Coal-fired plant in PM’s energy mix
Prime Minister Scott Morrison announced the initiative as he launched his government’s Underwriting New Generation Investments program.
He said it aimed to address supply and affordability issues specifically for high energy-intensive and trade-exposed customers in North and Central Queensland. .
“That relates especially to things like the aluminium smelter and the other heavy industries in and around Gladstone,” Mr Morrison said.
“They need reliable power and so what we’re also commissioning and providing funding for, is a feasibility analysis across a range of projects to see what best can meet the industrial power needs of North and Central Queensland.
“Now, that will engage in a range of projects, which will also include looking at the Collinsville proposal, which is a proposal that has been around for some time.
“But there is no commitment to underwrite or support any of those projects, we want to do the proper analysis to work out which project or which group of projects actually delivers on the need”
Federal Member for Dawson George Christensen said the funding would take the proposal for a HELE (high efficiency, low emission) power station at Collinsville to shovel-ready stage.
“We have a company with a proposal on the table to build a clean coal-fired power station at Collinsville and this funding will allow them to do all the further investigation they need to get this plan off the ground,” he said.
More broadly, the Federal Government’s Underwriting New Generation Investments program has seen it shortlist 12 projects across Australia for potential underwriting including six renewable pumped hydro projects, five gas projects and one coal upgrade project.