But federal energy minister Angus Taylor says proposed rules needed to ‘protect consumers from high prices and reliability risks’

New energy market rules intended to ensure the lights remain on while ageing coal generators exit the market have triggered a backlash from Australia’s renewables sector.

Guardian Australia has seen a draft of new rules that have been proposed to federal and state energy ministers by the Energy Security Board (ESB). The overhaul includes imposing a strategic reserve across the national energy market as well as a beefed-up retailer reliability obligation.

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Source: The Guardian