Former head of the competition regulator Rod Sims says he has been warning the Victorian Labor government about gas shortages for a decade but was ignored, after wild storms left more than 45,000 homes and businesses in the state without power on Monday.
The second day of a forecast three-day heatwave pushed demand on the state’s energy supplies to historic highs on Monday and renewed debate over energy security.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.