Unreliable coal-fired power generators and a lack of adequate transmission infrastructure are driving energy prices up according to the Australian Energy Market Operator’s Quarterly Energy Dynamics Report out today.
The data shows that states with higher renewables penetration, like South Australia and Victoria had lower energy prices in the last quarter than coal-reliant NSW and Queensland.
With coal on the decline, the Federal Government must ensure regional communities hosting renewable energy infrastructure have the right information, support and trust.
RE-Alliance ³Ô¹ÏÍøÕ¾ Director Andrew Bray said Local Energy Hubs will bridge the information and capacity gaps in regional communities who are being asked to host renewable energy infrastructure like wind and solar farms, batteries and new transmission lines.