Energy Market Operator warns coal must remain part of the mix for next 20 years

collected by :Victor Alphen

Energy Market Operator warns coal must remain part of the mix for next 20 yearsPostedThe nation's energy operator has warned that coal must be part of Australia's energy mix for the next two decades, to ensure people's power bills do not skyrocket further. It comes as Nationals MPs agitate for new coal-fired power stations and press the Prime Minister to invest in baseload power. "By removing [coal-fired power stations] prematurely, [it will] send people's power bills up and stability of the grid down," he told the ABC. "That's not a good outcome for consumers and therefore it's important we listen to the energy market operator." Topics: government-and-politics, alternative-energy, electricity-energy-and-utilities, energy, coal, australia

Waste to Energy Market Estimated to Record Highest by 2026

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Wind Blows Away The Opposition In The Energy Market

as mentioned in The below graph from 2015 shows onshore wind as the cheapest option; costs have come down further since then. A figure of £20 billion covering both onshore wind and solar over the next 10 years is mooted, all of which would be subsidy-free. The latest figures are sounding the death knell for nuclear power in the U.K., but as usual, the government hasn't caught up with the numbers. But like renewables, costs will need to come down for investment to flow into battery parks. Still, a low-carbon future, at lower power costs and with the benefit of economic growth from investments - what's not to like?