Energy Security Board chairwoman Kerry Schott says it is worth considering the idea of paying coal-fired power stations to stay in the energy market longer to help provide more stability in the transition to a low-emissions economy.

As Australia deals with the repercussions of a large influx of intermittent wind and solar into the National Electricity Market, Ms Schott said there needed to be better co-ordination of the retirement of older coal-fired and gas-fired power stations to avoid price shocks to the market.