Energy Transition Roadmap
SACOME calls on the State Government to urgently develop an Energy Transition Roadmap that considers the impact of energy policy areas across the whole of the South Australian economy.
While the State continues to be at the forefront of the transition to renewable energy, it comes at significant expense to South Australia’s commercial and industrial sector. SACOME calculated that industry incurred over $1 billion in energy market intervention and transition costs from 2018 to 2021[i].
To ensure the commerciality of large-scale industry, greater coordination between energy, climate and industry policy from governments and policy makers is urgently required. SACOME has consistently called for the development of an Energy Transition Roadmap with industry input.
SACOME acknowledges the Premier has recently established the National Energy Crisis Committee to be supported by a Taskforce, and welcomes the recent Energy Transition Roundtable, hosted by the Department for Energy and Mining in November 2022. SACOME also notes the State Government’s intention to develop an Energy Green Paper.
SACOME submits that the Energy Green Paper should consider:
Policies and projects pursued in isolation have led to unintended and costly consequences for the energy grid. Unless South Australia systematically plans for the energy transition, manufacturing jobs and project development will continue to be at risk.
SACOME calls for the Department for Energy and Mining to receive the necessary funding to develop an Energy Transition Roadmap for the State.