SOUTH AUSTRALIAN CHAMBER OF MINES & ENERGY
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Collaborative response needed to Finkel Review

The South Australian Chamber of Mines and Energy (SACOME) has called for a considered and collaborative response to today’s release of the Review into the Future Security of the National Electricity Market (the Finkel Review).

CEO Rebecca Knol said “The report defines the key components needed to operate an affordable and secure energy future.”  

“We need to address our current challenges in a collaborative manner, based on technology neutrality with affordability, security and reliability at the core.”

“Challenges with managing the transition in South Australia to a secure and low emissions future has resulted in volatile prices, outages and uncoordinated withdrawal of thermal generation.” 

SACOME’s submission to the Finkel Review emphasised the need for periodical regional assessments of system security, coupled with technology neutral policies governed by appropriate regulatory authorities to prevent systems failures and ensure a robust and affordable system.

“SACOME has placed a great emphasis on bringing collaborative solutions to the energy challenges in South Australia for the benefit of all users. The ACCC joint buying group is a part of this process to ensure the global competitiveness of businesses in South Australia is retained through affordable and secure electricity supply.”
​
Impacts of reduced system security have been widely felt by the resources and energy sectors in South Australia. Estimates place the impact in the hundreds of millions of dollars for SA businesses. For SACOME members these impacts have exceeded $200 million over the past 12 months.

Find the full Finkel Review report here.

Media contact: Rebecca Knol, CEO SACOME, 0409 012 007
Membership enquiries: SACOME, 08 8202 9999 or [email protected]



CONTACT THE SOUTH AUSTRALIAN CHAMBER OF MINES & ENERGY
​e: 
[email protected]  |  t: +61 (0)8 8202 9999
​
​3rd Floor, 115 King William Street, Adelaide South Australia 5000
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  • Home
  • ABOUT US
    • SACOME
    • Council
    • Committees >
      • Mining & Extractives Committee
      • Exploration Committee
      • Petroleum Committee
      • Energy Committee
      • Infrastructure Committee
      • Legislation & Regulation Committee
      • Economics & Tax Committee
      • External Affairs Committee
    • Governance
    • Membership
    • State Economic Contribution
    • Annual Sponsorship
  • NEWS & EVENTS
    • Media Releases
    • Events
    • SACOME Opinion
  • EDUCATION
    • STEM Digital Technology Program
    • Unearth Your Future
    • Student and Career Information
    • Playford Trust Scholarships
  • OUR POLICIES
    • 2025 Policy Priorities >
      • State Economic Development
      • Energy & Innovation
      • Infrastructure
      • Legislation & Regulation
      • Education, Workforce & Skills
    • Energy Policy
    • Climate Change
    • Nuclear Energy
    • Land Access Guides
  • PUBLICATIONS
    • 2030 Vision
    • Resourceful SA 2024/25 >
      • Copper
      • Silver
      • Gold
      • Iron Ore
      • Uranium
      • Kaolin
      • Mineral Sands
      • Graphite
      • Gypsum
      • Lead
      • Limestone
      • Zinc
      • Oil & Gas
      • Hydrogen
    • RESOURCEFUL SA 2020
    • Annual Reports
    • Blueprint for Mental Health
  • SUBMISSIONS
  • CONTACT