Encouraging Efficiency: Harnessing government initiatives
Australia is currently facing a transformation of its energy markets from electricity generated by fossil fuels to more renewable energy sources like solar and wind. However, the increasing cost of energy is adversely impacting households and enterprises, especially small and medium sized businesses, who do not have the required capital to invest in energy saving mechanism.
The Australian energy market has seen significant changes over the last couple of years. The major conclusion that has come out of the various debates is that there is a serious electricity and power affordability problem across the National Electricity Market (NEM) and the price increases over the last decade are significantly affecting Australian businesses and consumers.
