Why TransGrid is the leader of the network pack - Business Spectator
Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report. Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website. The trio of state distribution businesses are in the Australian Competition Tribunal, associated with the Federal Court, challenging amid media controversy the Australian Energy Regulator’s ruling that they should do a lot more with less money. TransGrid, which manages 99 bulk electricity sub-stations and 12,900 kilometres of power lines -- the distance of a return flight from Sydney to Singapore -- is intended to be 100 per cent leased in what the Baird government hopes will be a done... The business is a critical link on the east coast power supply chain, connecting power stations, distributors and major end-users. The HV business says it accepts the regulator’s determination means cost certainty over the next five years for its customers and consumers and wants "to play our part in bringing down the cost of electricity for householders and. Source: www.businessspectator.com.au
