Energy Security Board – Final Detailed Design of the National Energy Guarantee

In August 2018, the Energy Security Board (ESB) published the Final Detailed Design of the National Energy Guarantee. The Council considered the Final Detailed Design at its meeting on 10 August 2018. 

Detailed Design Process

The final design of the Guarantee was developed over twelve months, and builds on:

• The model the ESB initially proposed in its November 2017 advice
• The draft design consultation paper published on 15 February 2018
• The high-level design published on 20 April 2018, and
• The draft detailed design released for public consultation on 15 June 2018.

The ESB also benefited from engagement and feedback from a range of stakeholders on the design of the Guarantee:

• The ESB convened technical working groups to advise on certain detailed design elements. The technical working groups were comprised of a broad range of stakeholders with relevant expertise from more than 30 organisations.
• Stakeholder forums were held on 26 February 2018 in Sydney and 2 July 2018 in Melbourne.
• More than 90 submissions from a range of stakeholders were received on the draft detailed design consultation paper.

The detailed modelling assumptions and underlying data for the modelling results that are presented in the final detailed design have been provided below.

This paper sits alongside the Final Detailed Design Commonwealth Elements paper.

Refer to the National Energy Guarantee for more information on the detailed design development.