Big hydro generators offered protection from new water regime

Wed, 04 Sep 2019

By Pattrick Smellie Sept. 5 (BusinessDesk) - Government efforts to improve freshwater quality have run up against its 100 percent renewable electricity goal, requiring protection for the country’s largest hydro-electricity schemes from key elements of the proposed new National Policy Statement on Freshwater Management. With hydro-electricity producing around 60 percent of the country’s total electricity supply, major electricity generators were “concerned over the regulatory risk and uncertainty” created if they had to meet the new fresh...

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