doing fifo financially smart
HomeMining Industry News Liddell Power Station to close

Liddell Power Station to close

Tuesday 4th of July 2017 06:35:46 AM



AGL will close its Liddell Power Station and begin focusing on renewable energy.

Only 23 coal-fired power stations remain in Australia, the Liddell plant – which is between Muswellbrook and Singleton in NSW – is the next slated to close, a federal government report said.

Ten coal-fired power plants have closed in Australia since 2012, with AGL set to close its Liddell plant in 2022 and its Bayswater plant in 2035.

AGL has approximately 600 employees at Liddell and Bayswater plants.

The company said it would “not build, finance or acquire new conventional coal-fired power stations”, but instead "prioritise investment in renewables and complementary near-zero emission technologies".

“We’ve had a look at clean coal and have a research site with the CSIRO at one of our coal-fired plants, so we could find out whether the theory stacks up in practice,” it said.

“So far, the science does, but the economics doesn’t.”

AGL research found that there were “some risks associated with ruling out further investment in coal”, but “bigger risks in sticking with it”.

“We also found that there are overwhelming opportunities in clean energy and we support Australia’s international commitments to cut back on carbon emissions.

AGL committed to work with “employees, industry and government... as our energy system is modernised”.

Source

Recent Related News

Liddell Power Station to close

Tuesday 4th of July 2017 06:35:46 AM

AGL will close its Liddell Power Station and begin focusing on renewable energy. Only 23 coal-fired power stations remain in Australia, the Liddell plant – which is between Muswellbrook and Singleton in NSW – is the next slated to close, a federal government report said. Ten coal-fired ....


Plans for $1.5b gas-fired power station in southern NSW reignited amid energy security debate

Monday 27th of March 2017 11:59:57 AM

Plans have been revived for a potential $1.5 billion gas-fired power plant on the New South Wales southern tablelands amid a national debate about energy security. Read Full Story Here


AGL receives approval for wind farm from PAC

Friday 30th of December 2016 11:52:54 AM

Recently AGL Energy Limited received approval from the NSW Planning Assessment Commission (PAC) to construct the Silverton Wind Farm in western NSW. The NSW Department of Planning and Environment’s (DPE) recommendation to approve AGL’s Modification 3 application was accepted by PAC. Wind ....


fund by AGL to create 36 jobs in Gloucester

Wednesday 2nd of November 2016 01:34:56 PM

As a result of AGL’s new community “legacy fund” the energy giant says 36 new jobs will be created in Gloucester. Four companies will receive a combined total of almost $600,000 as a result of the fund, which was set up to fund projects that would “bring economic benefit” to the ....


AGL posts $408m loss, hit by write down on coal, gas assets

Thursday 11th of August 2016 08:18:45 AM

AGL has posted a net loss of $408 million for the full year, hit by a write-down on its coal seam gas assets. In February Australia’s top power retailer said its natural gas assets would no longer be a core business for the company because of the “volatility of commodity prices and long ....


Y Fronts teaser bannerDowner Group MiningLink prefered resume writers Civil Link Banner
Operator Maintainer
Bis Industries requires an Operator Maintainer to join our operations at Karara, this is offered FIFO on 2:1 roster from Perth, come join the team!

Mc Truck Drivers Gunnedah
Bis Industries is seeking MC Drivers commencing at Gunnedah on a Monday to Friday roster and every other Saturday as required.

Mc Drivers Goldfields
Seeking expressions of interest from experienced MC Drivers, in consideration for multiple opportunities across our operations in the Goldfields.

Auto Electrician
Seeking an experienced Auto Electrician for a FIFO role, 2/1 roster ex Perth. Immediate start.

Senior Whse Advisor
Seeking a Senior WHSE Advisor to provide on-site advisory support across the WHSE and Training functions for our operations in the Southwest.

Prelude Arrives In Australia
Shell Australia's Prelude floating liquefied natural gas (FLNG) facility has arrived in Australian waters this week after its 5,800km journey from the Samsung Heavy Industries shipyard in Geoje, ....

Australia's Largest Testing Rig Unveiled In Rocky
Siemens has invested $5 million into the Rockhampton Service Centre, which unveiled this week, Australia’s largest and most advanced gearbox load test rig for mining, wind power and other core ....

Dinosaur Find At Qld Mine Site
Palaeontologists and volunteers will work over the next month excavating and studying 30,000-year-old dinosaur bones at the South Walker Creek mine in Central Queensland. The team of eight people, ....

Black Thoated Finch Puts New Coal Mine At Risk
The controversial black throated finch is back to cause problems for Adani with a fresh legal challenge over the planned Carmichael coalmine. New advice has found the federal environment ....

Monadelphous Awarded $55M In Contracts
Monadelphous Group Limited announced on Wednesday it has been awarded a number of new work packages with a combined value of approximately $55 million. The engineering company will carry out ....

Downer Group