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Australia faces power 'gaps' within four years unless there's urgent investment in grid | ABC News
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The Energy Market Operator is warning of blackouts within the next four years unless there's urgent investment in new power generation.
The regulator says a looming mass exodus of coal-fired power will lead to unreliability in all states, but NSW will feel it sooner unless something is done quickly.
The federal government insists that investment will be assured once its energy and climate policy is activated.
But the Opposition says the so-called safeguard mechanism will only increase energy unreliability.
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
The regulator says a looming mass exodus of coal-fired power will lead to unreliability in all states, but NSW will feel it sooner unless something is done quickly.
The federal government insists that investment will be assured once its energy and climate policy is activated.
But the Opposition says the so-called safeguard mechanism will only increase energy unreliability.
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
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