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Gas output plummets at Longford | Gippsland Times

Output at the plant had already been reduced because of a separate technical issue. The Australian Financial Review reported the latest disruption triggered a spike in the Victorian wholesale gas price to $39.99 a gigajoule on Saturday afternoon, about six times the average of earlier this year. It said according to energy market adviser Energy Edge, gas production at Longford fell by 200 terajoules a day as a result of reported issues with gas dehydrators from about 3pm on Friday until about 9pm on Saturday, meaning output fell about 300 terajoules short of planned capacity. An Esso spokesperson told the Gippsland Times the Longford Plants had resumed full gas production and the supply into the east coast market had “returned to full capacity”.

Third Yallourn unit back online amid ongoing flood crisis

Third Yallourn unit back online amid ongoing flood crisis Jun 28, 2021 – 11.41am Share The flood-stricken Yallourn coal power plant in Victoria has brought more generating capacity back online, taking further pressure off the electricity grid in the early winter high-demand period. A third generating unit at the Latrobe Valley site returned to operation on Sunday even as owner EnergyAustralia warned of long-term repairs needed for the diversion of the Morwell River. The wall of the river diversion cracked and came close to collapse as it was swamped with more than 30 times the normal volume of water in extremely heavy rains just over two weeks ago. The flood threat shut down three out of the four units at the 1480-megawatt Yallourn generator and triggered the declaration of an “energy emergency” by the Victorian government.

Stanwell won t mothball loss-making coal units

Stanwell won’t mothball loss-making coal units May 3, 2021 – 12.00am Save Share Queensland state-owned power company Stanwell Corporation said it won’t be mothballing any generating units from its coal-fired power stations, despite a plunge in wholesale power prices undermining their long-term financial viability. With the energy industry blindsided by the sudden departure of Stanwell chief executive Richard Van Breda last month – following comments he made about the need to transition away from coal – the company said it was still weeks away from appointing an acting CEO. Tarong Power Station, near Kingaroy, has struggled to compete with cheaper renewable energy.  Energy experts predicted Stanwell would put some of its generating units in “cold storage” as wholesale electricity fell to record lows, driven by the rapid influx of renewable energy in the middle of the day hitting the profitability of coal-fired power stations.

Qld s coal-fired power stations hit hard by plunge in power prices

Qld’s coal-fired power stations hit hard by plunge in power prices Apr 28, 2021 – 6.28pm Save Share Queensland’s state-owned Stanwell Corporation was forced to write down the value of its coal-fired power stations by $700 million last financial year, as it dealt with an influx of cheaper renewable energy that threatens its long-term viability. It comes as Stanwell chief executive Richard Van Breda said he had no choice but to resign last Friday, only days after he made public remarks about the power generation company transitioning out of coal – which was later denied by the Palaszczuk government. Stanwell Corporation chief executive Richard Van Breda said he resigned of his own accord. 

Coal plant threat may risk Texas moment for NEM

Coal plant threat may risk ‘Texas moment’ for NEM Mar 4, 2021 – 3.19pm Save Share The extreme electricity prices and wide-scale blackouts triggered by last month’s deadly freeze in Texas are expected to prompt a re-examination of the risks of extreme weather on Australia’s power grid, which is already under huge pressure due to the rapid rise of renewables. Several days of wholesale prices at the maximum of about $US9000 per megawatt-hour – mostly under mandate from the Public Utility Commission of Texas – claimed Macquarie-backed upstart retailer Griddy as an early victim last Friday, followed by co-operative electricity generator Brazos Electric Power on Monday.

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