Australian Mining reported that Alinta Energy’s announcement of the closure of its two coal-fired power stations in Port Augusta, along with the Leigh Creek coal mine will result in a loss of four hundred and forty jobs.

As quoted in the market news,

Alinta said the decline in demand for energy, as households have become more efficient and the number of industrial customers has declined, combined with policy settings designed to support significant growth in renewable energy generation, have together had the effect of causing a significant oversupply of power available to South Australia.

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