15 December 2021. In February, Prime Minister Scott Morrison promised Liberal party donor and part owner Trevor St Baker that an $11 million grant would be going his way to make upgrades. That, environment groups say, has given new urgency for the NSW Environment Protection Authority to clarify the legality of a pollution exemption provided to the plant late last year. It is not what the community wants, because of climate change, and because of the environmental impacts of coal-fired power on our health. Goldman Sachs said Vales Point, backed by energy mogul Trevor St Baker, was facing closure potential. The script is starkly similar when it comes to water pollution from Vales Point, with offsite water contamination from the south-east portion of the ash dump identified in the Environment Protection Licence this year. Our Morning Edition newsletter is a curated guide to the most important and interesting stories, analysis and insights. The only way to educate irresponsible people is to hit them in the pocket, Central Coast Council will amend planning controls to make way for a five-storey development on six consolidated parcels of land at 43-46 The Esplanade, Ettalong Beach, despite receiving 95 submissions, Parking at Gosford and Wyong Hospitals will be free for patients, staff and visitors if either the Labor party or the sitting Liberal-National parties are elected to Govern on March, Copyright Coast Community News 2022 - Phone 4325 7369, Free hospital parking says Labor, Libs and Nats post election, Umina Beach singer eliminated from Australian Idol, Mariners appoint A-League Womens head coach Emily Husband, Council amends planning controls to make way for five-storey development at Ettalong, Labor puts people with disability at core of its agenda, Councils development application blowout woes, Council set to sell commuter/shopper carparks at Woy Woy, on "Eraring closure has no impact on future of Vales Point", Little being done to protect health of northern residents, Council slated for misleading statements over boarding house, Major parties outline plans to take the region into the future, Detached houses decline in favour of multi-unit abodes, Government funding for new cabins at two holiday parks, Review of health care services at Long Jetty centre, The go-to guide for community services across the Coast, Special exhibition brightens hospital corridors. Vales Point 'A' Station was decommissioned in 1989.
NSW government sells Vales Point power station for $1m News and analysis for the clean energy economy. Under . (Delta Electricity have also flagged the possibility of the proposed plant being built on the the site of the nearby Liddell power station, which is slated for closure in 2022. and Evie Networks, among other energy interests.
Vales Point A power station (replacement) - Global Energy Monitor Sev.en has shown a clear interest in energy businesses in Australia, ensuring that it is well-placed to provide reliable generation through the energy transition, he said. Coal is carbon. the Liddell plant is owned by AGL which has rejected . NSW coal region councils join forces for huge renewable energy mandate, Japans pivot to renewables will kick Australian exports right in the thermals. The energy and materials can be provided by either renewable power and water, orcoal and gas. Vales Point is located on the southern shore of the lake, near the township of Mannering Park.
Lake Macquarie - Department of Primary Industries We do not want this in foreign hands. Follow our Australia news live blog for the latest updates, sold the 1,320-megawatt Vales Point power station, likely to cost hundreds of millions of dollars, seeking approval to pay a senior barrister. These four units were known as 'A' Station, its capacity of 875 MW being the highest in New South Wales at the time.
Eraring closure has no impact on future of Vales Point Michael Mazengarb is a Sydney-based reporter with RenewEconomy,writing on climate change, clean energy, electric vehicles and politics. The report,China at a Crossroads: Continued Support for Coal Power Erodes Countrys Clean Energy Leadership,found Chinese financial institutions and corporations funded more than 25 per cent of all new coal plants outside China in 2018, or $35.9 billion for projects in 27 countries, excluding Australia. The announcement today by Original doesnt change Vales Points position, said the spokesperson. .
NSW power station given shorter deadline on emissions St Baker said that financing the projects would not be sought from Australian banks but instead would rely solely on international lenders. Mr St Bakers announcement came as the Institute for Energy Economics and Financial Analysis (IEEFA) released a report on Monday showing Chinese finance is increasingly stepping in as the lender of last resort for coal plants, as other banks take active measures to restrict their funding. Analysts identified particular economic risk for Vales Point coal power near Newcastle, the same region where NSW Energy Minister Matt Kean will today announce a $70 million fund to grow a green hydrogen industry, which he said would bring jobs and growth to the region. Were sorry, this feature is currently unavailable.
