State in the dark on cost of coal power plant lifeline

A NSW authorities resolution to maintain open Australia’s largest coal-fired energy station is being likened to taking part in poker whereas exhibiting your playing cards.

An unbiased report launched on Tuesday beneficial the state work with operator Origin Energy to increase its operation of the Eraring Power Station within the state’s Central Coast area.

This will preserve the plant working past its deliberate closure date of 2025.

The report predicted shutting Eraring as deliberate would end in greater vitality prices for households and companies throughout the state due to the influence on electrical energy provide.

While the opposition welcomed the report’s findings, which matched its personal electrical energy infrastructure plan, shadow treasurer Damien Tudehope mentioned the federal government had no concept what the price can be to maintain Eraring open.

“What we have is an announcement of potentially keeping a coal-fired power station open for a period of time, but we don’t know the time and we don’t know the cost,” he mentioned on Tuesday.

“Going into a negotiation to keep (Eraring) open in circumstances where you say our starting position is zero … is like playing a poker game, where you are telling your opponent what all your cards are.”

Energy Minister Penny Sharpe confirmed the federal government would enter talks with Origin on its plans for the facility plant, whereas investigating different options to ship extra renewable vitality technology, transmission and storage.

Ms Sharpe additionally mentioned it was not clear what number of extra years Eraring would have to be open past 2025, or how a lot it might value taxpayers.

The resolution was slammed by environmental group Greenpeace Australia which mentioned it was “bonkers” to prop up a polluting energy station with public cash throughout value of residing and local weather crises.

“We know that the best solution for delivering reliable electricity while slashing emissions and power bills is renewable energy, backed by battery storage,” chief govt David Ritter mentioned.

“The NSW government is rightly moving to speed up this transition to clean energy, but spending any public money on shoring up dirty, polluting coal would be a step backwards.”

Source: www.perthnow.com.au