A proposed $1.54 billion coal-fired power station proposed in the Galilee Basin would help protect Australia’s resource sector from high energy costs, says Waratah Coal.
Waratah Coal managing director Nui Harris said that production of resources like aluminium, copper and nickel required substantial energy, meaning that a low-cost, 24/7 base-load power supply was essential to drive Queensland and Australia’s economic growth forward.
“The 1400-megawatt ultra-supercritical power plant will push energy costs down by providing competition to lower efficiency state owned generators,” Mr Harris said
The High Efficiency, Low Emissions (HELE) thermal plant (ultra-supercritical coal) offered the lowest cost base load, of dispatchable power, he said.
“The Galilee Power Plant would connect to the National Energy Market (NEM) through a new high voltage feeder, which would connect to Powerlink’s system at Lillyvale and Broadsound,” he said.
Local connections to reinforce supply to the towns of Alpha and Jericho would also be explored in conjunction with Ergon Energy.