For years the federal government published an annual stocktake of major electricity projects in the pipeline: some firmly committed, some undergoing feasibility studies, some simply proposals. But in 2016, the stocktake was suspended. There was too little investment to report.
The only information we have now is from the Australian Energy Market Operator, which publishes a simple graph and table of future projects on its website. It shows committed investment amounting to just 634 megawatts of new electricity generation – 583 MW of wind and 51 MW of solar – within the national electricity grid. Proposals exist for gas-fired stations, but none are definite. And there’s not a single plan for another coal-fired station.
To put that in perspective, the extra wind and solar generation would add a little over 1 per cent to the capacity of the national grid – if the gain wasn’t dwarfed by the 1618 MW of coal- and gas-fired power stations that have recently closed, and the further 3835 MW, overwhelmingly coal-fired, slated for closure. (The closures include Australia’s biggest polluter, the fifty-year-old Hazelwood power station, near Morwell.)
Read what Tim Colebatch has written on Inside Story - “Energy security: a litmus test for the PM and his deputy.”
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