Ongoing investment is ‘needed’ due to energy market transition

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Ongoing investment is “needed” to support the Australian economy during its energy market transition, according to Australian Energy Council Chief Executive Sarah McNamara.

“We’re well on our way to net zero by 2050, but over the next decade, we know we’re going to see around 13 per cent of our existing capacity to depart,” she told Sky News Australia.

“Now what the market operator does in his annual report … is it only deals with committed projects, so where we see reliability gaps in the future, AEMO is not taking account of pipeline projects that aren’t yet fully committed.”

 

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Not using my super fund to enrich the ACTU super fund mates and crony companies.

This is the Trillion Dollar Super Fund Heist is going to. NO BASE LOAD POWER NetZero Base Load Power. Albo's got batteries or something that works at night in the middle of winter?

Investment by WHO

The g'ment should think this scheme through, maybe learn from the experience of other countries, read a few books on the subject. Just a suggestion.

If you want to throw money away send it to me you be a sucker if you like.

The photo shows how to pollute large areas under the guise of environmental sustainability to the fauna and flora of a area.

enough is enough lets use our cheap energy advantage open a few more coal fired power stations

If the energy market transition is going to depend on solar panels and turbines, I can understand the reluctance of investors.

Yes let's start using agricultural land for solar panel. They are so nutritious and great tasting!

Read we need more superannuation monies Jim, hurry up before the ponzi scheme collapses. Call Swanny asap

How do all these renewable energy devices get recycled at the end of their lives? How do they recycle wind turbine blades? (they can't as fibreglass isn't recyclable and they contain toxic chemicals that leech out)

Environmental vandalism

Not one green renewable project in last 20 years has been successful, all have failed and so will Bowen and labor’s teals and green renewables fail , they are already costing billions but failing, under Bowen22.000 solar panel s needed each day for 7 years to get to net zero !

Yeah, investment from our superannuation funds. Hands off our super!!!

Ya. It’s called nuclear. ⚛

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 /  🏆 7. in SE

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