‘Kill the viability’: big batteries to lose out from electricity grid rule change

Australian Energy Market Commission rule changes for batteries, pumped hydro and other storage may increase ‘risk perception’ for potential investorsFollow our Australia news live blog for the latest updatesGet our free news app; get our morning email briefingTesla, Snowy Hydro and other big suppliers of storage capacity on Australia’s main electricity grid warn proposed rule changes amount to a tax on their operations that will deter investors and slow the decarbonisation of the industry.The Australian Energy Market Commission (AEMC) will release its final decision this Thursday on new rules for integrating batteries, pumped hydro and other forms of storage.Sign up to receive an email with the top stories from Guardian Australia every morning Continue reading...