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Victorians warned to expect energy shortages and higher prices

Patrick Durkin

Modelling published by the Victorian government’s infrastructure body warns that the state faces energy shortfalls and prices more than double recent lows, and that a list of poor outcomes are at high risk of coming true, including missing targets to retire coal-fired power and bring on enough renewables to meet demand.

Infrastructure Victoria on Tuesday released a draft 30-year plan with 43 recommendations and seven longer-term “future options” including on energy policy. But two supporting documents published without fanfare on the body’s website reveal dire forecasts as the Allan government pushes for a 95 per cent renewable energy target by 2035.

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Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com

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