Business
AEMO says 19GW of new projects lining up in Victoria to replace dying coal – RenewEconomy
Yallourn’s closure will take a chunk out of Victoria’s electricity supplies, but a deep pipeline of new wind and solar projects will make up the gap.
Despite what federal energy minister Angus Taylor might have you believe, the announcement of the early closure of the Yallourn power station did not send the energy market into a panic. Nor should it mean the lights will go out, as many conservative commentators are claiming.
The certainty of a closure deadline and a commitment from EnergyAustralia to invest in a big battery project was largely commended, with both market participants and regulators exhibiting confidence that there will sufficient…
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