Energy Security Corporation Act 2024
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The objects of the Corporation are as follows—
(a) to accelerate private sector investments in clean energy projects in New South Wales that improve the reliability, security and sustainability of electricity supply,
(b) to support New South Wales to achieve the targets for reducing net greenhouse gas emissions under the Climate Change (Net Zero Future) Act 2023,
(c) to complement other Government initiatives relating to clean energy technologies and partner with the private sector to finance clean energy technologies,
(d) to achieve a government-mandated rate of return through a portfolio approach.