Energy Australia says it is looking at options for the transition of its Yallourn coal fired power generator as it reports a small profit for the latest half year, a result affected by intense retail competition, a loss in customer numbers and low wholesale electricity prices.
EnergyAustralia is due to close the ageing Yallourn brown coal generator in the Latrobe Valley in mid 2028 and says it is considering a range of options for the site, including battery storage, data centres and peaking gas plants.
“Planning for the future of the Yallourn site ahead of the power station’s mid-2028 retirement continues, including master planning for the proposed Yallourn Energy Security Precinct,” CEO Mark Collette said in a statement accompanying the half yearly results.
“The early-stage proposal is assessing opportunities for gas generation, large-scale battery storage and data centre development, using the site’s existing grid connections, gas infrastructure and skilled workforce to help support Victoria’s energy security after coal. Further planning, feasibility work and community consultation will follow.”
There has been concern in the energy industry that the Yallourn closure may be delayed, a fear amplified by the potential change of state government in this year’s election. But the company has made it clear behind closed doors that the facility is in no state to keep going beyond the current closure date because of its age and reliability issues.
