03 September, 2018

The reality is new coal power is not the answer for cheaper electricity bills

The tipping point's been reached: renewable energy is now a cheaper source of power for Australia's future electricity needs than coal.
Cold, hard numbers show that renewable energy is,
and will continue, supplying cheaper electricity than
new coal-fired power plants could.
Surprised? That's understandable, given the plethora of politicians in Canberra who keep saying that coal is the key to cheap electricity and renewables drive up prices.

Among them, the "insurgents" — demanding that new coal-fired power stations be built — who helped roll a prime minister viewed as not sufficiently pro-coal.

But it's a fact. The cold, hard numbers show that new renewable energy is supplying cheaper electricity than new coal-fired power plants could and will continue do so.

No less an authority than the Australian Energy Market Operator agrees.


No comments:

Post a Comment