Companies

Sep 21, 2012

Why power generators suddenly care about consumers

The dominant incumbent power generators (with the exception of AGL) are all gunning for the Renewable Energy Target to be slashed.

A picture is now clearly emerging from the submissions to the Climate Change Authority: the dominant incumbent power generators (with the exception of AGL) are all gunning for the Renewable Energy Target to be slashed.

2 comments

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2 thoughts on “Why power generators suddenly care about consumers

  1. Hamis Hill

    So Shumpeter’s Gale is creatively destroying the incumbent electricity companies, RET or not?
    So is it all the government’s fault?
    Or just the free market in action?

  2. Frank Campbell

    MRET is an expensive indulgence no one needs. Insignificant amounts of unreliable power. Meanwhile, the renewable energy rent-seekers have been subverted by falling demand and by the colossal expansion of gas in the past five years. Current wind and solar technologies are now irrelevant as well as redundant.

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