Australia’s largest coal-fired power plant dies

Advertisement

Another one bites the dust:

Origin Energy has brought forward plans to close Australia’s largest coal-burning power station to 2025, seven years earlier than scheduled, as the rollout of clean energy across the country accelerates.

The power and gas giant has handed in notice to authorities that it intends to shut down the 2880-megawatt Eraring generator at Lake Macquarie in NSW after the required notice period of three and a half years, saying “rapidly changing” energy market conditions have hammered the plant’s viability.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.