Base-load electricity, the mainstay of Australia’s affordable and reliable energy for both homes and businesses, faces major threats with the early closure of NSW’s largest power station, Eraring, in just three years’ time, and with a green billionaire’s plan to take over AGL in order to shut down its coal-fired power stations.
The announcements have raised concern by both the federal and NSW governments, which face the political consequences of soaring electricity prices.
When coa…
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