Coal’s rapid decline won’t cripple future energy grid: COAG study

The Loy Yang coal power stations in the Latrobe Valley stations supply around half Victoria's energy. The ESB has found the rapid exit of coal over the next 20 years can be managed with minimal impacts if prudent reforms are put in place.

The future energy market can serve consumers well without big government subsidies despite the unprecedented disruption in the shift to renewables, said Energy Security Board (ESB) chair Dr Kerry Schott. The ESB is proposing a range of market reforms in a new study released for consultation on Monday.

Coal’s rapid decline won’t cripple future energy grid: COAG study

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