CEOs back capacity market, but divided on coal

대한민국 뉴스 뉴스

CEOs back capacity market, but divided on coal
대한민국 최근 뉴스,대한민국 헤드 라인

A capacity mechanism could prevent more energy crunches as seen in Australia, but executives are split on whether coal should be included.

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 90%

, industry CEOs say, but they are divided on whether coal generation should be included.

Several of Australia’s largest coal-powered generators are scheduled to run at reduced capacity throughout much of winter, straining the country’s energy market. The Energy Security Board last year proposed the capacity mechanism as part of its proposed post-2025 redesign of the National Electricity Market, but several state governments have voiced opposition to the plan.

The capacity mechanism is described as technology-neutral, but it could prop up the economics of coal power plants in the future depending on its design. Coal is being supported by surging wholesale electricity prices, but a flood of new renewable generation could again lead to lower prices that would see the fossil fuel struggle to compete with renewables.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

FinancialReview /  🏆 2. in KR
 

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Energy companies urged to find more gas for Australia as Labor mulls supply ‘trigger’ to ease price surgeEnergy companies urged to find more gas for Australia as Labor mulls supply ‘trigger’ to ease price surgeResources minister signals ‘very positive’ talks with gas corporations and suggested managing coal supply could relieve market pressures Pipeline from WA .
더 많은 것을 읽으십시오 »

Australia’s used car market is in overdrive as dealers chase customers to buy back vehiclesAustralia’s used car market is in overdrive as dealers chase customers to buy back vehiclesSupply chain issues cause unprecedented demand and wait times for used cars pushing dealers to contact private sellers directly RoyceRk2 We have been waiting over a year for a Kia!
더 많은 것을 읽으십시오 »

Santos CEO backs ‘smart’ investment incentive in UK windfall planSantos CEO backs ‘smart’ investment incentive in UK windfall planKevin Gallagher believes the UK’s levy on oil and gas profits could spur additional supplies of much-needed fossil fuels.
더 많은 것을 읽으십시오 »

Gold Coast 'red hot' property market shows signs of switching to buyers' marketGold Coast 'red hot' property market shows signs of switching to buyers' marketReal estate agents on the Gold Coast notice a cooling of the market, compared to how it was during the pandemic.
더 많은 것을 읽으십시오 »



Render Time: 2025-01-16 10:28:01