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Departed Stanwell CEO a victim of climate and culture war politics


Departed Stanwell CEO a victim of climate and culture war politics
Richard Van Breda has been taken out just as the truth of the message about coal-fired power and renewable energy has been confirmed.
Apr 28, 2021 – 6.05pm
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The full truth of the departure of Richard Van Breda as chief executive of the Queensland government-owned Stanwell Corporation is yet to emerge. But he appears to have fallen victim one way or another to another outbreak of climate and culture war politics.
At a conference last week, Mr Van Breda raised the prospect of mothballing the Tarong North and Stanwell coal-fired power plants before the end of their technical lives, due to the influx of cheap renewables into the electricity grid that are driving down wholesale power prices. ....

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Stanwell CEO Richard van Breda quits mysteriously


Mystery surrounds Stanwell CEO’s exit
What is it about CEOs of coal-fired power companies? Two days after Brett Redman resigned from AGL Energy, the CEO of Queensland’s largest coal-fired power company also bailed.
Apr 27, 2021 – 12.00am
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Brett Redman was not the only chief executive of a major coal-fired power generation company to resign last week and leave a sense of mystery and intrigue.
The day after the AGL Energy board of directors revealed Redman was leaving immediately, the board of Queensland government-owned, coal-fired power generator Stanwell Corporation said it had “reluctantly” accepted the resignation of CEO Richard Van Breda. ....

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Stanwell reveals move away from coal


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Stanwell Corporation has formally announced it will move from fossil fuels to renewables in what will be a game-changer for the power industry in the country.
Touted as Australia’s third-largest greenhouse gas emitter and Queensland largest power generator, the news has been praised by conservation and environmental councils.
The Queensland Government-owned corporation operates three coal plants including Tarong, Tarong North and Stanwell just west of Rockhampton.
In a statement released ahead of the future energy summit in Gladstone on Wednesday, Stanwell CEO Richard Van Breda said the corporation must shift its focus towards new energy technologies. ....

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