Chill wind blows: Major renewable energy investor says wind farm ruling to have 'disastrous' effect

Australia News News

Chill wind blows: Major renewable energy investor says wind farm ruling to have 'disastrous' effect
Australia Latest News,Australia Headlines
  • 📰 abcnews
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 83%

One of Australia's biggest renewable energy investors says a court's decision to uphold complaints against a Victorian wind farm could have 'dramatic' and chilling effects on the country's transition away from fossil fuels.

One of Australia's biggest renewable energy investors says a court's decision to uphold complaints against a Victorian wind farm could have "dramatic" and chilling effects on the country's transition away from fossil fuels.

She also told the operators to pay aggrieved neighbours more than a quarter of a million dollars in costs and damages. According to Mr Dimery, Australia was already facing a difficult tasking in building the amount of renewable energy needed to meet the country's plans to become carbon neutral by 2050.

He said although wind and solar farms provided cheap electricity while they were producing, they were available less often than conventional plants. However, he said offshore wind farms were typically three times more expensive than onshore projects and this would eventually filter through to energy bills."The narrative around what can be done and how it can be done, in my opinion, is being oversimplified to the community.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

abcnews /  🏆 5. in AU

Australia Latest News, Australia Headlines



Render Time: 2025-02-28 23:13:28