No longer 'alternative', mainstream renewables are pushing prices down | Simon Holmes à Court
by Simon Holmes à Court from on (#3JAHB)
While the government insists that renewables have made our grid unreliable, lights have stayed on and prices are dropping
On the first day of autumn tens of thousands of Victorians received a welcome surprise from their power company - their electricity bills were going down. Prices were cut 5% because the retailer increased their investment in renewable energy.
This will likely come as a surprise to many. Since the prime minister, Malcolm Turnbull, and the energy minister, Josh Frydenberg, decided that bashing renewables would play well for them - perhaps more so in the party room than in the electorate - hardly a day goes by without claims that renewables have made our grid unreliable and have pushed prices sky high.
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