Media Release: Energy experts welcome new push on energy performance to slash bills and emissions 10 November 2022
The Energy Efficiency Council (EEC) has welcomed today’s release of the Australian Government’s National Energy Performance Strategy consultation paper.
As foreshadowed last month by Assistant Minister Jenny McAllister at the 2022 Energy Efficiency Summit, the Strategy will help homes and businesses cut their energy bills by getting more value out of every unit of energy they use.
A global study released in early 2022 found that Australia’s energy efficiency performance is the worst in the developed world, leaving Australian homes and businesses more vulnerable to current high energy prices.
Speaking from COP27 in Egypt, EEC CEO Luke Menzel welcomed the release. “The crisis that has engulfed global energy markets will be with us for years. Improving our energy performance is the only way to shake its hold on our economy, and set up our homes and businesses for a prosperous, net zero future.”
The consultation paper outlines a range of areas for improvement in our energy performance, from residential and commercial buildings to industry and energy market governance. The paper also seeks feedback on whether Australia should set an ambitious target for energy performance.
Mr Menzel applauded the Government’s interest in addressing energy market rules that make it harder for energy efficiency and demand management to contribute to lower costs and emissions.
“Our current energy market settings aren’t working. They need to be revamped, now more than ever, to ensure we cover all bases. Electrification, smart energy management and renewables all have a critical role to play in keeping bills down over time. It is great to see the Government exploring all the options available to kick-start a step change in energy performance in Australia.”
The EEC also welcomed the paper’s emphasis on developing skills and supply chains – two areas that will need significant attention to ensure the success of the strategy.
Contact: Tim Fisher, Head of Engagement email@example.com 0414 893 313