The Victorian government announced A$335 million for energy efficient heating for low-income households, A$112 million for energy efficiency upgrades to 35,000 public housing properties, and a A$250 payment to help 950,000 households pay the bills.
'Start planning now for a future without gas' is the message from a new Grattan Institute report, with The Australian Institute also arguing the benefits of the fuel have been oversold by the Morrison government.
A $50 million pumped hydro grants program, competitive tenders for storage which could include gas projects, and a new transmission test are all on the New South Wales government’s agenda as it aims to cut power prices over the next two decades.
Energy department officials said the potential cost of decommissioning the Northern Endeavour floating oil production vessel was commercially sensitive, with more than A$75 million in taxpayer money already spent on the failure.
All subscriptions renew automatically but you can cancel any time. You will be charged $1 initially for the first month of your subscription and then the standard monthly rate thereafter ($69/month for a single subscription and $179/month for a team of three). New customers only. Offers and pricing are subject to change without notice.