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IEEFA Australia: Eraring’s 2025 exit and Mike Cannon-Brookes/ Brookfield proposed AGL takeover could reduce power bills

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AustraliaTwo recent announcements could lower electricity prices and speed up the switch from coal and gas generation to renewables. Origin Energy announced it would close Eraring coal-fired power station in NSW seven years earlier than forecast, in 2025. And Mike Cannon-Brookes’s Grok Ventures and asset manager Brookfield are bidding to acquire AGL Energy, close down […]

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