Business
Is this the end of coal? – The Australian Financial Review
The closure of the 1480-megawatt Yallourn coal-fired power station is considered by many to be the death knell of coal in Australia.
The key is weve got the dispatchable capacity replacing it and our capacity mechanisms to strengthen the investment in the marketplace.
Most vulnerable
Weve been here before with the closure of the Hazelwood brown coal plant in Victoria in 2017, and AGL Energys decision to close the Liddell plant in NSW by 2023.
But for some, the Yallourn decision announced this week makes coals demise seem alarmingly close.
Prices are depressed as renewables come into the grid. And that makes it harder to recover…
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