Independent report recommends phased closure of Origin Energy's Eraring coal plant by 2026, citing $120-$150m annual cost to NSW citizens and existing public subsidies.
An independent think tank report claims that extending the operation of Origin Energy's Eraring coal power station in NSW beyond its planned 2025 closure would cost NSW citizens $120-$150m per year, on top of over half a billion dollars in public subsidies already granted. The report recommends a phased closure of the plant by 2026, with sufficient replacement firmed renewables capacity available to avoid electricity supply gaps.
March 27, 2024
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