August 26, 2021 Read More →

Australian states resist federal coal and gas-fired subsidies to keep plants running

ABC News:

The Federal Minister for Energy and Emissions Reduction, Angus Taylor, is battling to get support from the states and territories for his plan to get electricity retailers to pay coal and gas-fired power generators to keep operating.

The PRRO would require energy retailers to pay for spare energy capacity in case it is needed.

That spare capacity could come from renewable resources like batteries, pumped hydro, and demand management, but the federal government wants it to also include unused capacity in coal and gas-fired power plants.

That could see energy retailers giving money to coal-fired plants and prolonging their use through the system, if their existing spare capacity is cheaper than developing new storage options.

[ Melissa Clarke ] 

More: States push back against subsidies for coal and gas-fired power plants 

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