energy market power lines

The latest report on the health of the east coast electricity market shows how the Coalition's inability to determine a coherent energy policy is punishing consumers, hurting energy reliability and undermining the economy.

COAG's Energy Security Board released its annual Health of the National Electricity Market report on Friday, in the wake of recent reports that investment in renewable energy in Australia had slumped 40% in 2019.

Renewables investment has been a relative bright spot in an economy that has seen overall investment flatline since 2017, with new spending on wind and solar farms and battery storage reaching over $9 billion in 2018.