Tag «electricity prices»

RET PUSHES ELECTRICITY PRICES UP

Renewable Energy Target Needs to be Amended Joint statement from Kate Carnell, Chief Executive Officer, Australian Chamber of Commerce and Industry; Jennifer Westacott, Chief Executive, Business Council of Australia; and Brendan Pearson, Chief Executive, Minerals Council of Australia. New modelling on the impact of the Renewable Energy Target (RET) on the economy underscores how the …

Energy and Environmental State Aid: New guidelines offer only limited protection from increases in electricity prices

“We appreciate the aim of the guidelines that the energy intensive industry, such as steel industry should be protected from artificial increase in electricity prices due to support offered to preferred energy generation technologies”, Gordon Moffat comments on the adoption of the new guidelines for energy and environmental state aid today by the European Commission …