Sentences with phrase «brown coal generators»
However, it feels that is the strongest of all brown coal generators because of its lower emissions intensity and the recent refinancing of debt.
https://reneweconomy.com.au/
The industry even mocked Garnaut's suggestion about the non-baseload future for brown coal generators, where they could be shut down for months and used more sparingly in times of greater demand.
The opportunity for the purchase was presented by a confluence of events — the Fukushima nuclear disaster last year, the generous support for brown coal generators in the government's carbon pricing package, which will see Loy Yang A alone get more than $ 1.2 billion in cash payments and free permits, and the anticipated sharp cost increases for NSW black coal generators as their subsidized source of coal comes to an end.
However, AGL also recently bought Australia's largest brown coal generator Loy Yang A and intends to run it for decades.
Not exact matches
Fukushima presented an opportunity for AGL Energy because it meant that Tepco, the plant's operator, was no longer in a position to invest in Loy Yang A and was a distressed seller of its one third stake in Loy Yang A. AGL Energy, which already had a 32.5 per cent stake in the plant, says Loy Yang A will remain one of the lowest cost generators in the NEM because of cheap coal at the doorstep — it pays just $ 6 / t for brown coal, which would give it a massive advantage over black coal generators in NSW, which are facing costs of $ 45 / t and will go higher in future years.
5 Aug: Australian: Sid Maher: Land for carbon reforestation to take big cut But if the carbon price started at $ 47 a tonne, under a more ambitious scenario, the report estimates more than 60 million tonnes of carbon could be shed through plantation forests and carbon plantings by 2021... The modelling was released as Resources Minister Martin Ferguson named three leading corporate advisory firms to help the Gillard government negotiate a billion - dollar closure of a brown - coal electricity generator as it seeks to cut carbon emissions.