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Tag: "gas cartel"

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Can Elon Musk's battery storage plant smash Australia's gas cartel?

Can Elon Musk’s battery storage plant smash Australia’s gas cartel?

Elon Musk and Tesla’s big battery is breaking open the gas cartel. New analysis shows margins for the big utilities will jump $2 billion over next three years because they control market bidding. Battery storage developers like Tesla and Sonnen will change that.

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How the gas cartel is holding the nation to ransom

How the gas cartel is holding the nation to ransom

Living in a gas rich nation at a time of a global supply glut should mean that the Australian consumer would have a plethora of choices for cheap supply. Not so.