90 Percent of Australia’s Coal-Fired Fleet Must Close in 10 Years to Reach Net Zero: AEMO

AEMO’s CEO said this was the most likely scenario if the government was committed to the net zero transition.

A general view of the Loy Yang power plants in Traralgon, Australia, on Aug. 17, 2022. Asanka Ratnayake/Getty Images

The Australian Energy Market Operator (AEMO) has said the country needs to replace 90 percent of coal-fired power plants in the next 10 years to meet its carbon emission targets.

This comes amid concerns about AEMO’s role in the renewable transition and its inability to forecast electricity prices.