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SA-NSW interconnector nears final approval

High-voltage transmission network owner ElectraNet has given its commitment to proceed with the proposed SA-NSW interconnector to the Australian Energy Regulator, clearing the path for the regulator’s final approval stage.

 

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Taxpayers could be exposed as interconnector finances savaged

The $2.4 billion SA-NSW interconnector spruiked by the Marshall Government as a way to slash household energy bills has hit a major snag, with a Commonwealth adjudicator declaring a bid to start charging customers before the project is built would “cost consumers money and expose them to greater risks” – and warning broader cost savings are unlikely to kick in for a decade.