Synergy has swung into the red with a $779 million loss after wiping the value of its coal-fired assets to zero and reporting a cost blowout in its decommissioning estimates.
Former Commissioner of the Australian Energy Market Commission Michelle Shepherd has been appointed chairperson of WA's gas and electricity supplier Synergy.
Whatever the findings of Michelle Shepherd's report into summer power outages, due to be delivered today, Western Power will be embarking on a massive capital investment program.