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Renewables better than a big stick at cutting power prices

Ben Potter
Ben PotterSenior writer
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The clean energy lobby has warned the new federal energy minister Angus Taylor not to take wind and solar energy for granted because they are putting more downward pressure on wholesale electricity prices than the government's market interventions.

Kane Thornton, chief executive of the Clean Energy Council, said Australia would face scrutiny at the COPS24 climate meeting in Poland in December if the government's representatives turn up with no concrete policies for achieving the nation's Paris carbon emissions reduction targets.

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Ben Potter writes on energy, climate change and innovation, and has been Washington correspondent, opinion editor and companies editor. Connect with Ben on Twitter. Email Ben at bpotter@afr.com

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    Original URL: https://www.afr.com/news/renewables-better-than-a-big-stick-at-cutting-power-prices-20180831-h14scr