Australia's power network needs $72 billion boost

Australia's energy supply industry needs A$100 billion (US$72 billion) in funding over the next five years to help tackle the challenge of reducing greenhouse gas emissions in the midst of the global economic downturn, according to an industry survey.

The Energy Supply Association of Australia (ESAA) survey showed that A$50 billion would be required to refinance existing energy assets. ESAA chief executive Clare Savage said in a statement that the government's proposed Carbon Pollution Reduction

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: