Australian energy market outlook: coal-fired power stations to remain open?

With up to 62% of its coal fleet now expected to close before 20331, Australia’s National Electricity Market is perched on the edge of one of the largest transformations since the market was formed over 20 years ago. But can it afford to go ahead with these closures? The scale of opportunity to meet an imminent and growing need for firm capacity, new forms of energy production, and significant consumer energy investments is unparalleled in Australia’s energy history. This report shows that imminent and urgent investment is needed to meet this opportunity, or the reliability of the NEM will be […]