Australia’s New South Wales state will hold talks with Origin Energy Ltd. over plans to shutter the nation’s largest coal-fired power station as soon as 2025 amid rising concerns about future energy supply.
Risks of delays to projects to add renewable generation capacity and energy storage, along with a need for additional transmission infrastructure, mean the state should seek a temporary extension to the operation of the Eraring plant, a report commissioned by the New South Wales government said Tuesday.
Australia’s grid operator last month flagged risks of shortfalls in energy supply over the next decade as almost two-thirds of coal capacity is retired. While investment in large-scale renewable projects more than doubled last year, power demand is forecast to continue rising as the population grows.
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