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The revised National Energy Objectives come into force today (21 November 2023), addressing the energy trilemma by capturing the challenge of balancing energy reliability, price and sustainability. This will guide the regulatory policy decision-making of the Australian Energy Market Commission (AEMC) and the Australian Energy Regulator (AER). Decarbonisation will now be a core part of their work, becoming integral to their purpose and decision-making process.
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