Energy Australia is planning to invest $400m in a new gas power plant, despite warnings that the business case could collapse if an existing coal plant remains open, or a new one is built. The Australian government has been lobbying AGL Energy to keep open the ageing Liddell plant, which would make the plan by AGL Energy for the new Tallawarra B facility near Marulan less feasible. Nevertheless, the company's head of energy, Mark Collette , has revealed they are planning a final investment decision on the plant later in 2019 or early in 2019 . [copy req, Liddell ]
Energy Australia is planning to invest $400m in a new gas power plant, despite warnings that the business case could collapse if an existing coal plant remains open, or a new one is built. The Australian government has been lobbying AGL Energy to keep open the ageing Liddell plant, which would make the plan by EnergyAustralia for the new Tallawarra B facility near Wollongong less feasible. Nevertheless, the company's head of energy, Mark Collette, has revealed they are planning a final investment decision on the plant later in 2018 or early in 2019. [copy req, Angus]