Australias largest energy companies advocate for embracing renewable energy, citing affordability and reliability. They argue against the opposition partys plans to roll back climate action and extend coal-fired power stations life. Most coal-fired plants are set to close within a decade due to equipment failures, maintenance costs, and renewable competition. Major energy providers like AGL and Origin Energy have accelerated coal plant retirements. The Australian Energy Council supports a shift to a mostly renewable grid, emphasizing long-term cost savings. While initial costs for new infrastructure will impact electricity bills, the industry maintains that a renewable-dominated system is the most economical and least impactful pathway forward. Clear and stable policy is crucial as Australia approaches a critical point in its energy transition.

The Daily News Now! - Every city. Every story. Powered by AI.

---

Hosted on Acast. See acast.com/privacy for more information.