⚡ EEC Demands Overhaul of NEM Governance to Unlock Energy Transition
Jul 8
2 min read
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A new report by the Energy Efficiency Council (EEC) calls for a major reform of Australia’s National Electricity Market (NEM) governance, saying outdated frameworks are holding back the energy transition.
🧠 The Core Issue
📌 NEM governance is stuck in the past — misaligned with today’s complex energy needs📌 Fragmented responsibilities, poor demand-side coordination, and data gaps are slowing progress
📌 Reform is key to accelerating Australia’s clean energy shift and improving consumer outcomes
📝 What the Report Says
🔍 NEM Governance Reform: Options for the Future Electricity System
📊 Backed by EEC & RACE for 2030
🗣️ Based on expert interviews, research & cross-sector consultation
🚨 7 Major Governance Gaps
🤷♂️ Fragmented roles across market bodies
📉 Weak data collection & strategic advice
🧩 No clear demand-side integration
❌ Lack of whole-of-system vision
⚖️ Resource constraints on regulatory institutions
🙋♀️ Low consumer engagement
📉 Poor modelling & coordination across jurisdictions
🔧 What Needs to Change
✅ Clear roles for strategic leadership and market analysis
✅ Stronger funding for multi-party market bodies
✅ Improved data and modelling systems
✅ Embedded demand-side and consumer voices in governance
✅ Move from centralised 19th-century thinking to a 21st-century decentralised model
🗣️ Expert Voices
Luke Menzel, EEC CEO:
“We need to back energy professionals with the right institutions, resources and mandates to deliver a modern system that serves all Australians.”
Bill Lilley, RACE for 2030 CEO:
“It’s time to ditch outdated models. Governance must reward decentralisation, transparency and innovation.”
📅 What’s Next?
💬 Green paper now open for feedback from all energy stakeholders
📘 A white paper with firm reform recommendations expected by end of 2025
💡 EServices4U: Supporting Smarter Energy Governance
At EServices4U, we support a future-ready energy ecosystem. We help businesses and communities:
🔌 Align with evolving grid and market governance📊 Make smart, compliant energy decisions🛠️ Implement decentralised, demand-side energy projects💼 Navigate regulatory change in the energy space
Let’s build Australia’s 21st-century energy system — smarter, fairer, cleaner.
