Belinda Jones lives a short drive and a world away from Parliament House in Canberra.
Albanese government's cheap renewable energy transition was always going to fail, Sky News investigation reveals
She recalls Labor’s election pledge of cheaper, greener electricity; with prices driven down by the low generating costs of wind and solar power. “Seventy five dollars when I was at Uni fed us for a week,” she said. “$75 now is worse than anything I've ever seen, because it buys you next to nothing. So that's why we are forced to shop at the food bank.”
The documentary team focused on the evidence of similar electricity transitions in the United States and interviewed experts who run electricity systems, or who have real world experience in energy. Then all the widely-scattered generation has to be connected to towns and cities with an extra 10,000 kilometres of transmission lines. Each step adds costs.
“So if we have to double the amount of transmission to interconnect all the new generation on the grid, then that's going to be part of your bill for the next 25 years as that investment is paid off,” Mr McIndoe said. The government pledge also failed to account for the fact that the eastern grid, the National Electricity Market, is exactly as advertised: a wholesale electricity marketplace.
“There's a line that a lot of people will latch onto that as we move toward more renewable sources of energy, that costs will decline because we don't have to pay for fuel,” Mr Robb said.
Transition Renewables Anthony Albanese Albanese Government Net Zero
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