Report

Coal comfort

13 Feb 2020
Description

The Australian Government is funding a feasibility study for a new coal fired power plant in Queensland. Despite the Government’s enthusiasm for coal, around Australia and in other developed regions such as Western Europe and North America, there are virtually no coal-fired power stations being built.

There are no coal-fired power stations being built in Australia. Right to Information requests reveal government advice that an ultra-supercritical coal plant in North Queensland similar to the one proposed would only be viable with high electricity prices and without a significant carbon price.

Key findings:

  • Around Australia and in other developed regions such as Western Europe and North America, there are virtually no coal-fired power stations being built.
  • The one Western European plant under construction in Germany and nine years behind schedule; the plant was originally set to open in 2011 it is now scheduled for operation in 2020.
  • There are no coal-fired power stations under construction in the United States, Canada or Mexico.
  • There are no coal-fired power stations being built in Australia. Right to Information requests reveal Government advice that an ultra-supercritical coal plant in North Queensland similar to the plant being proposed would only be viable with high electricity prices and without a significant carbon price.
  • Despite the coal power plant proposed for Queensland being promoted as a ‘clean’ and ‘low emissions’ coal plant, Shine Energy claims it is ‘essential’ for investor confidence that the Government indemnify them against any risk of a future price on carbon.
Publication Details
Language: 
English
License Type: 
All Rights Reserved
Published year only: 
2020
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