{"id":72790,"date":"2023-03-27T06:38:27","date_gmt":"2023-03-26T20:08:27","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=72790"},"modified":"2023-03-27T06:38:27","modified_gmt":"2023-03-26T20:08:27","slug":"minns-energy-nsw-mb2875","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/minns-energy-nsw-mb2875\/","title":{"rendered":"NSW’s Fresh Start: A New Era for Energy, Or More Of The Same?"},"content":{"rendered":"

\"Chris<\/p>\n

With NSW Labor led by Chris Minns seizing power in New South Wales, what lays ahead for renewable energy, emissions reduction and electricity bills?<\/p>\n

NSW Labor went into the election with its “Fresh Start Plan”. On energy, emissions and renewables, it primarily consists of:<\/p>\n

NSW Energy Security Corporation<\/h2>\n

The incoming Minns Labor Government has committed to creating the NSW Energy Security Corporation<\/a>. This is to be a state-owned body with a mission to accelerate investment in renewable energy assets.<\/p>\n

Seeded with a $1 billion investment from the existing Restart NSW Fund, the NSW Energy Security Corporation will partner with industry on projects including medium to long duration renewable storage solutions such as pumped hydro, and community batteries to maximise benefits of rooftop solar.<\/p>\n

Enshrining Emissions Targets Into Law<\/h2>\n

Currently, NSW has aspirational emissions reduction targets. NSW Labor introduced a private members bill back in 2021 to legislate these targets, but this was unsuccessful.<\/p>\n

Labor has committed to legislating targets including net zero by 2050 and an interim 50% reduction on 2005 carbon emissions levels by 2030.<\/p>\n

Net Zero Commission<\/h2>\n

The Minns Government will establish the “Net Zero Commission”, which will be charged with the task of developing the net zero plan and monitoring its progress; including impacts on employment and energy prices.<\/p>\n

Power Bill Sugar Hit (For Some)<\/h2>\n

And on the issue of energy prices and short-term relief, households receiving income support, pensioners, Seniors Health Card holders and Family Tax Benefit recipients will receive a $250 rebate in several instalments over a year. However, under a re-elected Liberal and Nationals Government, every household in NSW would have been eligible under a scheme similar to that in Victoria.<\/p>\n

Who Will Be The New NSW Minister For Energy?<\/h2>\n

That is yet to be confirmed. Jihad Dib<\/a> has been the Shadow Minister for Energy and Climate Change, and it’s widely expected he will take over the Energy portfolio from outgoing Energy Minister, Matt Kean.<\/p>\n

Keening For Kean<\/h2>\n

Matt Kean<\/a> wasn’t the Messiah, nor was he a very naughty boy. But he was a true believer in renewables. RenewEconomy’s Giles Parkinson has opined<\/a> the loss of Matt Kean as the state’s minister for energy “is a potential disaster for Australia\u2019s energy transition, although it does not need to be.”<\/p>\n

Some had hoped Mr. Kean would take a crack at the NSW Liberal leadership given Dominic Perrottet is stepping down. But Mr. Kean said yesterday he had decided to not throw his hat in the ring as he wishes to spend more time with his family. And good luck to him.<\/p>\n

Filthy Elephants In The Room<\/h2>\n

While there’s hope and indications a Minns Government will build on the Perrottet Government’s renewables legacy, the fossil fuel minefield remains.<\/p>\n

One of the issues is the future of the coal-fired Eraring Power Station\u00a0 – the state’s largest power station and an emissions-spewing monster. In February last year, Origin Energy announced its intentions to close down Eraring Power Station<\/a> in August 2025, 7 years early. But early this month Mr. Minns created a stir when he said he would consider buying back Eraring, and potentially keep it running past 2025.<\/p>\n

Another particularly thorny issue is the Narrabri gasfield project<\/a>. The Australian Petroleum Production & Exploration Association (APPEA) is already calling on<\/a> the incoming government to enable investment in new supply, and specifically mentioned the controversial project.<\/p>\n","protected":false},"excerpt":{"rendered":"