Early closure of Australia's largest coal-fired plant could create We also request confirmation that Vales Point coal-fired power station will close in 2025 and will not receive another exemption licence. In its home market, it runs two coal power generators and two combined heat and power plants. In the context of the confluence of the above factors, Delta will not pursue the Vales Point power station efficiency project. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. But Tom Allen, director of Australian energy and utilities research with UBS, said the markets focus would be on the long-term viability of black coal-fired generators in NSW, particularly amid the NSW governments plan to ramp up renewable energy investment, which will place prices under further pressure. Help using this website - Accessibility statement, Alinta Energys Hong Kong-based owner Chow Tai Fook Enterprises is understood, EnergyAustralias owner CLP Group, also based in Hong Kong, is in the market, AGL Energy is struggling to determine its forward strategy. "We predict that gas power station output will fall by 78 per cent and coal output . The Morrison governments low emissions investment road map is technology neutral which meanspublic funding is availableto green and blue hydrogen. The NSW Government has responded to the closure of Eraring by saying that to ensure energy reliability, it will work with industry partners to install the Waratah Super Battery, a 700MW/1400MWh grid battery, by 2025 to release grid capacity so Sydney, Newcastle and Wollongong consumers can access more energy from existing electricity generation.. On this basis, Delta respectfully and regrettably advises that it will not submit an application for UNGI grant for the proposed Vales Point power station efficiency upgrade project, Delta Electricity said. (NB only name and email is required to sign the petition - contact details are optional), You can further help this campaign by sponsoring it. Vales Point uses salt water from Lake Macquarie for cooling. It is also gearing up to invest more in the business as it seeks approval for a license to allow mining to continue until 2029. Vales Point Power Station will have its limits on nitrogen oxides (NOx) emissions cut by up to 35% to meet new national air quality standards in the local community, and will have to adhere to strict new monitoring and reporting conditions from next year. However, a 2015 report from the state government's Coal Innovation Fund says the CCS . We care about the protection of your data. USE is forecasted to be greater than the reliability standard from 2027-28 in New South Wales, increasing further from 2029-30 when Vales Point Power Station is expected to retire. Two investors have bought one of NSW's largest coal-fired power stations for the price of a nice suburban house. . When there are renewable energy alternatives available, like the Star of the South project, that will generate clean energy and create local jobs, there is no excuse for building more, big polluting coal projects that pollute our air and make our communities sick, Ms Rivers said. air pollution exemption granted to Vales Point power station by the NSW EPA was successfully challenged by environment and legal groups. At Delta, which supplies about 11 per cent of NSWs power, RBC is thought to have run a process to sell either 50 per cent or 100 per cent, with Mr St Baker originally keeping open an option to retain his stake. The Vales Point Power Plant is currently set for closure in 2029, but the EPA ruling delivered on 28 October 2022 could bring that date forward to 2025. the practices of Delta Electricity, past and present that are driving a range of water pollution impacts in Lake Macquarie, the sale of the power station to Se.ven Global Investments, Closure planning, decontamination and rehabilitation. On Tuesday the NSW energy minister, Matt Kean, declined to weigh in on whether the sale was appropriate, but said the government would remain vigilant over the plant operations. Email: info@de.com.au, {"type":"HYBRID","minzoom":false,"maxzoom":false,"types":["ROADMAP","SATELLITE","HYBRID","TERRAIN"],"mappingservice":"googlemaps3","width":"600px","height":"500px","centre":false,"title":"","label":"","icon":"","lines":[],"polygons":[],"circles":[],"rectangles":[],"copycoords":false,"static":false,"visitedicon":"","wmsoverlay":false,"zoom":16,"layers":[],"controls":["pan","zoom","type","scale","streetview","rotate"],"zoomstyle":"DEFAULT","typestyle":"DEFAULT","autoinfowindows":false,"resizable":false,"kmlrezoom":false,"poi":true,"cluster":false,"clustergridsize":60,"clustermaxzoom":20,"clusterzoomonclick":true,"clusteraveragecenter":true,"clusterminsize":2,"imageoverlays":[],"kml":[],"gkml":[],"searchmarkers":"","fullscreen":false,"scrollwheelzoom":false,"locations":[{"text":"","title":"","link":"","lat":-33.161011600000002,"lon":151.5452521,"icon":""}]}. Vales Point A (replacement) power station is a proposal by Delta Electricity to build a new 660 MW plant on the site of the demolished Vales Point A plant in New South Wales, Australia.
