energy Market Commission (AEMC).

The rules, which regulate the practice of ‘conditional discounting’, are designed to protect consumers with pay-on-time’ conditions in their energy contracts. This has been a common feature of energy market offers available to customers.

Currently, these conditions can lead to excessive charges and financial hardship for those who can least afford to pay.