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EnergyAustralia to shut Yallourn coal-fired plant 4 years earlier than planned

MELBOURNE, March 10 (Reuters) - EnergyAustralia, Australia's
third largest power retailer, said on Wednesday it would shut
its ageing Yallourn coal-fired power station in 2028, four years
earlier than previously flagged, as it looks to speed up a push
to cleaner fuels.
    EnergyAustralia, a unit of Hong Kong's CLP Holdings
 0002.HK , expects the move will cut its carbon emissions by
60%, Managing Director Catherine Tanna said at a media briefing.
    The 1,450-megawatt Yallourn power station, which generates 
22% of the electricity in the state of Victoria, had been due to
retire in 2032.
    

 (Reporting by Sonali Paul; Editing by Leslie Adler)
 ((Sonali.Paul@thomsonreuters.com; +61 407 119 523;))

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