Latrobe Valley coal power plants interested in plan to close down

Latrobe Valley plants’ carbon tax interest The Age, October 22, 2011  The owners of the Latrobe Valley’s Hazelwood and Yallourn power plants have registered their interest for a federal government scheme to pay generators to close under the carbon tax.

The government called for expressions of interest to close down 2000-megawatts of the nation’s dirtiest power generation by 2020.

The removal of the dirtiest power generation in the country is part of the government’s Clean Energy Future plan, which also includes a $23-a-tonne price on carbon from July next year, household assistance and funding for renewable energy projects.

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Expressions of interest were due by October 21 and contracts are expected to be finalised by June 30, 2012.

The owners of Hazelwood and Yallourn as well as HRL, the owner of smaller generator Energy Brix, have applied, Fairfax newspapers report.

There have also been applications by the owners of South Australia’s Playford and Queensland’s Collinsville plants…..

http://news.theage.com.au/breaking-news-national/latrobe-valley-plants-carbon-tax-interest-20111022-1md1g.html

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