Energy Australia announced on March 10 that it will close Victoria’s largest power station in mid-2028—four years earlier than scheduled. The move has raised concerns from the federal government over electricity prices and reliability in the national power grid. In a statement, Energy Australia Managing Director, Catherine Tanna, said the company approached the Victorian Government with the plan to retire the Yallourn power station, and to transition to cleaner energy. “While the announcement may have surprised some of our people, its context didn’t,” Tanna told reporters. “We are acutely aware that the world of energy is rapidly changing as we transition to cleaner forms.” In response, Energy Minister Angus Taylor said power reliability and prices will be affected if the plant’s closure is not adequately replaced with dispatchable energy. “We have already seen this happen with the closures of Northern in South Australia and most recently Hazelwood in Victoria, where wholesale …