The proposals take the flexibility out of the current system to ensure that no deal over a certain threshold (still to be determined, but likely based on revenue) escapes the regulator’s net.
The former boss of Snowy 2.0 describes the energy market intervention as ‘madness’ and says consumers are paying the price for past mistakes on industry structure.
Power and gas giant AGL has appointed a new chair and has overhauled its board as it begins a renewal process after it abandoned long-held demerger plans to split its coal-fired power stations from its retail arm.
A whistleblower has warned parts of the ageing Bayswater Power Station are falling apart and threatening to spew toxic pollution into surrounding communities.
A whistleblower has warned parts of the ageing Bayswater Power Station are falling apart and threatening to spew toxic pollution into surrounding communities.