Massive wind farm contract to help power 46 Victorian councils

Forty-six Victorian councils sign up to buy 240GWh of renewable electricity from two major wind farms in deal with Snowy Hydro-owned retailer Red Energy.
— Read on reneweconomy.com.au/massive-wind-farm-contract-to-help-power-46-victorian-councils/

Doesn’t this mean Local Governments ganging together to help dreaded Fed Govt(owners of Snowy) with their (Free) Market Intervention! Is it fixed price, no variations for contract period?

About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
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