This statement sets out the Victorian government's position on the future use of brown coal in a low emission context.

This Insights report provides a preliminary assessment of some of the potential impacts of the closure decision Hazelwood power station. Further investigation is required to gain a deeper, more holistic understanding of scenarios whereby the power system is operating with less synchronous generation.

Earlier this year, Engie, the majority owner of Hazelwood, flagged it was considering closing or selling the plant. There are many factors that would be contributing to their deliberation. These include, but are not limited to, the plant’s age, changes in the electricity market, and an erosion of the social license to operate, courtesy of...

The immediate effect of the 2012 carbon price was to increase the costs faced by most electricity generators, by an amount that varied between individual power stations depending on that station’s emissions intensity (the emissions per unit of electricity). These costs were then passed on in higher prices to consumers. Simple economics suggests that two...