Environmental groups say they are “deeply disappointed” by the New South Wales government’s decision to extend the life of Australia’s biggest coal-fired power station for at least two more years, saying it would have “far-reaching consequences” for investments in renewable energy.
The agreement, announced with Origin Energy on Thursday, involves NSW taxpayers potentially underwriting the 2.88-gigawatt Eraring plant to keep generating power beyond the scheduled closure date of August 2025 Origin set two years ago.