Power giants want new projects prioritised as coal is phased out - Sydney Morning Herald

Origin Energy and EnergyAustralia want support for new projects that would back up renewables, and want to be paid for guaranteeing power, not just providing it.

However, the company suggested a better approach would be to limit the scope of the mechanism to new resources only. This provides more confidence as it is based on a transparent identification of a… [+2553 chars]

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