Renewables to replace coal in Australia. A step in the right direction.
NSW renewable energy plan seals death warrant for six gigawatts of coal | RenewEconomy
The NSW Liberal government’s announcement for its renewable energy growth plans seals the death warrant for about 6 gigawatts of coal capacity, and is very bad news for the owners of the same.
By 2030, we expect around 6GW of currently operating coal generation will be surplus to requirements. Exactly which generators will close and how soon will depend on competition. In ITK’s main model we have, in previous runs, constrained NSW coal generation to a minimum of 2GW up to 2030. That seemed academic a couple of years ago, but is a live issue now.

