Business
Hydrogen project fuels Latrobe Valley job hopes as coal plants close – The Sydney Morning Herald
Australia’s most advanced project trialling hydrogen exports to Asia has begun production in Victoria’s Latrobe Valley, raising jobs hopes as coal plants retire….
The risk of accelerating coal generation closures is increasing as the market makes room for the rapid addition of renewable generation, Goldman Sachs analyst Baden Moore said
Tom Allen, director of Australian energy and utilities research with UBS, said black coal plants ran at much higher short-run marginal costs.
So those nearing the end of their technical lives may be re-evaluating their closure dates, he said.
The Latrobe Valleys hydrogen project aims to convert coal into hydrogen gas, while…
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