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How the networks blew Australia’s cheap energy advantage
Networks spent $75 billion in a decade on demand forecasts that were never met. Those costs have been passed on to consumers, and even retailers have been bleeding their customers dry. Little wonder a new report says energy market “is not fit for purpose.”30 -
Hunt says “inevitable” large numbers will quit grid with battery storage
Hunt says declining costs of battery storage means it is inevitable significant numbers will quit the grid. He plans to accelerate deployment of storage, and says renewable energy target will be used to force coal generation out of the market. -
Regulators delay network saving proposals for another 5 years
Rules that could have reduced network bills delayed another 5 years, after fierce resistance from coal generators. In a blow to battery storage and solar PV, the decision could mean higher bills and more grid defections, as networks and retailers fight over consumers.
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