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Finkel modelling ignores new technologies, cheaper renewables
The modelling prepared by private consultancy for Finkel Review deliberately ignores certain technologies that can provide grid security and replace coal fired generation at a much cheaper cost than gas. It also uses inflated costs for wind and solar. -
What do consumers get out of the Finkel blueprint?
The short answer is, not a lot. Finkel promises savings of $92 a year by 2030, but most customer bills are going to jump $300 a year next month. Nothing much will change until utilities can match the cost of new technologies, rather than hiding behind regulatory barriers.
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