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Energy

Feb 11, 2021
Avoiding shutdown and maintenance clashes

Avoiding shutdown and maintenance clashes

Queensland’s industrial hub is planning its way out of potential pain caused by clashes in shutdown and maintenance schedules. Gladstone is the home of significant assets owned by the LNG giants as well as Rio Tinto, Orica and Cement Australia, among others. It’s supported by a significant power station, port and rail facilities. Rio Tinto’s… ...

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Feb 05, 2021
Kidston connection deal paves way for 400 jobs

Kidston connection deal paves way for 400 jobs

Genex Power has welcomed a $147 million State Government pledge that will see its Kidston Pumped Storage Hydro Project hooked up to the national grid. The transmission line for the North Queensland power project is expected to support more than 400 new jobs during its construction. It will be built, owned and operated by Powerlink… ...

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Feb 05, 2021
State-owned power plants in $1b-plus write-down

State-owned power plants in $1b-plus write-down

More than $1 billion has been wiped off the value of coal and gas power stations owned by Queensland electricity generators CS Energy, Stanwell and CleanCo in the past year. A report from the Queensland Audit Office showed that lower electricity prices resulted in combined net losses of $367 million for the State-owned generators in 2019-20 and… ...

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Feb 03, 2021
Newcomer AusGasCo wins tender for gas blocks

Newcomer AusGasCo wins tender for gas blocks

Queensland-based AusGasCo has been named as preferred tenderer to explore for gas on two blocks of prospective land to the east and south-east of Injune. Resources Minister Scott Stewart said the first-time explorer had been appointed preferred tenderer for the blocks, totalling 114sq km in area. “Not only are we are doing all we can… ...

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Feb 02, 2021
Kogan Creek to host hydrogen demo plant

Kogan Creek to host hydrogen demo plant

A partnership between CS Energy and IHI Corporation Japan will assess the feasibility of establishing a renewable hydrogen demonstration plant next to the Kogan Creek coal-fired power station, near Chinchilla. State Minister for Renewables and Hydrogen Mick de Brenni said it was the second hydrogen collaboration between Queensland and Japanese energy companies in the space… ...

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Feb 01, 2021
Castillo keen to step on the gas at Big One

Castillo keen to step on the gas at Big One

Castillo Copper has brought two specialist consultancies onboard to help accelerate the development of the copper discovery at Big One deposit in North West Queensland. It comes after the company last month released what it described as ‘game changing’ assay results from the deposit, which is part of Castillo’s Mount Oxide project, located 150km north… ...

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Jan 28, 2021
NT deal paves way for $22b  energy development

NT deal paves way for $22b energy development

The Northern Territory Government and Sun Cable have signed a milestone agreement to advance development of the $22 billion Australia-ASEAN Power Link project. Today’s signing of the Project Development Agreement provides a roadmap for the NT Government and Sun Cable to work in partnership to finalise land tenure and commercial arrangements ahead of the project’s… ...

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Jan 28, 2021
Key backing for CopperString power project

Key backing for CopperString power project

The $1.7 billion CopperString 2.0 project has secured a $17 million financing agreement with Townsville refinery operator Korea Zinc. Deputy Premier Steven Miles and Queensland Energy Minister Mick de Brenni announced the deal in Townsville today. It comes one week after the Federal Government pledged up to $11 million to help progress the major transmission… ...

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Jan 27, 2021
Sumitomo gets ball rolling on CQ hydrogen plant

Sumitomo gets ball rolling on CQ hydrogen plant

Sumitomo and JGC Holdings have signed a Front End Engineering and Design (FEED) contract for a hydrogen project planned in Gladstone. Sumitomo said the initial plant was expected to produce 250-300 tonnes of hydrogen annually, with plans to scale up production. Announcing the FEED contract, the company highlighted Gladstone’s credentials as a location for hydrogen… ...

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