Feb 21, 2023 - Australia faces power gaps within four years
The Energy Market Operator is warning of blackouts within the next four years unless there`s urgent investment in new power generation. The regulator says a looming mass exodus of coal-fired power will lead to unreliability in all states, but NSW will feel it sooner unless something is done quickly. The federal government insists that investment will be assured once its energy and climate policy is activated. But the Opposition says the so-called safeguard mechanism will only increase energy unreliability.