Re,
The people who own the infrastructure haveexactly zeroobligation to sell energy for the price the consumer wants.
Most of the Infrastructure ( Power Stations ) is owned by Overseas Companies ... They are here to make Money !!
Chinese investment in Australia's power grid explained -
21 Aug 2016—EnergyAustralia is owned byHong Kong-based China Light and Power.
How China owns two of Australia's biggest electricity companies
Apr 2021 — Energy Australia, which has 1.7 million customers, is owned by the China Light and Power Company after being sold off by the NSW government ...for $1.4 billion in 2011.And Alinta Energy, which has 1.1 million customers, was sold by its private owners to Chow Tai Fook Enterprises for $4billion in 2017.Energy Australia and Alinta Energy are both owned by Chinese companies Both are energy generators and retailers, owning crucial assets in Australia Experts fear Chinese could launch cyber attacks to disrupt infrastructure...
Is SA Power Networks privately owned?
SA Power Networks is 51% owned by Cheung Kong Infrastructure Holdings Limited and Power Assets Holdings Limited, which form part of the Cheung Kong Group of companies.
Origin
1 Dec 2022
EnergyOrigin has a rich Australian history, however as an ASX listed company, it is owned by shareholders across the globe.
The communist nation of 1.4billion people owns an airport in Western Australia, nine million hectares of Australian land, several Aussie coalminesand wind farms and even the Port of Darwin, a key strategic asset.1 Dec 2019
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