Aug 7, 2026 – 5.00amThe Australian arm of French utility giant Engie is having to bet that wholesale electricity prices will rise to justify pressing ahead with over $1.5 billion in wind projects needed to replace retiring coal plants and keep the energy transition on track.Laura Caspari, in her first interview as the head of Engie in Australia, said the electricity generator and retailer hoped to press go next year on a large wind project in Victoria, with another in South Australia targeted by early 2028.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
‘Wicked problem’: Engie’s Caspari stakes $1.5b on rising power prices
The French utility major is betting wholesale power prices will increase to justify wind farm investments even as the federal government insists prices must fall.
107 words~1 min read
