A trojan horse for decarbonization

Australia’s most powerful energy industry participants have actively resisted the move to a low-carbon economy. Now, the country known as a sandbox for technology has become a sandbox for a new model for decarbonization – one which has seen billionaires and giant fund managers sidestep politics to use the free market in strategic and potentially disruptive ways. pv magazine Australia’s Bella Peacock reports.

Issue 04 – 2022
04017_Eraring_opt

Origin, the designer of the Eraring power station in New South Wales, Australia, has brought the plant’s retirement forward by seven years to 2025, due to rapidly changing market conditions.

Image: Nick Pitsas/CSIRO

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