The Act establishes the Energy Corporation of New South Wales and defines its governance structure, objectives, powers and functions in relation to energy administration. It sets out arrangements for the constitution and management of the Corporation, including its Board, staff, advisory committees and delegated powers. The Corporation is responsible for investigating, planning, advising on and coordinating matters relating to the development, supply, distribution, conservation, use and management of energy and energy resources within the State. The Act authorizes the Corporation to conduct research, review plans, acquire land, enter into agreements, cooperate with public authorities, undertake inquiries and exercise functions relating to electricity safety, standards and energy policy. It also establishes funding mechanisms such as the Energy Administration Account and the State Energy Research and Development Fund. The Act further contains emergency powers applicable where energy supplies are disrupted or threatened, including powers to declare energy supply emergencies, issue energy supply and cybersecurity directions, obtain information, appoint inspectors and enforce compliance. Additional provisions establish measures promoting water and energy savings through designated users, savings action plans and the Climate Change Fund, which finances activities relating to greenhouse gas reduction, climate change mitigation, water and energy efficiency, renewable energy initiatives and related programs. The Act also regulates information disclosure, enforcement procedures, penalties, service of documents and transitional matters arising from amendments and related legislation.
Australia · 1987-06-12