'...not one of the 24 gigawatts of wind, grid solar or rooftop solar would have been installed without a subsidy.'-Dr Alan Moran
Tag: Wholesale Energy Prices
Proposed $200 Million ‘Victorian Big Battery’ for Moorabool
"This is not justified on the basis of reliability," Grattan Institute energy director Tony Wood said.
State Imports Energy As Prices Skyrocket.
POWER companies in Victoria are being forced to pay five times as much for electricity as they did three years ago and are now reliant on other states to keep the lights on.
The Herald Sun can reveal Victoria flipped to taking more electricity from the rest of the country than it was exporting for the first time in 2018-19. It is also now a net importer along with South Australia — a state that has had some of the highest wholesale energy prices in the world in recent years.
Federal Energy Minister Angus Taylor said he feared Victoria would face more blackouts this summer.