The end of coal-fired power is in sight, even with private interests holding out

Tue, 25 Oct 2022 04:09:29 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://theconversation.com/the-end-of-coal-fired-power-is-in-sight-even-with-private-interests-holding-out-191951>

"If future historians pick a point in time when Australia comprehensively
turned its back on coal-fired generation, they may well point to AGL’s decision
to bring forward the closure of Loy Yang A, the cheapest (excluding emission
costs) power generator in the energy market spanning eastern Australia.

AGL announced on September 29 that Loy Yang A will close in 2035, ten years
earlier than previously planned.

The day before, the Queensland government announced it would decommission or
repurpose all its coal generators by 2035. (It owns five of the state’s eight
coal-fired plants, and has a joint-venture holding in another.)

Origin Energy announced in February it would bring forward the closure of the
biggest coal-fired electricity generator in New South Wales, Eraring, from 3032
to 2025.

So the big coal-generation owners in the National Energy Market (which covers
eastern Australia but not Western Australia and the Northern Territory) have
made their intentions clear. The era of coal-fired generation is rapidly
drawing to a close.

The questions now are: what forms of electricity generation will replace coal,
how much will it cost, and who will pay?"

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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