ABC News – Australia
·australia
·2 hours ago
Consumers on the hook for $1b powerline cost blowout
Transgrid has requested $1.14 billion from consumers to cover cost overruns linked to Project EnergyConnect, which is now estimated to cost $3.6 billion. This proposal has sparked debate over who bears the financial risks in energy transitions, with consumer advocate Craig Memery warning it could set a dangerous precedent. The regulatory decision is highly anticipated.
Summary by Glance · ABC News – Australia
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