This is very interesting.
One would think its cheaper to keep a coal fired plant open, even if it were fully paid off? Wrong.
It is cheaper, using LCOE, to build a new solar or wind farm. It is CHEAPER to close the coal plant.
SO! Retaining coal is a matter of politics and employment rather than rational economic decisions. So much for the Liberals being "Better economic managers".
Guess they aren't called the COALition for nothing :)
(see 10'40")
https://youtu.be/6_BGHy4sfMs?t=642