Assessing Federal Legislative Changes to Employee Share Schemes
This article focuses on recent measures taken at the federal level to renew Australia’s employee…
Yesterday the Energy Ministers of all States, Territories and New Zealand were chaired by the Federal Energy Minister to discuss immediate actions addressing the current energy pricing challenges in the National Electricity Market (NEM). The Energy ministers were briefed by the AEMO, AEMC and AER on the current volatility challenges faced in the NEM.
The Energy Ministers acknowledged the complexity of the soaring electricity prices and agreed that governments must be ready to implement further measures consistent with their domestic and international commitments.
Key New Energy takeaways:
Energy Senior Officials are tasked to prepare a new agreement to reset existing priorities, frameworks and governance to stabilise the New Energy transition further proposals in the Ministerial meeting in July.
We expect the July meeting to support existing reforms (including the ISP) and progress the Post-2025 market reform work. Lastly, we anticipate that there will be further discussion around a capacity market.
Please reach out to Matt Baumgurtel or Cedric von Duering if you would like to know more.
Matt Baumgurtel is the New Energy lead at Hamilton Locke.
Cedric von Duering is a lawyer in Hamilton Locke’s New Energy team.