Stanwell operates two of the most efficient and reliable coal-fired power stations in the country, providing reliable power for Queensland 24 hours a day.
Tarong North Power Station, in the South Burnett, is an advanced cycle coal-fired unit, which uses super-critical boiler technology, making it one of the most efficient coal-fired power stations in Australia. While Stanwell Power Station, near Rockhampton, also has a lower emissions intensity than other coal-fired power stations in the National Electricity Market.
Stanwell invested more than $164.9 million in capital projects in 2019/20, ensuring its power stations operated at optimal efficiency and reliability, and statutory requirements continued to be met.
In 2019/20, both stations continued playing an important role in keeping the lights on for Queensland, providing 36.5 per cent of Queensland’s power demand by sending out more than 18,500 gigawatts of electricity.
Stanwell’s Chief Executive Officer Richard Van Breda said Stanwell had to adapt and transform its energy portfolio to reduce its overall emissions intensity and respond to changing customer expectations.
“Stanwell underwent significant change in 2019, with our renewable and low-emission assets, Barron Gorge Hydro, Kareeya Hydro and Swanbank E Power Station, transferred to the newly created CleanCo Queensland,” Mr Van Breda said.
“We are investigating a range of renewable technologies such as wind, solar, bioenergy and green hydrogen, and energy storage. We also have a 348 MW offtake agreement with Clarke Creek Wind Farm, which will be one of Queensland’s largest grid-connected wind farms once operational.
“We’re working with local businesses, industry, customers, government and our people to identify new opportunities and create future energy solutions that meet the needs of Queenslanders.”
As reported in the National Greenhouse and Energy Reporting Scheme (NGERS), the total emissions for Stanwell Corporation Limited decreased 5.33 per cent from 2018/19 to 2019/20.
“As a company that operates coal-fired power stations, it’s Stanwell’s role at the current time to keep providing reliable electricity at prices that are affordable as the industry transitions to a lower carbon future,” Mr Van Breda said.
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