Energy council ministers will consider a broad review of the nation's electricity market at an emergency meeting sparked by a statewide blackout in South Australia.
Energy Minister Josh Frydenberg has called his state and territory counterparts to Melbourne on Friday for an urgent meeting to discuss what went wrong last week when more than one million people lost power.
The agenda is yet to be formally finalised but it's understood the details of a COAG-led review will be discussed.
Electricity interconnection between states will also be pushed, with South Australia keen to build a power link to NSW.
The COAG energy council agreed to fast track testing for the interconnector at its ordinary meeting last month, amid soaring South Australian power prices.
The state relies on intermittent renewable energy for 41 per cent of its power and shut down its last coal fired power plant earlier this year.
An interconnector with Victoria is the only link SA has to the national grid - which it uses more heavily when the wind stops blowing and the sun stops shining.
NSW Energy Minister Anthony Roberts has this week backed the new interconnector, saying it would boost competition while also improving energy security.
The South Australian government also says it would ensure no renewable energy is wasted.
Transgrid, manager of NSW's high-voltage power, has already declared an interconnector the missing link in the national power grid.
An initial report from the Australian Energy Market Operator into the SA blackout released on Wednesday found extreme weather led to the interconnector overloading.
A series of faults due to severe storms knocked out locally generated power, leading to a spike in demand on the interconnector, which then shut down to protect itself.
But the blackout prompted federal Liberals, including the prime minister, to question the stability of the state's energy grid and link the outage to its heavy reliance on renewables.
Premier Jay Weatherill accused Malcolm Turnbull of deflecting the issue onto renewables because he feared he would be blamed for the blackout.
The federal government wants to force states to implement a national, uniform renewable energy target, which is also expected to be discussed at the Friday meeting.
A spokesman for Mr Frydenberg told AAP the ministers would on Friday "discuss the merits of a formal, more broad review of the National Electricity Market."
