Climate change and energy – expanding the Capacity Investment Scheme

Summary of proposal

The proposal would expand the national target of the Capacity Investment Scheme (CIS) from 82% renewable electricity by 2030 to 100% by 2030 and accelerate the staged closure of coal plants before 31 December 2030, in the National Electricity Market (NEM) and the South West Interconnected System (SWIS).

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Climate change and energy – expanding the Capacity Investment Scheme

Summary of proposal

The proposal would expand the national target of the Capacity Investment Scheme (CIS) from 82% renewable electricity by 2030 to 100% by 2030 and accelerate the staged closure of coal plants before 31 December 2030, in the National Electricity Market (NEM) and the South West Interconnected System (SWIS).

Read more

Climate change and energy – expanding the Capacity Investment Scheme

Summary of proposal

The proposal would expand the national target of the Capacity Investment Scheme (CIS) from 82% renewable electricity by 2030 to 100% by 2030 and accelerate the staged closure of coal plants before 31 December 2030, in the National Electricity Market (NEM) and the South West Interconnected System (SWIS).

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Critical Minerals Strategic Reserve

Summary of proposal

The proposal would make an initial investment of around $1.2 billion in the Critical Minerals Strategic Reserve.

A Taskforce would be established to consult and finalise the scope and design of the Critical Minerals Strategic Reserve, which is expected to be operational in the second half of 2026. The final design could lead to changes in the announced financial impacts.

The Critical Minerals Strategic Reserve would invest in critical minerals through national offtake agreements and selective stockpiling.

The proposal would start on 1 July 2025.

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Critical Minerals Strategic Reserve

Summary of proposal

The proposal would make an initial investment of around $1.2 billion in the Critical Minerals Strategic Reserve.

A Taskforce would be established to consult and finalise the scope and design of the Critical Minerals Strategic Reserve, which is expected to be operational in the second half of 2026. The final design could lead to changes in the announced financial impacts.

The Critical Minerals Strategic Reserve would invest in critical minerals through national offtake agreements and selective stockpiling.

The proposal would start on 1 July 2025.

Read more

Critical Minerals Strategic Reserve

Summary of proposal

The proposal would make an initial investment of around $1.2 billion in the Critical Minerals Strategic Reserve.

A Taskforce would be established to consult and finalise the scope and design of the Critical Minerals Strategic Reserve, which is expected to be operational in the second half of 2026. The final design could lead to changes in the announced financial impacts.

The Critical Minerals Strategic Reserve would invest in critical minerals through national offtake agreements and selective stockpiling.

The proposal would start on 1 July 2025.

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Deliver a National Gas Plan – additional components

Summary of proposal

The proposal would seek to:

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Deliver a National Gas Plan – additional components

Summary of proposal

The proposal would seek to:

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Deliver a National Gas Plan – additional components

Summary of proposal

The proposal would seek to:

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Deliver a National Gas Plan – additional components

Summary of proposal

The proposal would seek to:

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