Business
TransGrid funds 900km power link to lift renewables as coal’s end nears – The Sydney Morning Herald
A new 900-kilometre power link is seen as crucial to enhancing the flow of renewable energy around the country as more coal plants retire.
Spark Infrastructure, which owns 15 per cent of TransGrid, said EnergyConnect would be fundamental to the decarbonisation of the power industry.
However, Spark managing director Rick Francis on Monday hit out at old regulatory rules governing cost-recovery that he said had made it difficult to arrange funding for the project.
Navigating a project of this type and size through the existing rules has exposed a number of fundamental flaws in the regulatory process that must be addressed if necessary…
-
Noosa News20 hours ago‘Just want to know he’s safe’: Family’s German Shepherd asleep in back of stolen ute
-
Noosa News23 hours agoLogan man Umar Al Enizi cleared of murder after Browns Plains road rage incident in 2021
-
Noosa News20 hours agoDriver acquitted of murder over lengthy road-rage chase
-
General19 hours agoMitchell Starc fires Ashes warning in Sheffield Shield return as Jake Weatherald and Beau Webster fail to fire