Federal and state ministers have run out of time to extend their talks on a national energy deal as a peak regulator warns that any further delay will leave the electricity grid without the stronger reliability rules it needs next year.
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| Time is running out for Environment and Energy Minister Josh Frydenberg to strike a deal with the states. |
The warning heightens pressure on all sides to strike an agreement on the National Energy Guarantee at a crucial meeting on Friday amid a growing policy split that could destroy the plan.
Any delay to an agreement risks leaving the national electricity market without the reliability safeguards that are meant to be in place by July 1 next year, in time for future challenges including the closure of the Liddell power station.
Read the story from The Age by David Crowe - “Deadline warning as ministers split on energy deal.”
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