Australia to consider extending life of largest coal power plant

The New South Wales (NSW) state minister for climate change said on Tuesday, Australia is considering extending the life of Origin Energy’s Eraring coal fired power plant, the country’s largest.
Origin said last year it would shut Eraring seven years ahead of schedule in 2025, in part because falling power prices had made it difficult to turn a profit.
But surging power prices and a growing worry that renewable energy is not coming online fast enough to offset retiring fossil fuel plants have combined to revive the case for delaying the Eraring’s closure.
New South Wales Minister for Climate Change Penelope Sharpe said a government-commissioned report had made the case for extending Eraring’s life and the government would speak with Origin about the plant’s future.