End of coal coming sooner than expected

Australia’s energy market is changing rapidly.   Coal fired power plants are closing earlier than planned... and their owners are building batteries in their place! 

 

Last year Energy Australia announced the Yallourn plant in Victoria will close and Origin Energy last week announced its Eraring plant in NSW will close seven years earlier than planned. Tech billionaire Mike Cannon-Brooks says he wants to take over AGL with a similar plan, shutting down powerplants early and building renewable infrastructure. 

 

We’re joined by Mike Foley, the climate and energy correspondent for The Age and the Sydney Morning Herald to find out what’s going on and how it will speed up our transition out of coal fired power... and do we risk price hikes and power blackouts... as the Energy Minister Angus Taylor has warned

 

Todays Headlines

• Cannon-Brookes AGL bid knocked back
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• Sydney trains to run on reduced schedule today

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