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Australian power market: concerns about long-term reliability outlook as coal plants shut

Substantial and sustained investment in new capacity will be required beyond existing and committed capacity, with 391 MW required in 2027-28 increasing to 2,880 MW by 2033-34. These longer-term shortfalls are driven by forecast strong demand growth and reduced supply due to anticipated retirements of coal-fired generation. This highlights a continued need for new investment in Reserve Capacity and enabling transmission network infrastructure.

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