Amongst the energy-focused news article headlines I noticed over the past week was an article in the Herald Sun titled ‘Deal to keep Victoria’s dirtiest power station running to 2028 could be extended’ and written by Matt Johnston and Shannon Deery:
I’m not a subscriber, so all I can see is the start of the article which reads:
‘Extending a deal that keeps Victoria’s dirtiest power station running to 2028 is likely to be considered due to gas shortages and the risk of energy project delays’
[More below, but I cannot read]
Given the challenges unfolding in the energy transition, including delays in the delivery of major supply-side and network projects (such as with Project Energy Connect and Snowy 2.0 as Dan wrote about in Part 1 and Part 2 earlier this year), and the decision in May 2024 to extend the service life of Eraring, this type of speculation is not unexpected.
If such a decision is made, then I (for one) would be hoping for a level of transparency in the support arrangement more akin to what was published in NSW for Eraring than the original ‘safety net’ agreement struck with EnergyAustralia and written about in March 2021.
So, I guess, watch this space…
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