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.
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