Electricity

No-One Likes a Blackout, But Keeping the Lights On is About to Get Expensive

No-One Likes a Blackout, But Keeping the Lights On is About to Get Expensive

A new official report shows blackouts in eastern Australia’s grid this summer are unlikely. While that’s welcome news, it casts doubt on the wisdom of a recent government decision to tighten electricity reliability standards – a decision that will cost consumers. The report from the Australian Energy Market Operator, published…