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Federal Government hands $1 billion to Clean Energy Finance Corporation to boost power grid reliability

Federal Government hands $1 billion to Clean Energy Finance Corporation to boost power grid reliability

The Federal Government has committed $1 billion to help improve the reliability of the electricity grid, in a move it says will help households get "a fair deal on energy".

by Shared by the ABC | Oct 30, 2019

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In what energy experts described as good signal but a drop in the ocean compared to requirements over the coming decades, the $1 billion will be handed to the Clean Energy Finance Corporation (CEFC) for investment in technologies that help to maintain the reliability of Australia’s electricity grid.