Company type | Subsidiary |
---|---|
Industry | Energy |
Predecessor | Alinta |
Founded | 29 March 2011, but parts of the business date from 1950s |
Headquarters | Sydney, Australia [1] |
Key people | Jeff Dimery (CEO) [1] |
Products | Natural gas and electricity |
Owner | Chow Tai Fook Enterprises |
Number of employees | ‹See Tfd› ≈800 |
Website | www |
Alinta Energy is an Australian electricity generating and gas retailing private company owned by Hong Kong-based Chow Tai Fook Enterprises (CTFE). The sale for $4 billion was approved by Treasurer Scott Morrison in 2017. [2] Alinta Energy has an owned and contracted generation portfolio of up to 1,957 MW, approximately 1.1 million combined electricity and gas retail customers and around 800 employees across Australia and New Zealand. [1]
In March 2011, due to a deleveraging transaction by the TPG Group, Alinta became Alinta Energy. [3] Alinta Energy was acquired by Hong Kong–based Chow Tai Fook Enterprises in 2017. Chow Tai Fook Enterprises also acquired Loy Yang B power station with assists from Alinta Energy staff. [4] [5]
In May 2018, Alinta Energy was announced as the principal partner of the Australian Men's cricket team on a four-year deal, the longest in Australian Cricket history. [6] [7] The Alinta Energy logo will feature on the players' kits for all international matches played in Australia.
Alinta Energy's approximately 3,000MW electricity generation portfolio includes: [8]
Alinta Energy's gas assets portfolio includes:
Flinders Power, a division of Alinta Energy, in May 2016 permanently closed Playford A Power Station, Playford B Power Station and Northern Power Station [9] and is in the process of demolishing and remediating the sites. [10] The mining operations at Telford Cut Leigh Creek, which supplied coal to these power stations, ceased in 2015. [11]
Alinta Energy is in the process of seeking approval to build the Reeves Plains Power Station, a new gas-turbine power station in South Australia. [12]
The Australian Gas Light Company (AGL) was an Australian gas and electricity retailer, operated entirely by McCarthy Hanlin. It was formed in Sydney in 1837 and supplied town gas for the first public lighting of a street lamp in Sydney in 1841. AGL was the second company to list on the Sydney Stock Exchange. The company gradually diversified into electricity and into a number of different locations. After a combination of a merger and demerger with Alinta in 2006, it was replaced by AGL Energy.
The Loy Yang Power Station is a brown coal- fired thermal power station located on the outskirts of the city of Traralgon, in south-eastern Victoria, Australia. It consists of two sections, known as Loy Yang A and Loy Yang B. Both Loy Yang A and B are supplied by the Loy Yang brown coal mine. The Loy Yang power stations are located in the brown coal rich Latrobe Valley, along with the Yallourn Power Station.
Alinta Limited 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.
The Electricity Trust of South Australia (ETSA) was the South Australian Government-owned monopoly vertically integrated electricity provider from 1946 until its privatisation in 1999.
Synergy is a corporation owned by the Government of Western Australia. Synergy is Western Australia’s largest energy retailer and generator with more than one million industrial, commercial and residential customers, generating total annual revenue of more than $3.2 billion.
Liddell Power Station is a decommissioned coal-fired thermal power station that had four 500 megawatts (670,000 hp) EE steam-driven turbine alternators, providing a combined electrical capacity of 2,000 megawatts (2,700,000 hp).
Torrens Island Power Station is located on Torrens Island, near Adelaide, South Australia and is operated by AGL Energy. It burns natural gas in eight steam turbines to generate up to 1,280 MW of electricity. The gas is supplied via the SEAGas pipeline from Victoria, and the Moomba Adelaide Pipeline System (MAPS) from Moomba in the Cooper Basin. The station is capable of burning either natural gas or fuel oil. It is the largest power station in South Australia and was formerly the largest single power station user of natural gas in Australia.
