Resources Minister MadeleineMHKing says coal-fired power stations are 'the missing piece of the puzzle' in tackling rising energy prices in the short term. coal energy resources gasprices
Resources Minister Madeleine King says coal-fired power stations are"the missing piece of the puzzle" in tackling rising energy prices, as the treasurer warns consumers should brace for more hip-pocket pain amid a"full-blown cost-of-living crisis".
The unplanned outages to Australia's coal-fired power plants have increased reliance on gas-powered generators, largely blamed on international factors such as the war in Ukraine. Energy Minister Chris Bowen will meet his state and territory counterparts on Wednesday to discuss solutions as the Albanese government considers short- and longer-term solutions to take pressure off prices.
"It is the coal companies themselves, and the operators of the power stations, that need to get these power stations back online."It's 30 per cent of the energy capacity taken out of the mix because of unforeseen circumstances in many respects."
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