Prime Minister Scott Morrison will help Tasmania fund more pumped hydro sites around the state. JimMolan: I'm in love with big construction activities, and this is as big as it gets. Everything I've looked at in relation to this is pretty good. MORE:
The Prime Minister is powering ahead with his pre-election energy pitch, as he unveils his latest investment designed to shore up the nation's electricity network. Speaking in Tasmania, Scott Morrison maintains his government is serious about both energy supply and climate change action.
The Tasmanian government has announced $30 million towards a feasibility study into upgrading one of three conventional hydro energy sights in the state. The PM says 3700 jobs will be created in Tasmania and Victoria and $7 billion will be generated as a result of the projects. Image: News Corp Australia
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PM to back hydro-electricity project in Tasmania | Sky News AustraliaPrime Minister Scott Morrison will today announce his commitment to a hydro-electricity project in Tasmania.\n\nThe ACCC recommended the government underwrite reliable supply projects in a bid to boost competition in the generation market, they received 66 expressions of interest.\n\nA feasibility study will now look into three shortlisted sites with the aim of taking the first phase to the investment level by 2021. \n\nThe move comes after the Prime Minister gave the green light to Snowy Hyrdo 2.0, saying work will begin within days. \n\nImage: News Corp Australia \n\n\n\n\n\n\n
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PM to back Tasmania hydro-electricity project | Sky News AustraliaPrime Minister Scott Morrison is set to announce his commitment to a hydro-electricity project in Tasmania.\n\nThe ACCC recommended the government underwrite reliable supply projects in a bid to boost competition in the generation market, with 66 expressions of interest submitted.\n\nThe hydro sites could store as much energy as 300 Tesla big batteries and are expected to attract investment from the federal government if it stacks up economically. \n\nThe move comes after the Prime Minister gave the green light to a multi-billion dollar expansion of Snowy Hyrdo project in New South Wales. \n\nImage: News Corp Australia\n\n\n\n
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PM promises to slash power prices | Sky News AustraliaPrime Minister Scott Morrison will introduce new energy market regulations in a bid to slash power bills. \n\nUnder the scheme, energy companies will be forced to lower their prices with customers saving up to $217 per year and businesses saving a further $937. \n\nThe move comes after the Coalition abandoned its ‘big stick’ divestiture policy which aimed to crackdown on energy providers. \n\nImage: News Corp Australia \n\n\n\n\n\n\n\n\n\n\n
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UK PM heading for Brexit climbdown amid no-deal quit threats | Sky News AustraliaTheresa May could be set for an awkward climbdown to avoid a government walkout over Brexit.\n\nThe UK prime minister could be forced to delay Britain's scheduled departure from the EU, a suggestion she pushed back on yesterday, amid reports that several senior ministers are prepared to quit.\n\nThree cabinet ministers - Amber Rudd, Greg Clark and David Gauke - have publicly indicated that they could support a cross-party amendment to give parliament the power to stop the UK from leaving without a deal, and The Times reports that the trio will resign if Mrs May does not guarantee that Brexit can be delayed if her deal is rejected again.\n\nWith little more than a month to go until Britain is scheduled to leave the bloc, the prime minister is under pressure to push back the exit date after delaying a critical House of Commons vote on her withdrawal agreement.\n\n\n\n\n\n\n
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