Morrison government’s $600m gas power plant at Kurri Kurri not needed and won’t cover costs, analysts say
by Adam Morton Environment editor from Environment | The Guardian on (#5JVZT)
Little demand is likely for the peaking' plant before 2030, calling into question the Coalition's claim it will reduce electricity prices
A $600m gas power plant promised by the Morrison government is not needed and has no prospect of generating enough revenue to justify its cost, according to a new analysis.
A report by Victoria University's energy policy centre suggested the case for the Hunter Valley plant, to be built by the publicly owned Snowy Hydro with taxpayers' funds, failed on several grounds.
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