AGL Energy (AGL) welcomes the opportunity to comment on the Victorian Government’s VRET 2 market sounding consultation.
AGL supports Victorian government policy to increase renewables in the generation mix, noting the need to make sure successful projects integrate well with the rest of the grid. While AGL prefers national arrangements, we understand that each State will have policy aims, and we support those aims while balancing reliability and stability of the electricity system. We therefore consider this initial stage of consultation is important to ensure the design and ultimately the implementation of VRET II appropriately considers industry views of an appropriate procurement framework that effectively meets the VRET II renewable target whilst continuing to support the system at least cost to consumers.
Read the full submission here.