The tech billionaire says a heavier tax on gas, electrification of home, and a “balanced” capacity market should be part of the solution – but rules out nuclear.
A key unit at Victoria’s largest coal-fired power station will remain out of service for more than three months, deepening concerns about energy security and soaring power and gas prices.
History says a new set of faults is just around the corner. Ageing power plants are like ageing humans – we tend to have more problems as we get older, not fewer.