https://www.abc.net.au/news/2017-07-18/australian-gold-plate...
It seems to be both overinvested and underinvested? How can it be both? (Sorry looking for insight not trying to disprove what you say)
It seems to be both overinvested and underinvested? How can it be both? (Sorry looking for insight not trying to disprove what you say)
Demand management, variable load, need for Syncons and storage and need for more resiliency in the inter-state connections and the "rhombus of regret" are where money needs to go.
the gold plating was not made there. And in any case, its rent-seeking behaviour: its not a good model.
(this is highly subjective opinion btw. A good economist to read on this is John Quiggin, and a good alternative engergy advocate is Giles Parkinson, reneweconomy. They are also partisan, but knowledgeable.)