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Newcastle Herald
Newcastle Herald

Workers pay high price for power plant closures

Workers who lose their jobs when coal-fired power stations shut down face a massive pay cut when they find alternative employment, highlighting the impact the clean energy transition may have on many regional communities.

A study of the experiences of workers at power stations that have closed in the past decade found their earnings fell almost 70 per cent in the year after they were made redundant and were still 51 per cent lower after four years. The e61 Institute used de-identified tax data to look at what happens to workers when coal-fired power stations shut between 2010 and 2020 and see how their earnings evolve.

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