News
Prime Minister Scott Morrison has left the door open for a new coal-fired power station in Queensland, despite endorsing a new climate policy.
Insights
Stanwell and CS Energy just-released annual reports make it clear there’s not much good news for Queensland’s coal-fired power generators, writes Robert MacDonald
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When Stanwell boss Richard Van Breda floated the prospect of early shutdowns of Queensland’s coal-fired power generators, it could have been the start of an important discussion. Instead it produced a knee-jerk response from the Energy Minister
The government-owned electricity generator Stanwell has lost its chief executive just days after he revealed the company was setting a new course that included temporary mothballing of its coal-fired generators and possible early closure.
Two of Queensland’s biggest electricity generators are facing temporary shutdowns of their generator units or even early closure in response to massive changes in the market brought about by renewable energy.
Origin has warned that wholesale energy prices were unsustainable which was likely to lead to “a supply response” of companies withdrawing generation.
