The ‘Reform of the NEM’ session at the tail end of Day 2 of All Energy 2025

We’ve not long wrapped up a couple of busy days associated with  All Energy 2025 and other activities in Melbourne.

Dan Lee might come along in the next week or two with a more considered wrap of what we learnt and observed collectively (we had 5 of the team there at various points in the event) but, before I moved onto other things I thought I might single out the graveyard shift session titled ‘Pushing Boundaries: Navigating Market Reform for a modern, efficient, and secure electricity system’ as one that was particularly worthwhile for me:

2025-30-30-AllEnergy-ReformSession-Panel

 

There were 5 useful (albeit brief) presentations (which some speakers might expand on further in guest authored articles here on WattClarity in the coming weeks), as follows:

 

Speaker
(and Panel Member)
A brief introduction
Steph Bashir

Nexa Advisory

Steph started off the session with a brief walk-through the Nexa Advisory report ‘Gas-fired Electricity Generation is a Bridge, Not a Destination’

In the same manner that inspired me to write ‘Green shoots of pragmatism at the CEC’s Clean Energy Investor Forum in Sydney on 3rd April 2025?’ after some CEC team members spoke ‘so let’s talk about gas’ earlier in the year, I was pleasantly surprised to hear Steph note an interim role for gas (albeit with a bridge that will, I suspect, turn out to last longer than some might wish for).

Tristan Edis

Green Markets

Tristan followed on by mentioning one of the elephants in the room:

2025-30-30-AllEnergy-ReformSession-Tristan-CoalClosure

There was a nice synchronicity to Tristan’s talk given that it loops back to a comment I made (and which Tristan recalls) back in July 2017 when speaking at CEC’s annual conference about the need for a process and schedule of (development of new capacity and then) closure of coal.

But the wheels of progress move very slow … that was 8 years ago (and we’re still not really seeing an ‘Orderly Exit Mechanism’)!

Kaavya Jha

Tesla

Kaavya spoke about ‘The future of Ancillary Services: Exploring Centralised and Market-Based Reform’ (i.e. some components of what we’ve termed as ‘Keeping the Lights on Services’) and wins my prize for the most complicated diagram I saw presented at the conference … not this one:

2025-30-30-AllEnergy-ReformSession-Kaavya

Note … this was a simpler one – there was a more complex one including pink shapes for ‘new’ services that came next.

We’ll have to wait for her to return with her guest authored article here to explain both!

Ernesto Llamas

Akaysha Energy

Ernesto built on some of the context provided by Tristan in speaking about ‘Mixed Signals – Why renewable policy without coal closures undermines the energy transition.

2025-30-30-AllEnergy-ReformSession-Ernesto

… and presented some of his results from Plexos modelling, including this slide that points to more doubts about actually achieving 82% by 2030:

2025-30-30-AllEnergy-ReformSession-Ernesto-Results

Jonathon Dyson

GVSC (part of Azzo)

 

Wrapping it all together, Jon Dyson spoke about ‘The Reality train is heading our way : the easy bits are done’.  No, not this train, but the one shown here:

2025-30-30-AllEnergy-ReformSession-JonDyson-Trainj

Many readers here will recall that we (at Global-Roam Pty Ltd) have worked closely with Jonathon Dyson and his Greenview Strategic Consulting team for ~10 years.  So it was no surprise to me that Jon devoted some of his allotted time to emphasise the upsides (and the large challenges) represented by the rise of the rooftop PV juggernaut:

2025-30-30-AllEnergy-ReformSession-JonDyson-RooftopPV

With a high point for (estimated!) rooftop PV injections of ~15,600MW in the middle of the day on 15th October 2025 representing a particular case study in challenges.

 

Thanks to Veronika Nemes (now at the CEC) for chairing the session.

Perhaps some of these speakers might be able to provide more explanation of their presentations in future articles here?


About the Author

Paul McArdle
Paul was one of the founders of Global-Roam in February 2000. He is currently the CEO of the company and the principal author of WattClarity. Writing for WattClarity has become a natural extension of his work in understanding the electricity market, enabling him to lead the team in developing better software for clients. Before co-founding the company, Paul worked as a Mechanical Engineer for the Queensland Electricity Commission in the early 1990s. He also gained international experience in Japan, the United States, Canada, the UK, and Argentina as part of his ES Cornwall Memorial Scholarship.

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