Almost two-thirds of Australia's coal-fired generation will be out by 2040, Aemo says

Rooftop solar capacity to double or even triple to replace existing thermal generation, new assessment by the energy market operator predicts

Australia's ageing coal-fired power plants could be shuttered earlier than expected if competition from renewable generators and carbon budgets render them uneconomic, according to a new assessment by the Australian Energy Market Operator.

Aemo will, on Thursday, publish a new draft integrated system plan which snapshots the unfolding revolution underway in Australia's energy market. The energy market operator predicts rooftop solar capacity will double or even triple, providing up to 22% of total energy by 2040.