The Australian Energy Council has tentatively supported the Albanese government's expanded Capacity Investment Scheme, stating that it could help accelerate the deployment of renewables and storage. However, the council also warned that the scheme could distort the market and called for industry consultation to ensure its effectiveness.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Blackstone and Vista Equity Partners to Acquire Energy Exemplar for $1 BillionPrivate equity firms Blackstone and Vista Equity Partners are set to acquire Australia's Energy Exemplar, a provider of energy market software, in a deal worth over $1 billion. Energy Exemplar's software tools are used globally to simulate and forecast energy markets, including electric, water, gas, and renewable energy. The acquisition reflects the growing demand for simulation software in the energy sector to optimize production capacity and increase efficiency.
Source: FinancialReview - 🏆 2. / 90 Read more »