Liddell extension would push up power prices, analysts' report says

The Coalition's other major energy policy of expanding the Snowy hydro scheme would only partially offset the increases, Reputex saysThe government's proposed extension of Liddell power station would push up power prices, with its proposed investment in the "Snowy 2.0" pumped hydro project only partially offsetting the extra costs, analysts have said. .If the government did nothing, electricity prices would remain elevated and be heavily influenced by the price of gas, according to a report by energy analysis firm RepuTex into the government's two main initiatives to tackle the energy crisis. Continue reading...