Gold Plating Transmission for Renewables.

  1. 9,232 Posts.
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    Recall the ruckus about and the over protection, by private and State owned entities previously upgrading transmission lines!
    It ended pushing electricity prices up!

    The renewable energy lobbyist conveniently forget that renewables initially pushed electricity prices upwards to a peak with the support off both State and Federal govt incentive and restrictive legislationS!

    The renewables industry received subsides, whilst coal fired and gas companies had penalties imposed on them.
    Not only penalties but regulations preventing or at minimum to hinder them from competing against renewables

    Anyone who believe Bowen BS, are condoning further financial burden on themselves!

    Upgrades cost monies and it is the consumer who will pay for it.

    Each State competition authority is simply rubber stamping whatever the lobbyist present to them!

    I’m aware off a former public servant generator CEO who became the CEO in a private generating company, arguing that consumers should pickup the loss revenue when there is generator failure.
 
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