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National Energy Productivity Plan 2015-2030

Geography
Year
2015
Document Type
Policy

Summary

To deliver the Australian Government's National Energy Productivity Target of 40% improvement between 2015 and 2030, the Council of Australian Governments Energy Council has developed the National Energy Productivity Plan (NEPP), a framework and related economy-wide work plan. In better coordinating energy market reform, energy efficiency and climate policy, the Plan aims to improve national energy productivity by stimulating:


  • "more productive consumer choices, through measures which make consumer energy choices easier, help business compete and provide more efficient incentives; and

  • more productive energy services, through measures which support innovation, competitive modern markets and consumer protections".


The main measures proposed in the Plan include:


  • Increased energy efficiency improvement across the residential, commercial and industrial sectors in buildings, appliances and equipment, as well as smarter management of energy

  • Improvement in light vehicle fuel efficiency

  • Reformed electricity and gas market policy to further support new emerging clean technologies and help consumers to reduce their energy costs

  • Support to technological and business-model innovation in the energy sector

  • Support to growth in renewable energy and expansion of the Emission Reduction Fund

  • Promote low carbon urban development

  • Building international collaboration


The related Work program details the measures, their status and proposal for implementation.
The National Energy Productivity Plan aims to deliver numerous benefits, including:


  • boost competitiveness

  • help consumers manage their energy costs

  • reduce GHG emissions - the NEPP is expected to contribute more than 25% of the savings required to meeting Australia's 2030 emissions reduction target (26-28% below 2005 levels)

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Group
Topics
Target
Policy instrument
Impacted group
Just transition
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Adaptation/resilience
Finance

Targets  1

Note

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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.