Renewables will Cause Australian Power Costs to Triple


“We think that, by 2020, the cost of electricity will be threefold what it is today, given the current policy of large amounts of renewables being forced into the system, un-costed charges for those renewables given the current policy settings and a substantial increase in transmission and distribution costs.”

Grant King, CEO Origin Energy

http://www.theaustralian.com.au/business/energy-prices-to-triple-says-origin-chief/story-e6frg8zx-1225853385647

April 19th, 2010 | Categories: Alternate Energy, Quotes |

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