Article 34N8S Liddell extension would push up power prices, analysts' report says

Liddell extension would push up power prices, analysts' report says

by
Michael Slezak
from Environment | The Guardian on (#34N8S)

The Coalition's other major energy policy of expanding the Snowy hydro scheme would only partially offset the increases, Reputex says

The government's proposed extension of Liddell power station would push up power prices, with its proposed investment in the "Snowy 2.0" pumped hydro project only partially offsetting the extra costs, analysts have said. .

If the government did nothing, electricity prices would remain elevated and be heavily influenced by the price of gas, according to a report by energy analysis firm RepuTex into the government's two main initiatives to tackle the energy crisis.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/environment/rss
Feed Title Environment | The Guardian
Feed Link https://www.theguardian.com/us/environment
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments