Coal news and updates

This September’s generation figures mark a noticeable turning point for Australia’s National Electricity Market. The major construction boom in renewables is now converting into extra generation that is driving a retreat not just in brown coal, but also finally black coal as well.

The thing that stood out was that we saw Australia’s lowest cost fossil fuel generator Loy Yang A limping along at just a 50% capacity factor for the month due to outages at several of its units, and overall brown coal output was 37% below the amount that prevailed in September, 2016.

Yet black coal did not flood in to fill the breach. Instead, its generation was also down 7% on September 2016 generation levels and almost 9% down on September last year.

 

Source : https://reneweconomy.com.