General
Yes, the energy system is broken – but because of ministers, bureaucrats and regulators rush to renewables
Kerry Schott, head of the Energy Security Board, the most senior of the dozen or so Australian regulatory bodies, is scolding state ministers for trying to “speed up” what she sees as an inevitable transition to renewable energy.
Schott’s focus on state interventions is a response to the new assertiveness of state government in providing renewable subsidies through power purchasing agreements with renewable suppliers and forcing vast increases in expenditure on transmission and on-grid management.
But for 2018/19, as shown below, state government subsidies to wind and solar were dwarfed by those from the Commonwealth.
Commonwealth regulations — $3087 million
Commonwealth spending — $2418 million
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