ESIA Submission: REES Review 2019, 27 May-19 June 2019
The ESIA made a submission to the Review into the REES: Issues Paper April 2019 - Strategic direction of REES after 2020.
The submission stated that the REES needs to be converted to a market-based scheme and its target significantly increased and extended to 2030, with three-yearly target settings. Only a handful of the ESIA’s members operate in South Australia given the constraints of the program. Greater access will stimulate more competition, upgrades, technology transformation and local jobs. Currently the REES delivers energy savings and emissions reductions at greater cost than market-based schemes. A move to market-based model and a bigger target should change this.
