
Chris Bowen on gas, batteries, EVs, wind and targets
Energy Insiders - a RenewEconomy Podcast
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The Commonwealth for Compact Capacity Investment Mechanism
The Commonwealth will run the auction as the Commonwealth for a compact capacity investment mechanism. It's pretty similar to the old Tesla scheme in New South Wales except we're not passing the costs on to consumers and gas isn't allowed under ours. I've said second half an extra year will be when it starts, so we can do that much more quickly than the 2025 date of the original ESP capacity mechanism. That will start second half of 2023. We might run it parallel to the new South Wales scheme with New South Wales. Of course, they've got their targets and targets are great but this capacity investment scale is very much helping them achieve those targets absolutely. Do you expect Victorian and Queensland water
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