$1.2 Billion Coal-Fired Power Plant Written Off as Worthless

The operators of a $1.2 billion coal-fired power plant have written it off as worthless due to the impact of renewable energy on the profitability of traditional coal-fired power plants.  The ABC has quoted financial analysts who called the news a “classic example” of price fluctuations in the Australian energy market as a direct result … Continue reading $1.2 Billion Coal-Fired Power Plant Written Off as Worthless