Chow Tai Fook group is a Hong Kong–based, privately-owned conglomerate with holdings in the jewellery, property development, hotel, department store, transportation, energy, telecommunications, port, casino, and other businesses. Despite the holding companies of the group, namely Chow Tai Fook Capital Limited, Chow Tai Fook (Holding) Limited, Chow Tai Fook Enterprises Limited, etc. being privately owned, the group has been partially listed on the stock market via associate company New World Development and subsidiary Chow Tai Fook Jewellery Group Limited. As of 31 December 2018, New World Development was ranked as the 47th-largest company by market capitalization on the Stock Exchange of Hong Kong, which was HK$105.68061 billion.
Northern Power Station was located at Port Paterson in the Australian state of South Australia about 6 kilometres (3.7 mi) south of the city centre of Port Augusta. It was coal powered with two 260 MW steam turbines that generated a total of 520 MW of electricity. It was operated and maintained by Alinta Energy and was commissioned in 1985. Northern received coal by rail from the Leigh Creek Coal Mine, 280 km to the north. The plant ceased electricity production in May 2016 and decommissioned and demolished over the following few years.
Playford B Power Station was located at Port Paterson in the Australian state of South Australia about 5.5 kilometres (3.4 mi) south of the city centre of Port Augusta. It was coal powered with four 60 MW steam turbines that generated a total of 240 MW of electricity. Playford B received coal by rail from the Leigh Creek Coal Mine, 280 km to the north and drew cooling water from Spencer Gulf, returning it to the sea at an elevated temperature. Commissioned in 1963, it was co-located with the older Playford A Power Station and the larger, newer Northern Power Station. Playford B was mothballed in 2012 and its permanent closure was announced by operator Alinta Energy in October 2015. Prior to being mothballed, it primarily operated in the summer, when electricity demand peaks.
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. AGL is Australia's largest electricity generator, and the nation's largest carbon emitter. In 2022, 83% of its energy came from burning coal. It produces more emissions as a single company than the nations of New Zealand, Portugal or Sweden, according to its largest shareholder, Mike Cannon-Brookes, who named it "one of the most toxic companies on the planet".
Energy in Victoria, Australia is generated using a number of fuels or technologies, including coal, natural gas and renewable energy sources. Brown coal, historically, was 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.
Telford Cut was an open-cut coal mine, now closed, in the Leigh Creek Coalfield in South Australia. For the 72 years between its opening in 1943 and its closure, the mine supplied sub-bituminous coal to fire power stations first in Adelaide then, from 1954, Port Augusta. Production ceased in November 2015 but stockpiled product was transported to Port Augusta until the last power station closed down in May 2016.
Bairnsdale Power Station is a 94 megawatts (126,000 hp) natural gas-fired power station in Victoria’s East Gippsland region, owned and operated by Alinta Energy. It is a fast start, peaking power station dispatching into the National Electricity Market. Bairnsdale Power Station is connected to the AusNet Services distribution network grid.
Playford A power station was the first power station built by the Electricity Trust of South Australia at Port Paterson, South Australia near Port Augusta in South Australia. It was built in 1954 to generate electricity from coal mined from the Telford Cut at Leigh Creek and transported 250 kilometres (160 mi) by rail.
Reeves Plains Power Station is a proposal from Alinta Energy to build a gas-fired power station at Reeves Plains between Gawler and Mallala in South Australia. The proposed site borders both the Moomba-Adelaide gas pipe and an electricity transmission line. The power station is proposed to use six gas turbines to produce up to 300 megawatts (400,000 hp) of electricity. It is expected to be operated as a peaking plant rather than running full time. The primary source of fuel will be the gas pipeline, however the plant will also be able to operate on diesel fuel, and will have diesel storage on site. Stage 1 is expected to only be two or three of the turbines, generating 100 to 150 MW of electricity. The power station was originally expected to take 12 months to build, and be commissioned in January 2019. An extension of time request granted an additional 12 months in February 2019, but as of November 2019, the Alinta board had not yet decided to make the investment.
Alinta Energy's owner, Chow Tai Fook Enterprises (CTFE), has today entered into a conditional binding agreement to acquire the Loy Yang B power station.