Transgrid’s latest cost blowout raises a key question: What was the point of privatising energy networks?
If the shareholders in network monopolies aren’t prepared to wear the core and highly obvious risks associated with their business, why did we privatise these things in the first place?

State Labor government says its 100 Neighbourhood Batteries Program will soon have delivered 139 batteries across the state.
A group of locals are appealing a permit issued for the on-shore transmission infrastructure to connect the Marinus Link undersea cable with the Tasmanian grid.
French developer of the troubled Hinkley Point C nuclear power plant says it likely to be delayed by a further 12 months, costing the company an additional €2.5 billion.
GoodWe Australia’s three-phase ESA all-in-one system gets CEC approval for nationwide installations.
State Labor government shifts into caretaker mode after locking in "pivotal" plan to launch a major competitive tender for new solar, wind and storage projects.
Renewables dedicated offshoot of finance giant Macquarie emerges as buyer of oil giant's gigawatt-scale portfolio of solar and storage projects around Australia.
The draft rule will allow the energy regulator to alter a specific part of network revenue determinations when updates are made.
Last week, the UK committed up to £1 billion to community and local energy, with an ambition that by 2030, every community will have the opportunity to own an energy project. Australia should take notice.