The Importance of Capacity Markets

There's a renewed push for net from the regulators and certain parts of the market. It comes down to how they are designed, whether they're there to incentivise a new generation or simply to profit the old one. If you're going to have a longer-term capacity, available capacity market, then it has to be low carbon. That's what we're trying to do. All the electricity industry has known all this stuff for a decade. Not the slightest bit of it is new. The chickens are coming home to roost because the big gen tailors have done nothing about it. Various state governments, including and federal governments, including particularly the federal government and Queensland government, just don