SP to steadily improve, page-55

An interesting article today....


Expensive winter’: Jim Chalmers makes grim warning among ‘perfect storm’ of conditions A “perfect storm” of a gas crisis, rising costs of essentials and an interest rate rise will make for an “expensive winter”, the new Treasurer has warned.

He said he did not believe accusations the former government didn’t invest enough in renewable energy. “If you look at the numbers and the outcomes … we’ve seen record levels of investment in household solar and renewables more generally, ” Mr Taylor told ABC News. “One of the highest rates of investment per capita in renewables in the world. It’s got to be matched by dispatchability, that’s why gas is crucial.“We committed to some important transmission projects.” Resources Minister Madeleine King said the Labor government would explore possibly pulling the gas trigger, which would force exporters to divert more supply to the domestic market.

https://www.news.com.au/finance/money/costs/expensive-winter-jim-chalmers-makes-grim-warning-among-perfect-storm-of-conditions/news-story/909910610599b9c2435c980165828eb4