Neta is threat to renewable energy supply, buyers warn_2
19 July 2012
Renewable energy supplies are under threat from the New Electricity Trading Arrangements (Neta), key energy buyers warned this week.
Since Neta’s introduction in March, bills have come down by between 20 and 25 per cent, but buyers claim it has also begun to choke off renewable sources.
Because Neta ties generation precisely to customers’ contracted requirements, electricity supply companies have preferred predictable sources of energy to less consistent methods, such as wind farms and...