AGP Executive Report
Last update: 3 hours agoCoal and Climate: NSW has moved to let the Mount Pleasant coal mine operate at up to 16.5 million tonnes a year until 2032, despite a High Court ruling against its expansion. The state says the law protects up to 400 jobs. Power Prices: Rystad Energy warns wholesale electricity prices could rise from about $60 to $110 per megawatt hour by 2029 as coal plants close faster than new renewables come online. It says wind and solar construction must accelerate sharply to meet Australia’s 2030 target. Renewables: NSW approved the $2.8 billion Baldon wind farm in the Riverina. Its 175 turbines could generate up to 1,400 megawatts. COP31: Australia is helping lead negotiations in Türkiye, where electrification and the shift away from fossil fuels are in focus. Australia’s grid batteries have also reached a record 20.17 gigawatt-hours of storage.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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