Advertisement

Battery, wind and solar projects in line for $1b clean energy investment fund | ABC News

Battery, wind and solar projects in line for $1b clean energy investment fund | ABC News Fearing another summer of power blackouts, the Morrison Government is setting up an emergency fund to spur more investment in the electricity grid.

It's declared a 'market failure' in the system and its billion-dollar bank will promote batteries and other storage devices to send electricity through to customers at peak time when it's needed most.

Greg Jennett reports.

Read more here:

For more from ABC News, click here:
If you're in Australia, you can watch more ABC News content on iview:

Subscribe to us on YouTube:
Go deeper on our ABC News In-depth channel:
You can also like us on Facebook:
Or follow us on Instagram:
Or even on Twitter:

Australia,abc,abc news,news,government,federal government,politics,parliament,scott morrison,morrison government,electricity,renewable energy,renewable energy australia,blackouts,power companies,electricity grid,battery power,wind power,solar power,

Post a Comment

0 Comments