Australia's largest stock trading and investment forum Australia's #1 stock forum

ALP now wants "Coal power stations needed 'back online'", page-178

First 178 Last

Share
Profile

Follow
Christos12

3,781 Posts.

331

08/06/22

10:47

Post #: 61887472
Share

Originally posted by mhph1: ↑

Well if look into the major power stations, earing, liddel, bayswater these were all Gov built and run so the idea gov run power stations are rubbish is false. So they have been privatized and now are showing cracks in their maintenance.
Nonetheless these are aging assets that will be closed soon, Origin announcing Erraring now 2025, Liddel 2023. However we dont have appropriate replacements at the moment and if we are forced to utilise these power stations after their planned shutdowns they arnt as reliable as they were due to being old and not maintenanced properly.

Even for say Bayswater with a 2033 planned closure there is a real risk it becomes increasing unreliable as the years go on.

The dilemma is massive, no proper baseload planned, reliance on aging power stations as your baseload supply, and renewables acting as the planned new capacity that themselves arnt reliable by nature as opposed to being due to aging/bad maintenance like coal power stations.

Expand

They are being replaced. Macintyre, Goyder, Rye park, Dullaca, Kaban and snowy 2.0 are in construction. That's 5GW of new generation .
Upvote

Reply

Top Stories

MCT

Metalicity looking for offers on Admiral Bay zinc project

Talking Australia's very competitive property landscape: Realty Talks

GNX

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project

AI stocks: What to expect in 2024-25

LKE

Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach

There are more pages in this discussion • 23 more messages in this thread...

First 178 Last