The report prepared by Ian Nethercote, a former CEO of Victoria’s largest power station Loy Yang A, Mary Aldred from the Committee for Gippsland and the Minerals Council of Australia’s Patrick Gibbons discusses the pressing need for a new baseload power station in the Latrobe Valley.
In the last decade, Australia has lost its low cost energy advantage as power prices have moved from the some of the lowest to some of the highest in the developed world. Germany, the world leader in brown coal technology, offers important lessons for Victoria. The newest German brown coal power station was built just five years ago, and it provides cheap and reliable power with CO2 emissions 25 per cent lower than the best in the Latrobe Valley.
The report calls on the Victorian and Australian governments to investigate, as a matter of priority, what would be required to build a new low emission power station in the Latrobe Valley.
You can view the report at the below link.