Price of power puts Albanese under pressure

Price of power puts Albanese under pressure

Anthony Albanese refused to answer a key cost-of-living question during Wednesday night’s second leaders’ debate, failing to give a straight answer on when Australians would see power bill relief.

Prolonging the retirement age of coal generators puts affordable power supply at risk

EMBARGOED TO 16 APRIL 2025 (IEEFA AUSTRALIA): Extending the operation of Australia’s coal-fired power plants will lead to increased risk of power supply shortfalls due to their advanced age and deteriorating reliability. Covering for these shortfalls at short notice would entail large increases in gas consumption for power generation that would exacerbate expected gas supply shortfalls and likely cause major power price spikes.

Prolonging coal closures puts affordable power supply at risk

By Johanna Bowyer, lead analyst, IEEFA Extending the operation of Australia’s coal-fired power plants will lead to increased risk of power supply shortfalls due to their advanced age and deteriorating reliability. Covering for these shortfalls at short notice would entail large increases in gas consumption for power generation that would exacerbate expected gas supply shortfalls and likely cause major power price spikes. These are the findings o…