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NSW to announce life extension of Eraring, Australia’s largest coal-fired power station

(30 Apr 2024) Exclusive: Decision to keep the ageing plant operating for up to four more years could cost taxpayers as much as $150m a year.

The New South Wales government will announce within days that it will extend the operations of Australia’s biggest coal-fired power station for as long as four more years.

The decision involves providing taxpayer subsidies to Origin Energy’s Eraring power station for two years with permits to run for two more, according to several people who have been briefed on the plans.

The cost of the subsidies are due to be discussed by the Minns government’s expenditure review committee as soon as this Friday. Environmental groups and local MPs were also due to be briefed on the plans later this week and prior to 10 May.

Unlike most of its competitors, Origin does not have long-term contracts for the four-unit plant. The subsidy would be aimed at capping the price of coal but may also extend to other aspects of the plant’s operations including an expansion of its coal-ash dams.

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, 30 Apr 2024: NSW to announce life extension of Eraring, Australia’s largest coal-fired power station

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