The electricity market must now comply with a national objective to cut greenhouse emissions following a meeting of energy ministers in Canberra.
Australia has plenty of gas. So why are facing an energy crisis?
Australia’s switch to zero emissions needs a market reform that pays coal,gas and renewables to power the electricity grid,the Energy Security Board says.
State and federal ministers will meet on Wednesday to discuss solutions to the gas crisis as they look to protect local manufacturing from supply shortages.
The state government says it is changing forestry laws to make regulations clearer,but a host of environment groups fear the move will increase logging and pose a threat to vulnerable species.
At 300 megawatts,the Victorian Big Battery is one of the world’s largest. It took less than a year to build and came online just months after it caught fire.