These changes signal greater regulatory involvement in the NSW energy and resources industry.

On the back of its decisive election win in 2011, the NSW Coalition Government implemented a number of major initiatives affecting the energy and resources sector in 2012.

These developments reflect a heightened interest in the regulation of the energy and resources industry in NSW. While some provide opportunities for industry participants, they have also increased the regulatory and compliance burdens on them.

Resource exploration and extraction in NSW

Two very high-profile sources of energy, coal seam gas and uranium, were the subject of legislative and policy reform in 2012:

While the long-term role of uranium and CSG in the State's energy mix is not settled, there are some indications that they will play a greater role, and so more reforms can be expected.

Other policy and legislative changes affecting exploration and extraction more generally include:

These changes signal greater regulatory involvement in the NSW energy and resources industry. Indeed, these initiatives, coupled with the fact that the Government has not finished implementing its policy objectives, signal an increase in regulatory intervention going forwards.

Electricity generation

Two key changes this year affecting energy generation in NSW include:

More should be expected:

Of course all of this takes place against the backdrop of the Federal Government's White Paper on Energy Policy.