Renewables $1.3billion less than keeping Liddell open!

  1. 10,699 Posts.
    Yet more money being wasted by a government hanging on to the past at the expense of the taxpayers.

    "The Turnbull government’s plan to keep the New South Wales Liddell coal-fired power plant open beyond its use by date would cost upwards of $1.3 billion more than replacing it with a mix of renewables and energy management systems, a new report has found.
    The research, conducted by the Institute of Sustainable Futures and commissioned by the Australian Conservation Foundation, is just the latest to illustrate the economic folly of keeping Australia’s oldest coal plant in the national electricity mix, in an age when renewable energy costs and carbon budgets are dwindling."




    http://reneweconomy.com.au/renewables-option-1-3-billion-cheaper-than-keeping-liddell-open-72032/
 
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