Australia’s largest coal-fired power plant will be closed in 2025, years earlier than planned, operators said Thursday, saying the facility is no longer viable given the low cost of renewable energy. ..
Origin Energy told investors that the “influx of renewable energy” “damages the economy” of the vast Eraring plant decades ago, just north of Sydney.
Australia is one of the largest coal producers in the world, climate polluted fuels are an important source of export revenue, and the current administration is supporting more such plants.
“Today we have suggested that the closure of Eraring could be accelerated until mid-2025,” said Frank Calabria, CEO of Origin Energy, saying the move is “challenging” for hundreds of staff. recognized.
The plant has been in operation for almost 40 years and was scheduled to be decommissioned in 2032.
“In reality, the economics of coal-fired power plants are being driven by unsustainable pressure from cleaner, lower-cost power generation such as solar, wind and batteries,” Calabria said.
The plant currently has four 720 MW coal-fired generators and one 42 MW diesel generator, supplying about a quarter of the electricity to Australia’s most populous state, New South Wales. doing.
The company has plans for A $ 240 million (US $ 173 million) to reuse the plant and install a large 700 MW battery.
Origin is the latest Australian energy Producers announce an early closure of coal assets, even though the conservative government claims to support new coal projects.
Some coal mines and factories are also in a fiercely contested constituency, which means that both the government and the opposition Labor Party are trying to avoid offending coal-supporting voters.
The Mining Energy Union said Eraring workers were “blind” by the decision.
“For many Lake Macquarie and Hunter Valley families who rely on the Eraring power plant for their livelihoods, today’s announcement creates future uncertainty,” said union representative Robin Williams.
MP Matt Canavan, a pro-coal coalition government, said the closure “would be a disaster” and predicts rising energy prices.
Energy Minister Angus Taylor, who helped taxpayers invest in new coal-fired power plants, has vowed to confirm that there are “similar alternatives” to coal-fired power plants.
The move “endangers affordability and reliability,” he tweeted.
Ariel Liebman, an energy expert at Monash University, said the Origin Energy decision was made for commercial reasons, but it shows that the way Australians get energy has changed significantly.
“Everything is being adjusted to continuously accelerate the energy transition to renewable energy,” he said.
He added that the price surge due to the closure is probably short-lived.
“The rise in energy prices may not last long as this announcement drives some major wind and solar projects. It may even finally launch Australia’s offshore wind revolution. “
Environmental groups supported the news, but other experts warned that Canberra emphasized the need to face the reality of coal-fired power. plant It will soon be a thing of the past.
“These decisions are completely economical and closures are inevitable,” said Ritchie Melzian, a climate and energy expert at the left-wing Australian Institute think tank.
“Australia’s coal-fired power plants have thousands of workers Power plant.. They definitely deserve it. “
“Australian policy makers need to plan to take care of the coal-fired power plant community and workers, rather than selling false hopes in an attempt to support a dying industry.”
© 2022 AFP
Quote: Australia’s largest coal-fired power plant to close (February 17, 2022) from https: //phys.org/news/2022-02-australia-largest-coal-fired-power.html February 2022 Got 17 days
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Australia’s largest coal-fired power plant closed
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