Origin will pay the government a fifth of any operating profits up to a maximum of $40 million a year should the plant operate at a profit during the extension period.
AEMO warns of blackouts in 10-year energy forecast | news com au — Australia s leading news site news.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news.com.au Daily Mail and Mail on Sunday newspapers.
The chance of power shortages in Australia’s populous south-east has increased as coal-fired plants are phased out and grid and battery storage projects are delayed.
Reliability risks have risen for Victoria and New South Wales through 2027-28, the Australian Energy Market Operator said Tuesday in an update of its Electricity Statement of Opportunities report. The advancement of generation and storage projects since the long-term outlook was published in August has lowered the risks after that.
How the US smashed Australia on climate change macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.