UNGI Archives - Renew Economy

Three years on, Morrison’s electricity underwriting scheme still has nothing to show
In 2019, Angus Taylor shortlisted a dozen power projects to improve grid reliability and cut electricity costs – three years later, not one has been built.
Michael Mazengarb

Feb 15, 2022

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Coal

Delta flagged early closure of Vales Point coal plant when it rejected federal grant
Delta cancelled coal plant upgrades after being short-changed by Morrison government, and flagged an early closure of Vales Point, documents obtained under FOI show.
Michael Mazengarb

Apr 19, 2021

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Vales Point told to apply for $8.7m coal upgrade grant, weeks after it was announced in federal budget
Owners of Vales Point coal-fired power station told to apply for a $8.7m grant to pay for repairs weeks after funding was announced in the federal budget.
Michael Mazengarb

Jan 12, 2021

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Taylor’s UNGI may underwrite two state-owned hydro projects in Tasmania
Morrison’s investment in Marinus Link set to unlock investment in new hydro energy plants in Tasmania, as concerns raised about government interventions.
Michael Mazengarb

Dec 15, 2020

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Taylor’s stalled UNGI and Snowy 2.0 included on watchdog’s audit hit list
The Auditor General has included the stalled UNGI program, and the Snowy 2.0 expansion, on its priority list for audits in 2020-21.
Michael Mazengarb

Jul 28, 2020

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Angus Taylor’s stalled UNGI program placed on audit hit list
Federal expenditure watchdog adds Morrison government’s stalled UNGI scheme to its audit hit list, as concerns are raised over lack of transparency and legal basis.
Michael Mazengarb

May 12, 2020

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Watchdog to consider audit of UNGI program as legal questions loom
Federal government expenditure watchdog flags it may audit the Morrison government’s UNGI program, with further questions raised about its legality.
Michael Mazengarb

Apr 15, 2020

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Coal

Morrison’s flagship energy policies – and private investment – stuck in parliamentary limbo
Parliament’s suspension means the Morrison government’s key energy initiatives, including the $1 billion Grid Reliability Fund, are stalled, along with private investment.
Michael Mazengarb

Apr 8, 2020

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Coal

Taylor’s underwriting scheme could choose first six projects ‘by Christmas’
Angus Taylor expects up to six new projects will be approved under the underwriting scheme before the end of the year, and is likely to favour fossil fuels.
Michael Mazengarb

Oct 18, 2019

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