We appreciate the opportunity to make a submission on the Independent Review of the Energy Security Board (the Review).

We have taken a broad view of the scope of the Review that reflects on both the importance of ESB’s role, including in providing specific policy advice to the Energy Council, and the opportunity for the ESB to formally have an extended mandate.

The next iteration of the ESB should reflect its evolving energy transition task, which goes beyond maintaining the security and reliability of the energy system. That is creating an environment where trusted new energy services can emerge that meet the needs and expectations of Australian household and small business energy consumers between now and 2050 in line with emissions reductions commitments.

The full submission can be read here.