Resources Minister Madeleine King says coal-fired power stations are"the missing piece of the puzzle" in tackling rising energy prices, as the treasurer warns consumers should brace for more hip-pocket pain amid a"full-blown cost-of-living crisis".
The unplanned outages to Australia's coal-fired power plants have increased reliance on gas-powered generators, largely blamed on international factors such as the war in Ukraine. Energy Minister Chris Bowen will meet his state and territory counterparts on Wednesday to discuss solutions as the Albanese government considers short- and longer-term solutions to take pressure off prices.
"It is the coal companies themselves, and the operators of the power stations, that need to get these power stations back online."It's 30 per cent of the energy capacity taken out of the mix because of unforeseen circumstances in many respects."
MadeleineMHKing Why did the government sell power generation? Seems that companies have squeezed every last cent out of the infrastructure, then dump it.
MadeleineMHKing
MadeleineMHKing 😐
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Energy shock can be the spark the country needsAPA Group’s Rob Wheals says the present upheaval provides a chance for Australia to plan for when even more coal-fired generation is removed from our energy mix.
Source: FinancialReview - 🏆 2. / 90 Read more »
Energy Minister to address energy crisis at emergency meetingClimate Change and Energy Minister Chris Bowen is set to hold an emergency meeting with his state and territory counterparts this week to address Australia's worsening energy crisis. Sounds like they are going to let Europe freeze and leave the uranium in the ground. Can’t you do a deal with the failed Greek economy and use their shipping companies to cart the stuff over? Blame blame blame So the root cause of this mess is our Lib & Lab governments whom for 25 years couldn’t act in our sovereign economic & national interest. 5% of the cheapest energy we produce should stay in Australia to support development of a productive sustainable complex economy. Just fix it
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Energy companies urged to find more gas for Australia as Labor mulls supply ‘trigger’ to ease price surgeResources minister signals ‘very positive’ talks with gas corporations and suggested managing coal supply could relieve market pressures Pipeline from WA .
Source: GuardianAus - 🏆 1. / 98 Read more »
David Littleproud denies former government's policy failures contributed to energy crisis'They're not responsible for the war on Ukraine, which has impacted on global supply chains or for particular flooding, in particular, coal mines.' DavidLittleproud auspol EnergyCrisis 🤦🏽 Be the voice of KillUs When dealing with all essential operating systems you must have an alternative plan in case of failure. So what was the previous govts other than talk, see what happens then look for somebody to blame when everything cocks up?
Source: SBSNews - 🏆 3. / 89 Read more »