Hello darkness, my old friend – Australia’s reckless closure of coal-fired power plants
Australia has been actively closing its major coal power plants despite their clear advantages in terms of low operating costs and the ability to provide continuous baseload power, regardless of weather conditions. This reckless policy experiment has led to soaring energy prices and jeopardised reliability.
Despite clear warnings, governments and regulators have doubled down on forcing coal out of the market, despite its ability to provide dependable, dispatchable power in favour of intermittent renewables that cannot.
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