The Australian Energy Market Operator (AEMO) has conducted a consultation process on its Draft 2024 Integrated System Plan (ISP).

Climateworks and CSIRO have been engaged by AEMO to conduct multi-sector modelling to quantify the dynamic influences that would shape electricity demand under different emission reduction scenarios.

Aside from this role in supporting the modelling and analysis, Climateworks values the opportunity to make this contribution to the ISP.

The prospect of limiting global warming to 1.5 degrees is narrowing.

An ISP with a robust and rapid pathway for the decarbonisation of the NEM is vital if Australia is to meet its obligations under the Paris Agreement.

The recommendations in this submission will lift the speed of the renewable energy transformation and retain the reliability, security and affordability of the NEM.

Our propositions apply to both the Draft 2024 ISP and the process for creating the 2026 ISP.