Victoria's Labor government says it will be examining the National Energy Guarantee with a fine-toothed comb to pick out any concessions Prime Minister Malcolm Turnbull has given climate sceptics.
The federal coalition party room endorsed the plan on Tuesday and the country's energy ministers will discuss it in a teleconference later in the day.
"We'll study the Commonwealth NEG legislation thoroughly to see what concessions Malcolm Turnbull has given the climate sceptics in his party room," Victorian Energy Minister Lily D'Ambrosio said in a statement.
"We have said all along - we won't let Malcolm Turnbull put our renewable energy industry and Victorian jobs at risk.
"We'll continue to work through the COAG energy council to address our concerns."
Starting in 2020, the NEG is designed to bring down energy bills by about $550 a year and requires retailers to source electricity that meets reliability and Paris Agreement emissions reduction targets.
The legislation sets an emissions reduction target of 26 per cent on 2005 levels by 2030 for the electricity sector.
As well as rolling out the NEG, the Turnbull government is expected to underwrite new power generation projects, which could include coal-fired plants.
