Business
Grid strife threatens Australia’s green power switch, investors say – Sydney Morning Herald
Clean energy investors warn grid limitations threaten to stunt the next wave of Australia’s wind and solar boom.
“These are major handbrakes on new clean energy development.”
The Clean Energy Investor Group, representing investors holding $9 billion across 49 renewable energy assets nationwide, intends to ramp up advocacy for a redesign of the energy market to encourage the flow of lowest-cost capital and achieve goals of the energy transition at the lowest cost to consumers and taxpayers.
Federal Energy and Emissions Reduction Minister Angus Taylor said statistics from the Clean Energy Regulator, showin…
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