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ACCC proposes to authorize renewable energy joint purchasing group

( June 17, 2016, 05:13 GMT | Official Statement) -- MLex Summary: The Australian Competition and Consumer Commission is proposing to grant a 15-year authorization to the Melbourne Renewable Energy Project, a joint purchasing group comprised of the Melbourne City Council and 13 other parties. The group aims to promote investments in renewable energy by pooling their demand for electricity into an electricity load that is large enough to support the development of a new renewable-energy generation system. Inputs on this proposal will be accepted until June 20, 2016.The regulator's full statement follows:...

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