Competitive market to build NSW renewables drives energy price floors to record lows
by Peter Hannam Economics correspondent from on (#6BAT4)
AEMO Services estimates the projects will avert as much as 11m tonnes of carbon dioxide emissions over a 20-year period
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Renewable energy companies have promised to build and operate projects for record low minimum power prices in a New South Wales government tender that shows market interest is high.
The results of NSW's first renewable energy tender were released on Monday, kicking off a series of auctions to be held over the next decade as the state transitions from coal-fired power generation.
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