Coalition's energy guarantee: modelling assumes Liddell power plant retired by 2023

Turnbull government has applied public pressure on AGL Energy to extend plant's operating lifeTechnical work undertaken for the Turnbull government's national energy guarantee assumes the ageing Liddell power plant will be out of the system by 2023 - a development that will help drive the emissions reduction requirements of the Coalition's new energy policy.While the Turnbull government has applied extraordinary public pressure to AGL Energy to extend the operating life of Liddell, including encouraging the Hong Kong-owned Alinta Energy to make an offer for the asset, technical work done for the Neg suggests retirement is already factored into the new system. Continue reading...