Yallourn closure a âsign of the timesâ for coal powerâs struggles
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The early closure of Victoriaâs Yallourn power plant has underscored the severity of the economic crisis engulfing the nationâs coal-fired generators and escalated warnings that more plants soon may be forced to scale back output or shut down entirely.
Industry insiders and analysts said EnergyAustraliaâs decision to fast-track Yallournâs retirement by four years to mid-2028 is too far into the future to boost prices to support the viability of other loss-making power stations in Victoria and New South Wales.
Yallourn closure a sign of the times for coal power s struggles theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.