Australian Energy Council Supports Expanded Capacity Investment Scheme

📆 23/11/2023 02:09:00
📰 FinancialReview

⏱ Reading Time:
1 sec. here
8 min. at publisher
📊 Quality Score:
News: 25%
Publisher: 90%

Energy News

Australian Energy Council,Capacity Investment Scheme,Renewables

The Australian Energy Council has given tentative support to the Albanese government's expanded Capacity Investment Scheme, stating that it could help accelerate the deployment of renewables and storage. However, the council also warned of potential market distortions and called for industry consultation.

The Australian Energy Council has tentatively supported the Albanese government's expanded Capacity Investment Scheme, stating that it could help accelerate the deployment of renewables and storage. However, the council also warned that the scheme could distort the market and called for industry consultation to ensure its effectiveness.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Imminent Failure of Bid for Origin Energy Demonstrates Upending of Energy MarketThe imminent failure of a bid for Origin Energy highlights the changing dynamics of the energy market and the growing power of Australia's industry superannuation funds. AustralianSuper's position as a major investor is critical to the fate of the vote on the deal. The consortium has a few weeks to decide on a higher price offer.
Source: FinancialReview - 🏆 2. / 90 Read more »