Member

Turning to the regulations today, they are pragmatic, and we will support them. Under these proposals, gas power providers will be granted greater flexibility to retrofit their facilities with carbon capture technology and move into dispatchable power agreements. This framework does not simply encourage innovation; it provides the necessary market signals and contractual mechanisms to incentivise investment in decarbonisation. It will, if done well, establish a clear and practical pathway for traditional gas-fired generation to evolve into low-carbon energy.