Business
TransGrid’s $2.28b plan keeps flawed NEM alive – The Australian Financial Review
A new interconnector should help the transfer of coal-fired power and renewable energy between NSW and South Australia, but it won’t fix fundamental flaws in the…
The EnergyConnect project ticks all the boxes for a modern, well-functioning electricity network. It will provide greater network stability, cheaper electricity for households, help decarbonise the economy by bringing more renewables into the system, and will create 1500 jobs during the construction phase.
But it would be a mistake to think the promised top-line benefits mean the NEM is functioning efficiently in response to market forces.
Unfortunately, the CEFC stepping in is a clear indication…
-
Noosa News23 hours agoWest Coast Eagles draftee Josh Lindsay wants to carry on Troy Selwood’s legacy
-
General10 hours agoGrieving parents of 4yo boy who drowned in Officer suing Melbourne Water, Cardinia council
-
Business23 hours agoThis ASX mining stock has soared 479% in just one year and high-grade gold hits are now flowing in
-
General23 hours ago‘World-first’ deal to give delivery drivers better pay