With NSW Labor led by Chris Minns seizing power in New South Wales, what lays ahead for renewable energy, emissions reduction and electricity bills?<\/p>\n","protected":false},"author":17,"featured_media":72791,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-72790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nNSW's Fresh Start: A New Era for Energy, Or More Of The Same?<\/title>\n<meta name=\"description\" content=\"With NSW Labor seizing power in New South Wales, what lays ahead for renewable 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NSW's Perrottet Government has been tapping into this ahead of the state election. On Saturday morning, the Perrottet Government pledged to set up\u00a0 a $1.5 billion Clean Energy Superpower Fund, assuming it's re-elected. This will be comprised\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"NSW Clean Energy Superpower Fund","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/clean-energy-superpower.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/clean-energy-superpower.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/clean-energy-superpower.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/clean-energy-superpower.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/clean-energy-superpower.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":28787,"url":"https:\/\/www.solarquotes.com.au\/blog\/nsw-coalition-labor-solar-mb0978\/","url_meta":{"origin":72790,"position":2},"title":"More Solar Pledges From NSW Coalition And Labor","author":"Michael Bloch","date":"March 18, 2019","format":false,"excerpt":"In New South Wales, the Coalition and Labor have sweetened the pot in the leadup to this Saturday's election in a bid to attract more solar-supporting voters. It appears at this stage it will be a close race, with the two major parties pretty much tied on the two-party preferred\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Labor vs. Coalition - solar energy","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/03\/labor-coalition-solar.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/03\/labor-coalition-solar.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/03\/labor-coalition-solar.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/03\/labor-coalition-solar.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/03\/labor-coalition-solar.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":28130,"url":"https:\/\/www.solarquotes.com.au\/blog\/nsw-labor-solar-skills-mb0948\/","url_meta":{"origin":72790,"position":3},"title":"NSW Labor’s Latest Solar Power Pledge – Solar Skills Program","author":"Michael Bloch","date":"February 21, 2019","format":false,"excerpt":"A Labor Government in New South Wales will invest $11 million to train and accredit the thousands of electricians that will be needed for work generated by the party's Solar Homes Policy. Earlier this month, NSW Labor leader Michael Daley committed to a rebate of up to $2,200 per instance\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"NSW Labor Solar Skills Program","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/labor-solar-skills.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/labor-solar-skills.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/labor-solar-skills.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/labor-solar-skills.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/labor-solar-skills.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":26392,"url":"https:\/\/www.solarquotes.com.au\/blog\/nsw-renewables-progress-mb0854\/","url_meta":{"origin":72790,"position":4},"title":"NSW Energy Minister Spruiks Renewables Achievements","author":"Michael Bloch","date":"December 7, 2018","format":false,"excerpt":"New South Wales' Minister for Energy and Utilities Don Harwin outlined renewable energy progress in the state at the NSW Smart Energy Summit on Tuesday. The state was graded a C on the Climate Council's 2018 Renewable Energy Scorecard, but Minister Harwin may disagree with that assessment judging by his\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Wind and solar power in New South Wales","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/nsw-solar-wind.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/nsw-solar-wind.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/nsw-solar-wind.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/nsw-solar-wind.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":23717,"url":"https:\/\/www.solarquotes.com.au\/blog\/community-renewables-nsw-mb0717\/","url_meta":{"origin":72790,"position":5},"title":"Funding For Renewable Energy Projects In NSW Regional Communities","author":"Michael Bloch","date":"August 22, 2018","format":false,"excerpt":"$85 million has been earmarked by the NSW State Government for clean energy programs in the state's regional communities. Announced yesterday by New South Wales Premier Gladys Berejiklian, the projects will help reduce power bills in beneficiary communities and also pressure on the grid, which will assist in lowering future\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Community renewable energy - New South Wales","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/community-renewables-nsw.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/community-renewables-nsw.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/community-renewables-nsw.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/community-renewables-nsw.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/72790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=72790"}],"version-history":[{"count":3,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/72790\/revisions"}],"predecessor-version":[{"id":72794,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/72790\/revisions\/72794"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/72791"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=72790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=72790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=72790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}