Business
Coal power stations going broke: Schott – The Australian Financial Review
At the current rate of renewable energy growth, coal power stations could shut four or five years earlier than their rated lifespan, Energy Security Board chairwoman…
AGL, however, holds an advantage compared with its rivals because its Bayswater and Loy Yang A plants are the lowest-cost coal plants in NSW and Victoria, respectively, he added.
AGL is already due to close its Liddell coal power generator in the NSW Hunter Valley by April 2023, but a five-year acceleration of other major coal plant closures would see Deltas Vales Point plant close the following year, while EnergyAustralias Yallourn and Origin Energys huge Eraring plant would shut as early as 2027,…
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