Palmer’s power station not viable
CLIVE Palmer proposes to build a coal-fired power station to energise some mines near Alpha. Why?
TMB, September 13 CQ Industry Feature has news of two solar farms planned at Alodga near Yarwun and Rodds Bay, about 40km NNE of Miriam Vale.
I ask the question after comparing the three stations.
Clive’s station is 700MW, costing $1.5 billion to build and would employ 90 during operation. Alodga would be 265MWand cost $500 million with 10 operators. Rodds Bay would be 300MW and cost $300m. Alodga should be cheaper than Rodds Bay as it is bigger and is closer to the road and transmission line systems.
I can only think that the cost of land is the reason.
Using 1MW as the comparison unit we get the following: Rodds Bay costs $1 million per MW to build. Alodga costs $1.89m per MW to build and requires 0.02 operators per MW. Clive’s station costs $2.14m and needs 0.129 operators per MW – 6.5 times Alodga’s.
Clive’s station will require coal, water and have to deal with the resultant ash for the life of the station. Any new coal-fired power station should be compelled to have carbon capture and storage to keep CO2 emissions manageable.
This would increase the build cost and this system could take up to 25 per cent of the station’s output for its operation, dropping the power available to about 525MW.
Building a coal-fired power station does not appear to be financially logical. Tom Bradbury, Norman Gardens