Alinta CEO Jeff Dimery joins Energy Insiders this week and reveals record profits for the company in the past year, a record low price for wind energy, the stunning economics of battery storage, and predicts the early exit of coal generators.
Just a few years ago, Alinta was made a reluctant exit from coal generation in South Australia. Now it sees a rapid shift to renewables, driven by the plunging cost of wind and solar technology, and storage.
So much so, says Dimery, that “change is happening quickly”, and coal generators – including his own Loy Yang B brown coal plant in Victoria – will struggle to survive beyond the early 2030s.
You can hear the interview on the podcast below, but you can also read the accompanying stories below.
See Alinta sees sub 5-year payback for unsubsidised big battery at Newman.
And: Stunning low costs inspire Alinta to ramp up renewables push, sees early coal exit
You can find this and other episodes of Energy Insiders here and on your favourite podcast platform.
