Epic Energy

Last updated

Epic Energy
Industryenergy infrastructure  OOjs UI icon edit-ltr-progressive.svg
Headquarters,
Australia  OOjs UI icon edit-ltr-progressive.svg
Parent Queensland Investment Corporation   OOjs UI icon edit-ltr-progressive.svg

Epic Energy is an Australian company that owns gas pipelines and wind farms. It has been a wholly owned subsidiary of QIC Global Infrastructure, an arm of the Queensland Investment Corporation, since 2013. [1]

Epic Energy owns and operates both the Moomba Adelaide Pipeline System and the South East Pipeline System in South Australia. It also owns two small wind farms in VictoriaTimboon West Wind Farm and Yawong Wind Farm since April 2019. [2]

Related Research Articles

Ørsted A/S is a Danish multinational power company based in Fredericia, Denmark. It is the largest energy company in Denmark. The company adopted its current name on 6 November 2017.

TC Energy Canadian energy company

TC Energy Corporation is a major North American energy company, based in Calgary, Alberta, Canada, that develops and operates energy infrastructure in Canada, the United States, and Mexico. The company operates three core businesses: Natural Gas Pipelines, Liquids Pipelines and Energy.

Alinta was an Australian energy infrastructure company. It has grown from a small, Western Australia-based gas distributor and retailer to the largest energy infrastructure company in Australia. It was bought in 2007 by a consortium including Singapore Power and various parties which include the now defunct Babcock & Brown funds.

Stanwell Corporation

Stanwell Corporation is a Queensland government-owned corporation and is the state's largest electricity generator.

Wind power in Australia Overview of wind power in Australia

Wind power is one of the main renewable energy sources in Australia. In 2019, wind power accounted for 8.5% of Australia's total electricity demand and 35.4% of total renewable energy supply. As of December 2019, there was 6,279 megawatt (MW) of installed wind power capacity and a further 21,845 MW of capacity was proposed or committed to the electricity sector in Australia as of February 2020. At the end of 2019 there were 101 wind farms in Australia, most of which had turbines from 1.5 to 3 MW. In addition, 30 projects with a combined installed capacity of more than 5,500 MW are either under construction or committed to be built in 2020/21 having reached financial closure. Australian wind power to grid peaked at 4 GW in February 2019.

AGL Energy

AGL Energy Ltd is an Australian listed public company involved in both the generation and retailing of electricity and gas for residential and commercial use.

Solar power in Australia Overview of solar power in Australia

Solar power in Australia is a fast growing industry. As of December 2020, Australia's over 2.66 million solar PV installations had a combined capacity of 20,198 MW photovoltaic (PV) solar power, of which at least 3,906 MW were installed in the preceding 12 months. In 2019, 59 solar PV projects with a combined capacity of 2,881 MW were either under construction, constructed or due to start construction having reached financial closure. Solar accounted for 5.2% of Australia's total electrical energy production in 2018.

Renewable energy in Australia includes wind power, hydroelectricity, solar PV, heat pumps, geothermal, wave and solar thermal energy.

Energy in Victoria

Energy in Victoria, Australia is generated using a number of fuels or technologies, including coal, natural gas and renewable energy sources. Brown coal is the main primary energy source for the generation of electricity in the state, accounting for about 85% of electricity generation in 2008. The amount of coal-fired power has decreased significantly with the closure in 2017 of the Hazelwood power station which supplied around 20% of Victoria’s electricity, and to a lesser extent with the exit of Anglesea power station in 2015. Brown coal is one of the largest contributors to Australia's total domestic greenhouse gas emissions and a source of controversy for the country. Australia is one of the highest polluters of greenhouse gas per capita in the world. In 2016, about 16% of Victoria’s electricity was from renewable sources, with a government target to increase that share to 40% by 2025. In 2019, renewable energy provided 23.9% of the state's electricity.

Energy in Queensland Overview of the production, consumption, import and export of energy and electricity in Queensland

Queensland's energy policy is based on the year 2000 document called the Queensland Energy Policy: A Cleaner Energy Strategy. The Queensland Government assists energy development through the Department of Energy and Water Supply. The state is noted for its significant contribution to coal mining in Australia. The primary fuel for electricity generation in the state is coal with coal seam gas becoming a significant fuel source. Queensland has 98% of Australia's reserves of coal seam gas. An expansion of energy-intensive industries such as mining, economic growth and population growth have created increased demand for energy in Queensland.

Jemena

SGSP (Australia) Assets Pty Ltd (SGSPAA), trading as Jemena, is an Australian company that owns, manages or operates energy infrastructure assets in the eastern states of Australia including Queensland and New South Wales, and gas pipelines and gas and electricity distribution networks in Victoria and the Northern Territory. It is 60% owned by State Grid Corporation of China and 40% by Singapore Power.

South Australia is rich in energy. It contains significant reserves of fossil fuels such as natural gas, coal, and oil – although there are incentives to phase these out in favour of clean energy. The state also contains large amounts of uranium, including the world's single biggest deposit at Olympic Dam, which represents 30% of the world's total resource.

Electricity sector in Australia

The electricity sector in Australia is historically dominated by coal-fired power stations, but renewables are forming a rapidly growing fraction of supply.

APA Group (Australia)

APA Group is a company in Australia which owns and operates natural gas and electricity assets. It is Australia's largest natural gas infrastructure business. It is listed on the Australian Stock Exchange.

The Moomba Adelaide Pipeline System is a natural gas pipeline delivering gas from the Cooper Basin gas wells near Moomba to Adelaide, with spur pipelines to Angaston and Whyalla. It can also receive gas from Southeastern Queensland through the QSN Link pipeline owned by APA Group.

Kogan, Queensland Suburb of Western Downs Region, Queensland, Australia

Kogan is a rural town and locality in the Western Downs Region, Queensland, Australia. In the 2016 census the locality of Kogan had a population of 190 people.

Energy in the Australian Capital Territory

Energy produced in the Australian Capital Territory mainly consists of solar electricity. Electricity consumed in the Australian Capital Territory mainly comes from the national power grid through substations at Holt and Fyshwick. The ACT currently mandates that 100 percent of its electricity, will be supplied from renewable sources by 2020. The ACT has four solar farms capable of generating about 56.3 megawatts. From 1913 until the mid 1950s some power was produced from the Kingston Powerhouse, a thermal power station in Kingston.

Bright Energy Investments (BEI) is a joint venture between Western Australian state-owned electricity generator and retailer Synergy, global infrastructure investment fund DIF, and Australian industry superannuation fund Cbus. It develops and owns solar and wind farms for electricity on the South West Interconnected System, the main Western Australian electricity grid.

References

  1. "Epic Energy". Queensland Investment Corporation . Retrieved 21 February 2021.
  2. "Business Overview". Epic Energy. Retrieved 18 February 2021.