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According to the latest version of AEMO’s flagship report, the 2026 ISP released in June, over 5 GW of coal is scheduled to close in 2029:
By 2035, Australia is scheduled to have lost around 15 GW of coal capacity, almost all from Victoria and NSW.
Given the challenges that evolving and growing electricity demand will place upon the grid, these targets appear to be entirely unrealistic and present an unnecessary risk to the continued supply of power to homes and businesses.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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