Connect with us

Business

Coal plant closures loom large as NSW backs hydrogen for the Hunter – Sydney Morning Herald

NSW coal plants are under increasing threat from booming renewables, analysts say, as the state government tips $70 million into a hydrogen fund for the Hunter…

Published

on

ADVERTISEMENT

The black coal burned at Vales Point is more expensive than Yallourns brown coal, Mr Everett said, but Vales Point could be run with more flexibility to quickly ramp output up or down to better match demand limit production costs.
But Tom Allen, director of Australian energy and utilities research with UBS, said the markets focus would be on the long-term viability of black coal-fired generators in NSW, particularly amid the NSW governments plan to ramp up renewable energy investment, which will…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending