Swan­bank E se­cures gas deal

The Australian Energy Review - - NEWS - EL­IZ­A­BETH FABRI

QUEENS­LAND en­ergy com­pany Stan­well’s moth­balled Swan­bank E power sta­tion near Ipswich will re­sume op­er­a­tions in Jan­uary af­ter se­cur­ing a gas sup­ply deal with Shell Aus­tralia.

Com­mis­sioned in 2002, the 385 megawatt (MW) gas-fired power sta­tion was put into care and main­te­nance in De­cem­ber 2014 when it be­came more prof­itable for the com­pany to pro­duce elec­tric­ity from coal rather than gas.

In June, the State Govern­ment-owned com­pany an­nounced it would re­open the plant to in­crease do­mes­tic sup­ply and re­duce volatil­ity in the State whole­sale mar­ket.

QLD trea­surer and act­ing en­ergy min­is­ter Cur­tis Pitt said the govern­ment re­ceived a num­ber of com­mer­cial of­fers for gas sup­ply, with Shell Aus­tralia com­ing out as the pre­ferred can­di­date.

“This strong re­sponse shows gas mar­ket play­ers in Queens­land are in­ter­ested in do­ing busi­ness in the do­mes­tic mar­ket and have gas avail­able and I con­grat­u­late Shell Aus­tralia and Stan­well for clos­ing the deal,” Mr Pitt said.

The project will de­liver 16 new jobs, with the first of the new em­ploy­ees set to be­gin work in Oc­to­ber, with tests to start in Novem­ber and De­cem­ber.

Swan­bank E power sta­tion. Im­age: Stan­well.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.