Power plant closure dims energy plans
Ah, the electricity market – it’s been a while… A big brown coal-fired power plant located in Victoria’s Latrobe Valley will close in mid-2028 – 4 years earlier than its planned 2032 exit. Energy Australia boss Catherine Tanna said the sector is changing quickly, and Yallourn’s decommissioning is warranted. There are 500 workers who will lose their jobs when the state’s oldest electricity generator closes. It produces 20% of the state’s electricity (aka 1,480-megawatt) – and 13% of its emissions. The company will have a 350-megawatt battery built at its Jeeralang gas plant to cover some of the lost output. That’s not soothed Energy Minister Angus Taylor who says he expects the energy sector to “step up” to ensure the lights can be kept on. But the Australian Energy Market Operator says 7-years notice means there’s enough time to sort it out. If you were in Victoria last night, that sound you could hear was climate change campaigners celebrating…
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