Page Research Centre Chief Executive Gerard Holland has criticised the Australian government for having “massively overinvested” in renewables which are “intermittent and unreliable”.
“It wouldn’t be a surprise to anyone that on Wednesday of this week, we were told not to use our pool pumps, our dishwashers, our air conditioners, less the entire grid collapse due to one unscheduled outage out at Eraring power station,” Mr Holland told Sky News Australia.
“We have massively overinvested in renewables.
“The vast majority – 80 per cent of investment – over the last 10 years has gone towards intermittent and unreliable power, and we have underinvested in that baseload capacity in the grid.”