• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
The cooling towers of a renewable energy plant are in the middle of a field in Australia.

Australia Closes Historic Coal Power Plant in Shift Towards Renewable Energy

04/28/2023
U.S. Tariff Threats Raise Concerns for Bangladesh’s Garment Industry

U.S. Tariff Threats Raise Concerns for Bangladesh’s Garment Industry

05/06/2025
Ford Expects $1.5bn Profit Impact Due to Trump Tariffs

Ford Expects $1.5bn Profit Impact Due to Trump Tariffs

05/06/2025
Mattel Accelerates Shift Away from China as Tariffs Impact Toy Industry

Mattel Accelerates Shift Away from China as Tariffs Impact Toy Industry

05/06/2025
U.S. Tariff Adjustments Influence Global Trade Dynamics

U.S. Tariff Adjustments Influence Global Trade Dynamics

05/05/2025
Trump Says He Will Call CEOs Over Business Decisions He Disagrees With

Trump Says He Will Call CEOs Over Business Decisions He Disagrees With

05/05/2025
Fed Maintains Caution Amid Tariff Uncertainty

Fed Maintains Caution Amid Tariff Uncertainty

05/05/2025
US Solar Tariffs Could Boost Southeast Asia’s Energy Shift

US Solar Tariffs Could Boost Southeast Asia’s Energy Shift

05/05/2025
Trump Proposes 100% Tariff on Foreign Films

Trump Proposes 100% Tariff on Foreign Films

05/05/2025
EU Reassesses Trade Strategy Amid US Tariff Threats and Chinese Overtures

EU Reassesses Trade Strategy Amid US Tariff Threats and Chinese Overtures

05/05/2025
Philippine officials report productive tariff talks with United States

Philippine officials report productive tariff talks with United States

05/05/2025
Australian Prime Minister Discusses Tariffs and AUKUS with Former President Trump After Re-Election

Australian Prime Minister Discusses Tariffs and AUKUS with Former President Trump After Re-Election

05/05/2025
Vietnam Maintains Growth Target Amid U.S. Tariff Challenges

Vietnam Maintains Growth Target Amid U.S. Tariff Challenges

05/05/2025
supplychainreport
Saturday, May 10, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Australia Closes Historic Coal Power Plant in Shift Towards Renewable Energy

by Richie
04/28/2023
in Environmental Policies, Green Supply Chains, Sourcing, Sustainability & Ethics, Sustainable Logistics

YOU MAY ALSO LIKE

FX Volatility Drives 9% Increase in Local Raw Material Sourcing — MAN

Vietnamese Exporters Positioned to Benefit from Global Supply Chain Shifts

Australia has officially shuttered its oldest coal-fired power plant, marking a significant step in the country’s transition towards renewable energy. The Liddell power station, operational since 1971 and located three hours north of Sydney, was a major contributor to New South Wales’ electricity, providing approximately 10 percent of the state’s power.

AGL, the owner of Liddell, announced on Friday that the decommissioning process would take about two years, making way for potential clean energy projects like a hydrogen power plant. The company emphasized a commitment to recycling, stating that over 90 percent of the materials from the power station, including 70,000 tonnes of steel, would be recycled.

Renewable energy expert Mark Diesendorf highlighted the diminishing reliability of aging coal plants like Liddell, citing inefficiency, pollution, and high maintenance costs. Australia, historically a significant coal producer, is shifting gears, aiming for 82 percent of its electricity to come from renewable sources by 2030, according to commitments from the recently elected center-left Labor Party.

Diesendorf emphasized the urgency of phasing out outdated coal stations, emphasizing that there is no economic rationale for replacing them with new coal infrastructure. Australia, currently sourcing only about 30 percent of its power from renewables, faces a swift transition to meet its ambitious renewable energy targets.

Despite challenges such as storage and distribution across vast distances, a government report suggests positive momentum. The Australian Energy Market Operator revealed that record levels of renewable electricity, primarily from solar power, are lowering emissions and household power prices.

While Australia possesses abundant natural resources for renewable energy, including sunshine and windswept coasts, the country grapples with challenges in realizing its net-zero emissions target by 2050. Ideological debates and climate change denial have marred past efforts, and the economy remains reliant on coal and gas exports.

Australia’s commitment to reducing carbon emissions in its domestic energy market contrasts with ongoing plans for new coal mines, oil fields, and gas projects. The nation faces the complex task of reconciling these contradictions and navigating the path toward a cleaner, more sustainable energy future.

Stay updated with supply chain news at The Supply Chain Report. Learn more about international trade at ADAMftd.com with free tools.

#AustraliaRenewableEnergy #LiddellPowerStation #AGL #CleanEnergyFuture #RenewableEnergyTransition #HydrogenPower #EnergyRevolution #NetZero2030 #SolarEnergy #CoalPhaseOut #SustainableEnergy #RenewableResources #EnergyEfficiency #CleanEnergyAustralia #ClimateAction #CarbonReduction #EnergyRevolution #PowerShift #FutureOfEnergy

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.