World’s largest coal port to be completely powered with clean energy

The world’s largest coal plant located in Australia declared it would be powered completely by renewable energy, part of a larger plan to decarbonize its business by 2040. The Port of Newcastle powers Australia’s national electricity market while executing trades worth billions of dollars every year. The port’s coal power generation has been falling, however, reaching its lowest level in the final three months of 2021, according to The Guardian. However, over the past few years the port has been making changes to decarbonize its business by 2040 and increase the non-coal portion of its business to 50 percent by 2030. Craig Carmody, CEO of Port of Newcastle, said his port’s title as the largest coal port in the world “isn’t as wonderful as it used to be,” and that a change was necessary to maintain some control over the business’ future. “We get 84…

Read more…