NSW may be forced to pay $150m a year to extend life of coal-fired plant, energy expert predicts
by Peter Hannam from Environment | The Guardian on (#6KN8H)
If ever there was a perfect case-study of the negative impacts on taxpayers of privatisation of strategic public assets, Eraring is it', Tim Buckley says
New South Wales may end up paying $150m a year to subsidise the extension of Australia's biggest coal-fired power plant, money better spent accelerating the take-up of rooftop solar with storage, Tim Buckley, an energy analyst said.
It comes as the Labor government will on Thursday announce $1bn for solar panel manufacturing in Australia, with the prime minister, Anthony Albanese, travelling to the Hunter region to spruik the government's new Net Zero Economy Authority.
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