AEMO: No need for peaking power, nor baseload

The operator of the National Electricity Market largely sees no need for new baseload power over the next decade, a remarkable change from two years ago. And its view of renewables puts critics of the RET on the back foot.

The Australian Energy Market Operator (AEMO) believes there is unlikely to be a need for any new power generating capacity until beyond 2022-23, except for Queensland, which will require a small addition in 2019-20.

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