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The Guardian - AU
The Guardian - AU
National
Peter Hannam

NSW may be forced to pay $150m a year to extend life of coal-fired plant, energy expert predicts

Eraring power station
Eraring power station in Lake Macquarie, NSW. Energy analyst Tim Buckley says the government could end up subsidising the plant to keep it running. Photograph: Blake Sharp-Wiggins/The Guardian

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.

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