Labor Turns to Coal Extension to Keep Lights on Across NSW
Published on May 23, 2024
New South Wales (NSW) Labor Treasurer Daniel Mookhey has denied claims his party is handing Origin Energy a $3 billion (US$1.9 billion) check to operate the coal-fired Eraring power station amid the state’s push to go green on power. His comments come as Premier Chris Minns announced on May 23 that the NSW government had signed a deal allowing Origin to operate the power station through till August 2027. The move is expected to bridge a shortfall in the process of transitioning to other energy sources. “This agreement gets the balance right,” Mr. Mookhey said in statement. “It means the clean energy transition can continue without exposing families and businesses to extreme bill shocks during a severe cost-of-living crisis....