Opinion: The lack of a proper framework for the transition from fossil fuels to renewables is the main reason that households are facing steep rises in their power bills, writes Elizabeth Knight
, but no one wants to take responsibility. It’s degenerated into a blame game of epic proportions.
In a sense, these companies have been shoe-horned into fixing the supply crisis created by deficits in coal-fired energy. And industry experts say there is enough gas to achieve that outcome. Australia is a major producer of gas but exports most of it overseas. That said, the solution of just sending gas down to the southern states is too simplistic. There needs to be sufficient pipe capacity to deal with the shortages, and industry experts say these pipes are already running at capacity.Another group of stakeholders in this energy debacle are the big commercial users of energy - the companies that say the exorbitant prices they are paying now are sending them to the wall.
Instead, the shift to green power should have been accompanied by the development of appropriate infrastructure and proper pricing signals.
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