According to the Australian Financial Review, new wind and solar projects currently being built are already pushing down household power prices as well as creating jobs and investment, said Kane Thornton, CEO of the Clean Energy Council.
Green Energy Markets estimated this week that wholesale power prices will halve within a couple of years.
"Given the government's strong focus on reducing power prices, we are confident Mr Taylor will recognise the value of these new technologies to the future of our energy system," he said.
"Investment in energy generation does not need new subsidies, but it does need certainty.”
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