Australia Will Not Target Coal For Subsidy, Despite Reports

Australia Will Not Target Coal For Subsidy, Despite Reports
Australia's new capacity mechanism will not favour coal, despite media reports. Parilov/Adobe Stock
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Australia’s Energy Security Board (ESB) has dispelled rumours of a coal-centric plan after releasing its suggestions on how, it believes, the nation should work to combat rising concerns of energy insecurity.

The report released by the ESB comes after the board issued a warning to Australia’s leaders that the proliferation of solar and wind generation could severely disrupt energy stability without major reform to the nation’s electrical grid.

Daniel Khmelev
Daniel Khmelev
Author
Daniel Khmelev is an Australian reporter based in Perth covering energy, tech, and politics.
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