Antinuclear

Australian Capital Territory went first and fastest to 100 per cent renewables: It now looks like the smartest policy of all

 The ACT government continues to reap the rewards for its early and bold
push to 100 per cent renewables, which is now looking like the smartest
policy of all – shielding its residents from the ravages of largely
fossil-fuelled electricity price hikes.

The latest quarterly data assessing
the cost of the ACT government’s commitment to sourcing the equivalent of
its annual demand from wind and solar – which it met on schedule in 2020
– shows the additional cost of the policy in the latest quarter was just
$3 a megawatt hour. Indeed, three of the wind farms contracted by the ACT
government returned significant sums of money (a total of $4.4 million) to
the ACT because the contract prices they agreed to are significantly lower
than current wholesale electricity prices.

 Renew Economy 8th Oct 2025, https://reneweconomy.com.au/act-went-first-and-fastest-to-100-per-cent-renewables-it-now-looks-like-the-smartest-policy-of-all/

October 12, 2025 - Posted by Christina Macpherson | AUSTRALIA - NATIONAL, energy