Surprise coal plant closure fires Morrison government warning to industry

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The Morrison government is demanding the energy industry invest in more power supply to replace the Yallourn coal fired power plant, which will be closing early.

Private energy companies have been put on notice to replace power supplies that will be lost with the early closure of Victoria’s Yallourn coal plant, federal Energy Minister Angus Taylor has warned.it had brought forward the closure of its brown coal power plant in the Latrobe Valley from 2032 to now shut in mid-2028.Yallourn supplies up to 22 per cent of Victoria’s electricity demand and employs about 500 workers.

He said the government would review the situation before it emulated its action in NSW - where it pledged to build a gas power plant to replace the dispatchable power lost in the 2023 closure of the Liddell coal plant. Alex Wonhas, the chief system designer at the Commonwealth’s Australian Energy Market Operator, said state and federal governments needed to co-operate on the major reforms called for by the Energy Security Board, an advisory body set up when the NEG fell over.

Labor’s climate change and energy spokesman Chris Bowen criticised the government’s efforts to provide national policy for energy reform. “We need to make sure these people can find rewarding and sustainable careers in their local region rather than just expecting them to move and hollow out the Latrobe Valley Gippsland economy,” Senator McKenzie said.

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Like the libs watched the last lot of powder price rises and did nothing. All talk. Would you buy a used car off Morrison

Just think, if we owned the power supply system we could decide how much is invested, and when.

Um, they are...

Lots of talk ,but no action

Where is the energy minister? Why didn't this corrupt mofo have a jobs transition plan In place for workers

auspol

Yep Invest in renewables Coal is dying no matter how much the stooges in the LNP prop it up with subsidies

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