The patchwork of state and territory emissions targets and the interplay of gas and electricity markets may for the first time be incorporated in the blueprint for the energy market, under an urgent review to help get the Albanese government’s timeline for the energy transition back on track.

Rio Tinto chief executive Jakob Stausholm warned last week that the mining giant’s NSW and Queensland aluminum smelters could not continue relying on coal-fired power and a low carbon solution for the grid had to be found before 2030, underscoring the urgency of achieving the government’s ambitious emissions and renewable energy targets.