There you go posting bs again.
Loosely quoting articles that you don't even understand .
Feel free to post the actual numbers behind ESB's claims rather than waffle from the FlN.
E.g. " In a statement to the media, the ESB said: “This transition needs to be carefully managed. The stakes have never been higher.”
According to the “step change” scenario that the Australian Energy Market Operator (Aemo) considers the most likely, the country will need about 122GW of new wind and solar, backed up by 45GW of new storage capacity, by 2050. It will also need 7GW of existing hydro and 9GW of gas-fired generation as all coal plants exit by 2043.
“The new capacity required over the next 28 years is more than seven times that built over a similar time frame since the [national energy market] commenced 24 years ago and around 50 times the amount built by the Snowy Hydroelectric Scheme,” the paper said.
It adds: “While 5GW of coal capacity has already announced it will close by 2030, as much as 14GW may become uneconomic by that time” – or one-third of the Nem’s existing readily dispatchable capacity. “Replacement would require the equivalent of another Snowy 2.0 [pumped hydro plant] to be connected every year from now until 2030.”
https://www.theguardian.com/australia-news/2022/jun/20/stakes-never-higher-energy-board-releases-capacity-market-blueprint
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