New South Wales may end up paying $150m a year to subsidise the extension of Australia’s biggest coal-fired power plant, money better spent accelerating the take-up of rooftop solar with storage, the energy analyst Tim Buckley has said.
It comes as the federal Labor government will on Thursday announce $1bn for solar panel manufacturing in Australia, with the prime minister, Anthony Albanese, travelling to the Hunter region to spruik the government’s new Net Zero Economy Authority.