The national electricity market operator has backed the construction of an interconnector with New South Wales to slash power prices and improve energy security in South Australia - something Conservative Party leader Cory Bernardi says won't do what it is intended to and cut power prices over the long-term.
The Advertiser reports,. in a plan released today, the Australian Energy Market Operator says Australia needs an “interconnected energy highway” to meet current and future demand.
Modelling for SA transmission company ElectraNet found the interconnector could help cut annual household power bills by $30.
The report supports the construction of a $1.5 billion interconnector between NSW and SA, boosting the energy transfer capacity between the two states by 750MW.
But Senator Bernardi has told FIVEaa's Leon Byner he's not convinced an interconnector will deliver long-term savings to South Australia.
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