New South Wales Premier Chris Minns has signed a two-year deal to continue operating the Eraring coal-fired power station, the nation's largest, to mitigate energy reliability risks and prevent predicted Summer blackouts amid delays in renewable energy projects. The state government could pay up to $225 million, or some 200 million dollars, annually to keep the plant running, but it is expected to make a profit if the plant remains operational. The decision aims to manage energy reliability and keep energy bills down for families. Critics argue that the deal represents corporate welfare and raises concerns about the long-term costs for the NSW government.
Labor has made a responsible call which will keep our lights on across the state and protect households from higher energy bills while giving us time to build the clean energy of the future, writes Premier Chris Minns 👉 https://t.co/RvRW39zbun https://t.co/yl9komDh1g
Not Zero? NSW State Government to Pay up to $225 Million per Annum to a Single Coal Plant to Remain Open https://t.co/G2AuPYA5FU
Former resources minister Keith Pitt has warned taxpayers the NSW government’s deal to extend the operations of the Eraring Power Station has left other generators “rubbing their hands”. https://t.co/vI5MtrByON
Sky News host Peta Credlin says taxpayers paying “some 200 million” dollars a year to keep Eraring Power Station open shows wind and solar are “deeply implausible”. https://t.co/OTQdU3LvWM
The nation's largest coal fired power plant will churn for an extra two years, in a bid to stave-off predicted Summer blackouts, and price spikes. @LizzieDaniels #9News https://t.co/prDHjAogb4
Corporate welfare may keep the lights on. But backing Eraring power station will have other costs for the NSW government | Peter Hannam https://t.co/f1FeS3hyt9
(New from me): Corporate welfare may keep the lights on. But backing Eraring power station will have other costs for the NSW government https://t.co/7fptvkimn4
OPINION | Labor was left with little choice but to cut a deal to extend the life of Eraring and keep the lights on in NSW, writes James O’Doherty. MORE: https://t.co/BEI7sPOyLV https://t.co/bViVI5BkV2
The state government could pay up to $225m a year to keep the plant going, but will make a profit if Eraring does: https://t.co/IDy5lGQDEe https://t.co/aqgj11xo0X
New South Wales Premier Chris Minns has signed a two-year deal to operate a major coal-fired power station in order to avoid "energy reliability risks" in the state. https://t.co/lYhHo7S4Vl
The deal is designed to protect NSW from blackouts amid delays in renewable energy projects. FULL STORY: https://t.co/JjoQvHgUob https://t.co/k0rXG4SMVU
We’ve just secured a two-year extension to continue running the Eraring power plant. This is a decision we didn’t make lightly - we know families are doing it tough. It’s about managing energy reliability and keeping down energy bills.
Sky News host Andrew Bolt says “look at reality” as he questions the cost blowouts from renewables amid a new CSIRO report claiming the Opposition’s push for nuclear is “rubbish”. https://t.co/msH1JNq5nX