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Explained: how the National Energy Guarantee works

Ben Potter

The National Energy Guarantee (NEG) aims to combine the goals of reliable electricity and lower carbon emissions in a single policy.

The Energy Security Board (ESB) has bent over backwards in its draft "high-level" design to accommodate fears that the NEG would destroy the electricity contracts market and entrench the market dominance of big power – EnergyAustralia, Origin Energy and AGL Energy.

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Ben Potter writes on energy, climate change and innovation, and has been Washington correspondent, opinion editor and companies editor. Connect with Ben on Twitter. Email Ben at bpotter@afr.com

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    Original URL: https://www.afr.com/news/explained-how-the-national-energy-guarantee-works-20180413-h0ypih