A Senate inquiry has recommended the closure of all 24 coal-fired power stations in Australia over the next 10 years and the creation of a comprehensive energy transition plan to help with the ordered closure of the plants.
The Retirement of Coal Fired power Stations Inquiry report, which was tabled in the Senate on November 28, made four recommendations:
- that the federal government adopts an energy transition plan and reforms the National Electricity Market rules;
- that it develops a mechanism for the orderly retirement of coal-fired power stations;
- that it puts in place pollution-reduction objectives in line with the country's obligations under the Paris Agreement;
- that it creates an energy transition authority to plan the sector's transition to renewable power generation.