EnergyResource-rich Australia grapples with coal power shortage
Low-carbon transition leaves fossil-fuel plants underinvested
Fuel shortages and breakdowns have plagued coal-fired power plants in eastern Australia. (Photo by Fumi Matsumoto)
FUMI MATSUMOTO, Nikkei staff writer
SYDNEY -- Australia, a major supplier of coal and natural gas to the rest of the world, is itself facing a power crisis as malfunctions and fuel supply problems dog aging coal-fired plants that have taken a back seat to investment in renewable energy.