Australia's largest coal-fired power station at Eraring in the NSW Hunter Valley may have its life extended by the NSW government.
abc.net.au/news/nsw-eraring-power-station-possible-life-extension/102814540The New South Wales government is set to unveil its much-anticipated decision about the future of the Eraring coal-fired power station near Newcastle.
In July the Australian Energy Regulator found wholesale electricity prices rose in May due to higher demand in southern states, lower solar generation, and reduced cheap coal capacity in NSW and Queensland. AEMO found those projects, alongside the Waratah Super Battery, would offset Eraring's retirement, making reliability risks within the acceptable limit.
Tim Buckley, from Clean Energy Finance, said providing government subsidies to keep Eraring open could lead to more setbacks for future wind and solar projects.
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