Business leaders sound alarm over looming energy threats

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The threat of blackouts in Victoria has sparked alarm from some of the nation's biggest businesses, with the boss of Coca-Cola Amatil comparing the situation to challenges it usually faced in developing countries.

The threat of blackouts in Victoria has sparked alarm from some of the nation's biggest businesses with Coca Cola Amatil boss Alison Watkins comparing the situation to challenges it usually faced in developing countries.

"They have the obligation to ensure that the facilities, these coal generators are in a fit state to be able to produce power supply for when Victorians need it the most this coming summer," she said. Asked if it was unusual for Coca-Cola to have to plan for blackouts in this country, Ms Watkins said: "We have a business in Indonesia and we have a business in Papua New Guinea and so we experience blackouts from time-to-time in those countries. It’s certainly not something that we expect to experience in Australia."

A Rheem spokesman said the water heater manufacturing company’s direct gas and direct electricity costs had increased by more than 50 per cent since 2017. Energy Users Association of Australia chief Andrew Richards predicted large power consumers would again be asked to power down to help keep the lights on.

 

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