The Minns cabinet is expected to decide as soon as Monday whether it will spend potentially billions of dollars to keep Australia’s biggest coal-fired power station running for an extra two years to reduce the risk of blackouts.
The New South Wales government would have had to pay Origin Energy as much as $3bn to keep just half of its 2,880-megawatt Eraring plant near Newcastle open for two years, former energy minister and treasurer Matt Kean said on Monday.
