Clean Energy Finance analysis says Eraring does not need to be extended

There’s considerable speculation about whether Eraring will indeed close in 2025 … which is the advanced date Origin nominated, as a ‘might close as early as 2025’ undertaking.

On WattClarity here we’ve collated a number of different pieces of analysis by different organisations about this date.  Adding to this list today is the report ‘Updated: The Lights Will Stay On: NSW Electricity Plan 2024-2030’ from Clean Energy Finance (with the principal author being Tim Buckley), that was released today (Friday 19th January 2024):


Time permitting, we’ll review with keen interest…


(A)  Mainstream media

Following from the release, I’ve noted it discussed in the following mainstream media locations:

1)  In the Guardian i have seen:

(a)  Friday morning, Peter Hannam wrote ‘NSW can avoid electricity shortages without paying hundreds of millions to keep Eraring open, expert says’

(b)  Nothing further, at this point

2)  On RenewEconomy, I have seen:

(a)  Tim Buckley & Annemarie Jonson (both from Clean Energy Finance) wrote ‘Stick to the plan: Lights won’t go out when Eraring closes on schedule’

(b)  Nothing further, at this point

3)  On the ABC:

(a)  Jacqueline Breen conducted an interview with Tim Buckley (from Clean Energy Finance) and Andrew Richards (CEO of EUAA) in ‘Australia’s largest coal-fired power station can safely closely on time, think tank report says’.

(b)  Nothing further, at this point


I imagine there will be other references, as well…


(B)  Industry organisations

Following from the release, I’ve also seen …

1)  The Energy Users Association of Australia …

(a)  Noting that Andrew Richards (CEO at EUAA) was part of the ABC interview noted above

2)  The Clean Energy Council …

(a)  wrote about this analysis in its ‘Daily Dispatch’ email to members.

About the Author

Paul McArdle
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time. As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.

1 Comment on "Clean Energy Finance analysis says Eraring does not need to be extended"

  1. If the NSW is so confident it doesn’t need Eraring then the answer is simple – the NSW Government should bear all RERT costs. Just one RERT event in Queensland on 1 February 2022 which was only 331 MW for a few hours on one afternoon cost Queensland consumers $50.1 million. The SA Black System event which occurred almost at the close of a working day cost SA businesses hundreds of millions of $. How much are NSW considering paying Eraring to stay open?

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