As we know, Australia’s East Coast already has a suite of secretly subsidised coal power stations in NSW, VIC and QLD to go alongside heavily subsidised renewables.
The reason for this is that the “duck curve” of renewable energy, which makes power super cheap during the day, then expensive in the evening, does not work for the economics of coal power, which cannot be switched on and off.
It therefore runs at a loss much of the time these days.
