Resource-rich Australia grapples with coal power shortage

Low-carbon transition leaves fossil-fuel plants underinvested

20220623 Australia power plant

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.

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