Opinion
Energy transition is trapped in ‘approval quicksand’
A new report says a more radical change to the approvals process is required.
Ben PotterSenior writerEnergyAustralia CEO Mark Collette punched a bruise on the collective arm of energy market participants on Monday when he told The Australian Financial Review ESG Summit that customers would face even higher power bills because hostile local communities and skill shortages were hobbling vital transmission projects.
Collette’s comment came just a week after the Clean Energy Council released a report saying that not a single new renewable energy project had received a final investment decision in the March quarter, even as construction bowled along at a robust level. A 200-megawatt battery project worth $400 million – Rangebank – was the sole clean energy project to win FID during the quarter.
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