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energy sector as well as further sustainable electricity offers/rates and access new services
and cost-effective energy production. (Source: and will provide retailers with a more streamlined
nsenergybusiness) process for switching in a new customer. (Source:
Energymagazine)
Companies with green ambitions unveiled
as COP26 climate summit sponsors
Energy firms National Grid, SSE and ScottishPower,
along with NatWest Group, have been unveiled as the
first sponsors of UN climate talks in the UK next year.
ScottishPower, SSE and National Grid are investing
in low carbon technology and infrastructure such
as renewables, while NatWest Group is the leading
lender to the renewables sector and has policies
to stop lending to coal, oil and gas exploration and
fracking.
COP26 president and Business Secretary Alok
Sharma said: "I am delighted to announce our first
sponsors for COP26, who have all shown ambitious
climate leadership through setting net zero
commitments and Science Based Targets".(Source:
expressandstar)

AEMO set to apply market reform by
6 October 2021
Several critical market and regulatory reform
initiatives are set to be implemented by the Australia
Energy Market Operator (AEMO) by October 2021.
AEMO is working closely with the Australian
Energy Market Commission (AEMC) and the
Australian Energy Regulator (AER) to progress rule
changes, including Wholesale Demand Response,
Five-Minute Settlement and customer switching.
These initiatives are expected to create new value
for consumers and market participants, through
greater choice and competition, all enabled through
efficient digital systems and access to energy-related
data.
AEMO has worked with the AEMC to simplify
and improve the customer switching process in
the National Electricity Market (NEM). The new
framework will reduce the time it takes customers to
change electricity retailers, from months to a same-
day transfer.
Following a recommendation in the ACCC’s Retail
Electricity Pricing Inquiry report, AEMO developed
and consulted on a process that will facilitate faster
and more efficient switching, providing better
outcomes for customers and electricity retailers.
Faster switching between energy retailers will
make it easier for customers to transition to better

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