The New South Wales opposition says the Energy Security Corporation would drive investment into renewables to ensure services 'when the Sun doesn’t shine or the wind doesn't blow'.
That included the 100 per cent sale of electricity provider Transgrid in 2015, a move which earned the Coalition government at the time $10.27 billion.On Saturday during campaigning, Energy Minister Matt Kean announced a further $323 million towards developing more renewable energy projects such as grid batteries and pumped hydro.It is part of the Coalition's $1.5 billion Clean Energy Superpower Fund, which Mr Kean said could save households up to $600 a year on power bills.
Energy Minister Matt Kean says the Coalition's policy will save households up to $600 a year on their power bills."We welcome initiatives … that support the private sector's role in the clean-energy transition, including policy initiatives that encourage collaboration and partnerships that help solve challenges with renewable and long-duration storage projects."
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