Aug 16, 2017 Last Updated 2:16 PM, Aug 16, 2017

New Entry From the Editor :

Contrasting fortunes for Origin and Woodside in FY results

Contrasting fortunes for Origi…

AusBN - Origin Energy has posted a full-year (FY) loss of AUS$2.2 billion a...

Report finds majority of top Australian firms ill-equipped for business in Asia

Report finds majority of top A…

AusBN - A report by think tank Asialink has found that a large majority of ...

South Australian government to be powered by 150MW solar thermal plant

South Australian government to…

AusBN - A 150MW solar thermal power plant has been contracted by the South ...

Plans for $1.5 billion NSW gas station revived

power plant blue skyAusBNAusBN - Plans for a new AUS$1.5 billion gas-fired power station in New South Wales are back on track following a national debate on energy security.

AGL Energy (ASX: AGL) was handed approval for the Dalton Power Station, located West of Goulburn back in 2012, but the project was put on hold amid environmental concerns.

With this approval set to expire in July, AGL is seeking a two-year extension which will secure the future of the gas-powered facility.

The energy firm said that new technologies and existing market conditions have strengthened the viability of the power station.

"The energy landscape has changed, and ensuring secure, reliable and affordable energy supply for the state is a priority," said an AGL spokesperson.

"The proposed Dalton Power Station provides an option to help New South Wales meet peak demand and manage its energy security."

AGL said that the facility has been designed as a peaking plant, which could add additional generation capacity to the grid when needed, and would complement intermittent renewable energy sources.

The Department of Planning and Environment has extended a public feedback period by two weeks to allow local residents more time to respond to the latest developments.

@AusBNOnline

This Month's Issue

AusBN Vol3 Iss1

Subscribe

rgn web banner

abn web banner