Private enterprise now owns the majority of fossil fuelled...

  1. 23,957 Posts.
    lightbulb Created with Sketch. 770
    Private enterprise now owns the majority of fossil fuelled generators
    due to the States' privatisation of these assets.

    Why should a Private Enterprise entity pay hundreds of millions
    for fossil fuelled generators if it were cheaper to construct
    solar & wind with battery storage?

    I'm talking contemporary economic sense, not reaching back forty or fifty years
    when electricity generating was exclusively owned by Governments.

    disallowed/national/nsw/nsws-power-generators-to-be-sold-20120530-1zinr.html
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.