A Labor government would overhaul National Energy Market rules to better serve consumers and relax renewable energy investment thresholds to get more capital flowing into electricity storage projects.
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| Bill Shorten wants to relax the rules around renewable energy investment. |
Opposition Leader Bill Shorten is also pledging to create Renewable Energy Zones – geographic areas with the right resources, topography and developer interest to drive cost-effective renewable projects.
In a speech to be delivered to the Australian Financial Review's National Energy Summit in Sydney on Monday, Mr Shorten will also reiterate Labor's willingness to negotiate with the Turnbull government a "fair dinkum" clean energy target.
"This does not mean compromise at any cost. A framework that isn't fair dinkum will not receive our support," Mr Shorten will tell the conference
Read Adam Gartrell’s story in today’s Melbourne Age - “Bill Shorten pledges overhaul of energy market and renewable investment rules.”
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