Original article by Mark Ludlow
The Australian Financial Review – Page: 4 : 26-Sep-16
France-based Engie could make a final decision on the mooted closure of Victoria’s Hazelwood coal-fired power station in October 2016. Some media reports have suggested that the power plant could be shut down in April 2017, but Energy Minister Lily D’Ambrosio says no decision has been made. Tony Wood of the Grattan Institute says the brown coal plant’s closure would result in higher electricity prices, while Federal Energy Minister Josh Frydenberg has questioned the need for states to have their own renewable energy targets.
CORPORATES
ENGIE SA, VICTORIA. DEPT OF ECONOMIC DEVELOPMENT, JOBS, TRANSPORT AND RESOURCES, GRATTAN INSTITUTE, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, COUNCIL OF AUSTRALIAN GOVERNMENTS, AUSTRALIAN NATIONAL UNIVERSITY. CENTRE FOR CLIMATE ECONOMICS AND POLICY