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Make power affordable and sustainable
The Australian energy market has failed. Instead of the hodgepodge, market-driven system of today we need a national, publicly owned power grid that provides cheap, reliable power and leads the transition to an affordable renewable economy.
What we think
- The infrastructure and resources used to provide basic utilities are the collective property of society and should be publicly owned and controlled.
- Energy production and distribution should not be run for profit but to satisfy the needs of the population.
- Energy production and distribution must be as environmentally sustainable as possible.
What we'll fight for
- Introduce an immediate annual price cap on electricity and gas bills for two years based on their average 2022 prices.
- Wipe all existing household utility debts and arrears.
- Initiate a public takeover of the energy industry.
- Create a not-for-profit public energy operator responsible for all aspects of energy provision – including investment, generation, transmission and distribution – which:
- Has a charter mandating that it acts to secure the long-term energy security of Australia.
- That it oversees the transition away from fossil fuels in energy production.
- Returns quarterly revenues above operating costs to a government energy infrastructure fund to finance the expansion of a 100 percent renewable energy grid.
- Progressively reduces household energy bills as the power generation and transmission capacity of the grid expands.
- Increase research into marine power and energy storage
- Increase research into the development and viability of hydrogen as a fuel and form of energy storage when produced using renewable energy.
- Invest in the local expansion of solar photovoltaic manufacturing and lithium-ion battery manufacturing to supply local communities with renewable power supplies.