Quantcast
au iconAU

 

 

Federal Government hands $1 billion to Clean Energy Finance Corporation to boost power grid reliability

The Federal Government has committed $1 billion to help improve the reliability of the electricity grid, in a move it says will help households get "a fair deal on energy".

Federal Government hands $1 billion to Clean Energy Finance Corporation to boost power grid reliability
smsfadviser logo
Federal Government hands $1 billion to Clean Energy Finance Corporation to boost power grid reliability

In what energy experts described as good signal but a drop in the ocean compared to requirements over the coming decades, the $1 billion will be handed to the Clean Energy Finance Corporation (CEFC) for investment in technologies that help to maintain the reliability of Australia's electricity grid.

Read more at the ABC

Subscribe to Public Accountant

Receive the latest news, opinion and features directly to your inbox