Business leaders sound alarm over looming energy threats
"The threat of blackouts in Victoria has sparked alarm from some of the nation's biggest businesses with Coca Cola Amatil boss Alison Watkins comparing the situation to challenges it usually faced in developing countries.
The Australian Energy Market Operator warned on Thursday more than a million Victorian households could face blackouts this summer if power plant repairs at key facilities ran behind schedule without replacement supplies being secured.
...Federal Energy Minister Angus Taylor said Victorians would "pay the price this summer" and in future unless the Victorian government struck a balance with coal and gas as well as new sources including solar and wind.
Asked if it was unusual for
...The comments from Ms Watkins follow criticisms earlier this week of Australia’s high energy prices made by BlueScope boss Mark Vassella, who described Australia’s lofty energy costs as "a tragedy" for local manufacturing.
A Rheem spokesman said the water heater manufacturing company’s direct gas and direct electricity costs had increased by more than 50 per cent since 2017.
...Energy Users Association of Australia chief Andrew Richards predicted large power consumers would again be asked to power down to help keep the lights on..."