The renewables industry is fighting to resist a set of reforms that it sees as likely, at best, to plunge the electricity system into several years of investment-sapping uncertainty. Most likely the proposals in the ‘review of electricity market arrangements’ (REMA) for so-called ‘locational (or zonal) pricing’ will severely curb the future growth of renewables. And all of this is supposed to solve a problem – that of windfarm compensation payments – that has been greatly exaggerated. For years there … read more »
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