Published: October 23, 2018
Prime minister announces plan to boost investment in new ‘reliable’ power
The Morrison government has held out the prospect of government support for new coal-fired power stations “where they meet all the requirements” of yet-to-be determined mechanisms to boost investment in new electricity generation.
Scott Morrison and the energy minister, Angus Taylor, on Tuesday flagged a range of policy interventions to boost investment in new “reliable” power generation, including providing a floor price, contracts for difference, cap and floor contracts and government loans.
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