Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 1 & 4 : 24-Feb-20
The Energy Security Board’s latest annual report card has stated that electricity affordability improved from ‘critical’ in 2018 to ‘moderate-critical’ in 2019. This was due to a combination of falling costs and government pressure on retailers. The ESB noted that power generation from wind and solar is tipped to grow from 16 per cent of supply in 2019 to more than 40 per cent by 2030. However, it warned that the growth of wind and solar poses a threat to the stability of the national grid, with greater intervention needed.
AUSTRALIA. ENERGY SECURITY BOARD