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Here is an extract from the link, as it is a pay to read link, my appologies.
The Australian Renewable Energy Agency will examine several sites that could support large-scale pumped hydro-electric energy storage.
Mr Turnbull also yesterday sought a commitment from gas companies to increase production, to ensure there was enough energy for the nation’s domestic and industrial use this winter.
The federal government, after months of complaining about inaction from the states and their high renewable energy targets, is now attempting to assert control of the power crisis.
Mr Turnbull said the new project would help make renewable energy reliable — filling gaps caused by intermittent supply and generator outages.
He said the expansion would also lead to greater energy efficiency and help stabilise future electricity supply.
“This will ultimately mean cheaper power prices and more money in the pockets of Australians,” the Prime Minister said.
“For too long policymakers have put ideology and politics ahead of engineering and economics. Successive governments at all levels have failed to put in place the necessary storage to ensure reliable power supply to homes and businesses,” he said.
I will reserve judgement, I've heard it all before, promise the World and deliver sod all.
The Australian Renewable Energy Agency will examine several sites that could support large-scale pumped hydro-electric energy storage.
Mr Turnbull also yesterday sought a commitment from gas companies to increase production, to ensure there was enough energy for the nation’s domestic and industrial use this winter.
The federal government, after months of complaining about inaction from the states and their high renewable energy targets, is now attempting to assert control of the power crisis.
Mr Turnbull said the new project would help make renewable energy reliable — filling gaps caused by intermittent supply and generator outages.
He said the expansion would also lead to greater energy efficiency and help stabilise future electricity supply.
“This will ultimately mean cheaper power prices and more money in the pockets of Australians,” the Prime Minister said.
“For too long policymakers have put ideology and politics ahead of engineering and economics. Successive governments at all levels have failed to put in place the necessary storage to ensure reliable power supply to homes and businesses,” he said.
I will reserve judgement, I've heard it all before, promise the World and deliver sod all.