How do we keep the lights on?
Australia’s 19 coal power stations generated 125 TWh of electricity last year. The Australian Energy Market Operator expects all will be retired by 2037. On top of that, our energy demand is expected to increase by more than 230 TWh by 2050. Over the next 25 years we need to build facilities that generate at least 355 TWh every year.Dutton announced that the Coalition would build five large reactors and two small modular reactors by 2050. This would be about 6.5 GW of new capacity, which at best could be expected to generate 50 TWh a year – less than 15% of the new generation needed.
The Coalition has been quite clear that it wants to see renewable energy development slowed to a crawl. This would leave a massive hole in our energy supply, which could only be filled by extending the life of coal and a massive increase in gas power generation.