Vales Point Power Station Submission Guide - Nature Conservation Its coal. Vales Point was commissioned in 1978, and its two turbines generate 1,320 megawatts of electricity, accounting for 11 percent of NSW's energy. To learn more about how we use information collected with cookies, please read our Privacy Policy. NSW is facing a potential shortage of reliable power as coal power stations shut down, with the closure of AGL Energy's Liddell plant in the Hunter Valley in April 2023 set to be followed. Were carefully considering it and its an important decision to make and well be making that public shortly, he said. Contents 1 Location 2 Background on Plant 3 Carbon capture project 4 Environmental Impact 4.1 Air pollution 4.2 Coal ash dam 5 Future shutdown date 6 Interest in buying Liddell coal plant . The decision by the EPA now allows for these conditions and limits to remain in Deltas Environmental Protection Licence, Delta spokesman Steve Gurney said. In 1978, two Toshiba 660 MW units were added, becoming "B" Station. Alinta Energys Hong Kong-based owner Chow Tai Fook Enterprises is understood to have fielded approaches for the Australian business, which includes the large Loy Yang B coal power generator in Victoria. Australia is positioning itself to tap the potential boom in hydrogen fuel, if its adopted globally as a replacement for petroleum. He floated the proposal only two weeks after the NSW Environment Protection Authority ordered Vales Point owner Delta Electricity to clean up a huge part of the power stations ash dam after dumped asbestos was found in building waste fill. Every time an old coal-fired power stations closes to be replaced by renewable energy, theres an immediate health benefit to communities within 100 kilometres of the facility, Dr Ewald said. The deal comes amid an extended period of turbulence in baseload power generation in the National Electricity Market as cheap renewable energy flowing on to the grid makes it harder to operate baseload coal plants profitably, even amid surging prices for wholesale electricity. Vales Point was commissioned in 1978, and its two turbines generate 1,320 megawatts of electricity, accounting for 11 percent of NSWs energy. Access unlimited content, the digital versions of our print editions - Today's Paper, as well as the Newcastle Herald app. Sign up to Guardian Australia's Morning Mail, Our Australian morning briefing email breaks down the key national and international stories of the day and why they matter. Unit no. The sale, which was handled by RBC Capital Markets, takes Mr St Baker out of coal power at a sizeable profit on paper. Vales Point was originally equipped with three turbo-alternators of 200 MW supplied by the English Electric (unit nos. Coal-fired power will be needed to keep the lights on for another couple of decades, said Mr St Baker, who is an investor in fast charging system provider Tritium, which listed in New York early this year, and Evie Networks, among other energy interests. Proponents of renewable energy and some business leaders haveraised concerns that financial supportfor hydrogen production powered by fossil fuels could artificially prolong the operation of the nations ageing fleet of coal-fired power stations, or create demand for gas which would be better directed to wind and solar projects. NSW has committed to reach net zero greenhouse gas emissions, and the Hunter region is zoned for renewable energy development to help reach the goal. [1], In 2017 it was valued at $732 million, and was estimated to make part-owner energy entrepreneur and former National Party candidate Trevor St Baker a half billionaire. The REZ will not only attract investment in clean energy, it will also underpin the growth of new low-carbon industries such as green hydrogen, ammonia and metals production which the world is going to need as it decarbonises, Mr Crouch said. Sign up for our newsletter to stay up to date. At the same time, embattled AGL Energy is struggling to determine its forward strategy and put in place a refreshed board after the collapse of a demerger plan and as its biggest shareholder, software billionaire Mike Cannon-Brookes, pushes for a faster exit from coal power to align with the goals of the Paris climate accord. 287 Elizabeth Street EnergyAustralia announced on Wednesday its Yallourn coal plant would close in 2028, four years ahead of the previous deadline. The expectation has been that the power station would close in 2029 and the clean-up could begin., Vales Point on southern Lake Macquarie stayed in government hands until 2015, when the Coalition state government controversially sold it to energy entrepreneurs Trevor St Baker and Brian Flannery for $1 million., 167 Parry Street,Hamilton East, NSW, 2303, AboutCampaigningResearch & ReportsSubmissionsVolunteerHCEC NewsMedia ReleasesEventsContact UsCommittee Records, Barrington - Hawkesbury Climate Corridors Alliance, Water pollution Datawatch: NSW power stations. The Vales Point coal-fired power station near the shores of Lake Macquarie, in NSW. A Morrison government plan to fund upgrades at the Vales Point coal fired power station fell through after the government offered insufficient funding for the upgrades to take place, with owners Delta Electricity warning the plant could close early, documents obtained under FOI show. The NSW EPA noted that environment department modelling found that ground-level concentration of NOx in the community meets national health standards. The facility is old, dirty, and poorly maintained. Delta also blamed ongoing regulatory and policy uncertainty, which it said, does not represent an appropriate investment environment..
