Interconnection vital to competitive, clean energy markets

Australia’s national electricity grid will need stronger interconnection to support renewable energy and keep wholesale markets competitive.

Energy Networks Australia Chief Executive Officer, John Bradley, said recent generation closures in South Australia had driven up wholesale electricity prices in South Australia but more interconnection could reduce pressure on customer bills.

“Interconnectors aren’t always popular with incumbent generators because they inject competition into wholesale electricity markets, with security and cost benefits for energy users,” Mr Bradley said.