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Tony Wood on the unprecedented energy crisis
As the energy crisis continues to grip Australia’s east coast with consumers told to limit their consumption and warnings of blackouts Tony Wood, director of the energy program at the Grattan Institute, speaks with Michelle Grattan about why this has happened and what can be done to fix the system.
The crisis is unprecedented, Wood says. “We’ve certainly seen situations where things have got very tight[…] But this sort of extended period when we’ve had major power outages and real stress on the entire system for such a long time has never been seen before.”
He says the crisis could have been…
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