<
https://theconversation.com/australias-largest-coal-plant-will-close-7-years-early-but-theres-still-no-national-plan-for-coals-inevitable-demise-177317>
"In a major step forward for Australia’s clean energy transition, the country’s
biggest coal-fired power station Eraring is set to close seven years early in
2025, Origin Energy announced this morning.
Eraring has been operating for 35 years in the central coast of New South
Wales. Last year, it alone was responsible for around 2% of Australia’s
greenhouse gas emissions, based on calculations from electricity market and
emissions data.
The fundamental reason for its early closure is the brutal impact the growth of
renewable energy is having on the profitability of coal plants. Origin has
announced it will be building a large, 700 megawatt battery on-site in its
place to store renewable energy.
This announcement follows the acceleration of other major coal plant closures:
Liddell power station is scheduled to close in 2023, Yallourn’s closure was
brought forward to 2028, and only last week AGL Energy edged forwards the
scheduled closure of two more coal plants.
This is a welcome step with transition planning by Origin – but also underlines
the risks of Australia’s clean energy transition accelerating without a
national plan for the exit of coal."
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
