<
https://reneweconomy.com.au/expensive-and-high-risk-queensland-lnps-coal-keeper-policy-will-cost-consumers-a-bomb-critics-say/>
"The Queensland LNP has “significantly underestimated” the huge costs of
delaying closure of the state’s ageing coal plants while still shooting for net
zero emissions, submissions to the government’s
Energy Roadmap Amendment Bill
2025 have warned.
A range of submissions from unions, energy industry lobbies and green groups
have raised red flags about the cost to the environment and to consumers of
premier David Crisafulli’s plan to axe the state’s renewable energy targets and
keep coal running without planned closure dates.
“The Queensland Government has claimed that a slower transition to new
electricity generation outlined in the
Energy Roadmap will have capital
savings of $26 billion out to 2035… [and] save households $1,035 per year,” a
submission from The Australia Institute says.
“[But] there are serious doubts about whether the government has properly
accounted for the maintenance costs of running aging generators.”
According to TAI analysis, the cost of extra carbon abatement that
Queenslanders will bare if the state extends coal-fired power while maintaining
a net zero target is estimated at an eye-watering $A98.7 billion out to 2050.
“This dwarfs the $26 billion that the
Energy Roadmap proposes in capital
savings from running Queensland’s old generators for longer,” the TAI says.
“Even if Queensland abandons its net zero commitment, this will simply transfer
this cost to the wider Australian community.”
A submission from Nexa Advisory says its own analysis shows that, far from
slashing energy bills, the extension of unreliable coal will increase wholesale
electricity costs in the state by 21 per cent – or $115.7 billion – compared to
a planned, orderly transition."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
