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När förnybar energi blir billigare kan kolkraften snart dö ut

Australia is unlikely to build new baseload power stations burning coal because of tumbling prices for renewable energy and the rising cost of finance for emission-intensive fuels, according to research by Bloomberg New Energy Finance.

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Even without a carbon price, wind energy is now 14 per cent cheaper than a new baseload coal-fired power station and 18 per cent cheaper than a new gas one, BNEF said in a new report.

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