Australia’s electricity generators would be paid extra money to be available even if they don’t actually generate any energy, under a new mechanism proposed by the federal government’s Energy Security Board (ESB).
A crisis, as the saying has it, combines danger and opportunity. The dangers of the current electricity crisis are obvious. The opportunity it presents is to end to the failed experiment of the national electricity market.
Following the federal election, Australia is enjoying a surge in residential solar sales as the nation embraces its clean energy future, writes Gavin Dennett.