Concerns of price spikes after Yallourn power station closure brought forward to 2028Sky News Australia 20 hrs agoMexico's Congress approves landmark cannabis billAboriginal man dies in Victorian prisonSky News Political Editor Andrew Clennell says there are concerns of price spikes after it was announced the Yallourn power station in Victoria will be closed five years earlier than planned.PauseAd 02:55 - up next "Concerns of price spikes after Yallourn power station closure brought forward to 2028"Loaded: 12.44%Unmute0Concerns of price spikes after Yallourn power station closure brought forward to 2028© Provided by Sky News AustraliaEnergy Australia has announced the plant - which produces 22 per cent of Victoria’s power - will close in 2028.There was an 85 per cent spike in prices after the closure of the Hazelwood power station in Victoria back in 2017, according to Mr ClennellNSW Energy Minster Matt Kean told Sky News there would be price spikes and a “less reliable system” due to the early closure.
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