Original article by Mark Ludlow
The Australian Financial Review – Page: 1 & 8 : 17-Jul-18
The Australian Energy Market Operator has urged against the premature closure of coal-fired power stations, saying they should remain operating for as long as possible before being replaced by renewable energy sources. AEMO stated that this will ensure stability in the national energy market, as well as providing energy at low cost. AEMO notes that 30 per cent of the NEM’s current coal resources are due to reach the end of their technical life within the next two decades. The federal government will try to convince the states and territories to adopt its National Energy Guarantee at a meeting of the Council of Australian Governments’ energy council in August.
AUSTRALIAN ENERGY MARKET OPERATOR LIMITED, COUNCIL OF AUSTRALIAN GOVERNMENTS, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, AGL ENERGY LIMITED – ASX AGL, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION