Implications of the energy blueprint

WHAT THE FEDERAL GOVERNMENT WANTS FOR AUSTRALIA'S ENERGY INDUSTRY:

INCREASE MARKET COMPETITION

* Implement energy market reforms, including time-of-use pricing

* Encourage development of advanced metering technologies

* Encourage states and territories to sell off electricity assets

* Work with states and territories to approve priority gas projects and improve pipeline access

* Prepare strategy to develop coal seam gas industry

* Commission an ACCC inquiry into the gas market

* Better promote resources projects by improving local engagement, transparency and public communication to address misinformation

* Three year monitoring by the ACCC of prices, costs and profits relating to supply of unleaded petroleum products

IMPROVE ENERGY PRODUCTIVITY

* Develop a national energy productivity plan, which includes a productivity target and market reform to lower energy costs

* Improve productivity up to 40 per cent

SECURE INVESTMENT IN ENERGY SECTOR

* Improve workforce productivity and reform vocational education and training system to focus on skills that employers need

* Make immigrant worker 457 visas more flexible

* Encourage indigenous engagement in resource projects

* Remove the need for Commonwealth environmental approvals under one-stop-shops

* Review offshore oil and gas management

* Promote energy exports through new free trade agreements

* Monitor international developments on nuclear energy

OTHER

* Abolish the Clean Energy Finance Corporation and ARENA