Part 6/8:
The potential shutdown of industrial facilities is compounded by concerns over grid stability and reliability. The reliance on intermittent renewable sources without adequate backup poses risks to maintaining a stable electricity supply. This instability contrasts sharply with the promise made by Prime Minister Anthony Albanese to slash power prices by $275 by the end of the year. In reality, prices have soared by approximately $750 to $1,000, and the current trajectory suggests that they may continue to climb under the current policy framework.