Taylor warns early coal closures could push up prices, risk blackouts
Federal Energy Minister Angus Taylor said the earlier than expected closure of coal-fired power stations could leave Australia’s energy grid exposed to blackouts or higher prices unless they were replaced with new and reliable generation.
He said AGL Energy’s decision to bring forward the exit of its Bayswater and Loy Yang A coal-fired power stations would leave a “considerable gap” of 5000 megawatts of generation in the National Electricity Market (NEM).
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Mark Ludlow writes on politics, energy and infrastructure based in Brisbane. Connect with Mark on Twitter. Email Mark at mludlow@afr.com
Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com
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