ALERT: ACCUs in the NEG – A carbon price by any other name?

NEG to establish ‘de facto’ carbon price and abatement pathway for power sector

Assuming the effective design and implementation of a final policy framework, the government’s announced National Energy Guarantee (NEG) provides an alternate approach to maintain reliability in the NEM, and contribute to Australia’s emissions reduction commitment under the Paris Agreement.

Below we outline our initial analyst response and implications for energy and carbon market dynamics.