The recent shortage of electricity and spike in energy prices are the results of several mitigating factors, not because of the closure of the Liddell Power Station, says Energy Edge Managing Director Joshua Stabler.
The announcement to close the power station was made in 2015, “so this is a plan that’s been eight years in the making”, Mr Stabler told Sky News Australia.
“The market has known about this … there’s been no point at which the market in its liquid form hasn’t known that Liddell would be offline for this quarter and next quarter.” “Different points in time during 2022 we had 42 per cent of coal generators shut in New South Wales offline … Liddell was part of that but also outages across all of the other major coal generators in NSW.”
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