The New South Wales energy minister, Matt Kean, has shrugged off criticism from his federal counterpart, Angus Taylor, of his $32bn renewables roadmap, saying the state policy has been extensively modelled and won’t drive early coal closure.

On Monday Taylor told an energy summit organised by the Australian Financial Review he wanted to see the modelling behind the state roadmap, which aims to support 12 gigawatts of wind and solar and 2 gigawatts of energy storage.

Taylor declared participants in the energy market needed to avoid “reactionary schemes that appease vested interests and ignore the interests of customers” – adding “the triumph of hope over reality and reason must be avoided”.

But Kean told the same forum the outlook in Australia’s energy market had changed fundamentally. A decade

Read More At Article Source | Article Attribution