Ambitious clean energy target will mean lower electricity prices, modelling says
by from on (#2W22N)
Energy analysis firm RepuTex finds clean energy target going beyond that advocated by Finkel Review would keep prices down for longer
The more ambitious a clean energy target is, the lower Australian wholesale electricity prices will be, according to new modelling by energy analysis firm RepuTex.
The Finkel review, released last month recommended the government introduce a clean energy target (CET), which it found would cut emissions from the national electricity market and put downward pressure on both wholesale and retail prices.