Business
Renewable energy boom could force coal power to close early, says new report – ABC News
An analysis of Australia’s energy market has found a number of the nation’s coal-fired power stations could be financially unviable by 2025 and at least one may…
An analysis of Australia’s energy market has found a number of the nation’s coal-fired power stations could be financially unviable by 2025 and at least one may be forced to close early.
Key points:
- Solar and wind plants will add 70,000GWh to the grid by 2025
- Coal-fired generation will drop by 28 per cent
- Industry acknowledges increasing pressure
The joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) think thank and advisory firm Green Energy Markets attempts to quantify…
-
General20 hours agoByford rail extension opening marks final stage of Perth Metronet
-
General21 hours agoMango the muster cat draws attention to western Queensland’s ongoing recovery
-
Noosa News17 hours agoSerious traffic crash, Noosa – Sunshine Coast
-
Business23 hours agoWhat $10,000 invested in the iShares S&P 500 IVV ETF could be in 10 years