Increase Investment: Sres and Power Prices

increase investment: I'll get on to today's announcements about measures to lower power prices and increase investment in generation in a second, but first, what are you doing with small-scale renewable energy scheme SRES Labor has now said it stays until 2030, according to The Guardian. There's no plan to change the SRES. The SRES and the large-scale renewable energy target are around until 2030. The discussion follows government announcements on measures to reduce power prices, including a last resort divestiture power to break up power companies, and mechanisms to boost investment in new electricity generation. They fade between now and 2030, there's decline as technology continues to improve. You are not going to scale SRES back, you are not going to change it The deeming rates fall every year between now and 2030. That's our position. (news.financializer.com). As reported in the news.

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