The Six Pillars of South Australia’s $550 million energy security plan

The South Australian Government has today announced a $550 million package to address energy security issues within the state. 

The South Australian Government will invest in a
new publicly owned gas generator as part of
its $550 million energy security plan. 

The plan will provide support for the construction of new renewable energy power stations, battery storage facilities, a publicly owned gas generator, and provides the state energy minister greater control over the operation of power stations in times of emergencies.

The plan follows two significant events in the last six-months which left parts of the state, or at times the whole state, without electricity during extreme weather events.

In announcing the plan this morning, South Australian Premier Jay Weatherill cited the need to act on energy security, stating that the open energy market had failed to make the investments necessary to maintain energy security in the state.

Read the RenewReporter story by Michael Mazengarb - “The Six Pillars of South Australia’s $550 million energy security plan.”