Vales Point Power Station exemption application Australia's fleet of coal-fired power stations are aging and many are due for decommissioning, and are being replaced by a combination of mostly renewable energy. It also followed a dramatic increase in fine particle pollutionconfirmed by Vales Points own data in 2017.
Plunging energy prices sink Vales Point power station The coal-fired Vales Point power plant in New South Wales must cut nitrogen oxide emissions within two years or may face early closure after a ruling by the Environment Protection Authority. Stop the Sale of Vales Point Power Station and Close It Down, Australian Treasurer Jim Chalmers & NSW Treasurer Matt Kean. AGL, rival Origin Energy and EnergyAustralia have all brought forward the dates for closure of coal-fired power stations since the start of 2021, triggering suggestions that some other coal generators may need to keep running for longer to keep electricity supply secure amid the rise of weather-dependent wind and solar power. Level 7 The proposed plant would adjoin the existing 1320 MW Vales Point power station owned by Delta Electricity. Follow us on LinkedIn, Facebook or Instagram. Energy analysts said the renewables-led collapse in average prices across the nations electricity grid was so severe that the 1480-megawatt facility supplying up to 22 per cent of the states power could close even sooner than expected. Recent state government announcements in Queensland and Victoria look to cut coal generation out of the energy mix as soon as possible. At a budget estimates hearing last month, Stephen Beaman, a senior regulator at the EPA, said the agency would be finalising its position very shortly on the legality of the exemption. It has previously been reported that the EPA briefed the states environment minister, James Griffin, over concerns about the exemption, as well as seeking approval to pay a senior barrister for advice on the legality of the exemption. September 2022 Delta Electricity agreed to sell to Czech company, Sev.en Global Investments. In January 2019 St Baker told The Australian that he would submit a proposal to Australia's Minister for Energy, Angus Taylor, for government support from the Underwriting New Generation Investments program for three projects including a new A$2 billion 660 MW black coal plant in NSW's Hunter Valley at the Vales Point A power station site or at AGL's Liddell power station.The report claimed "St Baker has lined up a Chinese joint-venture partner" but did not name the company. The Vales Point Power Plant is currently set for closure in 2029, but the EPA ruling delivered on 28 October 2022 could bring that date forward to 2025.
List of coal-fired power stations in Australia - Wikipedia By 2050, green hydrogen has the potential to drive $350 billion in investment across Australia in current dollars and up to $26 billion per year in additional GDP, supporting the emergence of new decarbonised industries such as green steel and ammonia..
49 Vales Point Power Station Premium High Res Photos The EPA ruling has fuelled concerns that NSW may face an energy supply crunch in the coming years as coal swiftly exits the market. The WHO annual guideline for NOx of 10 ug/m3 (4.87 ppb) is regularly breached at monitoring sites close to the Vales Point power station. Sep 18, 2022 - 3.16pm Energy entrepreneur Trevor St Baker and coal investor Brian Flannery will sell their Vales Point coal-fired power station in NSW for several hundred million dollars to. [9][10][11], Vales Point Power Station was used as the location for the Midnight Oil US Forces music video.[12][13].
Anger as public funds extend life of dirty Vales Point power station Vales Point power station - Global Energy Monitor Subsequently, St Baker stated that the shortlisted project was for 20 MW upgrades of the two existing turbines at the Vales Point B plant. The Liddel power station in the NSW Hunter is already set to close in 2023, but the report said at least one more closure in the state is likely before 2025.
Life Less Scripted Ruth Age,
Art Institute Lawsuit Documents,
Sevier County Commission District Map,
Articles V