National energy guarantee is to deliver affordable and reliable electricity, ays Prime Minister Malcolm Turnbull

Guarantee made up of two parts

  • reliability guarantee to ensure energy is always available
  • emissions guarantee to contribute to Australia's international commitments

More:

  • Its meant to ensure ensuring energy retailers offer consumers a better deal
  • More gas for Australians before it's shipped offshore
  • Building Snowy 2.0 (expansion of pumped hydro capability within the Snowy Scheme) to stabilise the system
  • Stopping network companies gaming the system