Strategy: Work with Loy Yang Power to improve its greenhouse gas emission performance. AGL is a minority investor in the largest brown coal-fired power station in Victoria, the Loy Yang A power station. Our 32.5% equity investment is structured through the Greater Energy Alliance Corporation (GEAC) that owns Loy Yang Power which owns and operates both the power station and an adjacent mine.  
 
Highlights 2006/2007
Performance 2006/2007
Actions 2007/2008
Case Study: AGL and Government Climate Change Policy
Case Study: AGL takes the lead in the Clean Energy Council

AGL’s equity capacity in the Loy Yang A power station is 689 MW. Due to its fuel source and substantial size, Loy Yang A is one of the largest point source emitters of carbon dioxide in Australia, accounting for about 7% of national stationary sector emissions.

 

Importantly, the Loy Yang A power station is the most efficient of all the existing brown coal-fired generators in Australia. It produces competitively priced energy and has the lowest emission intensity of generators using brown coal in Australia.

 

However, while the power station is relatively efficient, AGL is working hard with Loy Yang Power to consider potential emission reductions. As a participant on the environmental sub-committee of the GEAC Board, AGL works to ensure that Loy Yang Power’s environmental performance is consistent with AGL expectations.

 

The Mechanical Thermal Expression pilot plant at the Loy Yang A power station has progressed well. The plant will demonstrate how greenhouse emissions can be reduced if the moisture content of the coal is lowered. The plant is being funded jointly by Loy Yang Power, other industry participants and the Australian and Victorian Governments.

 

AGL unsuccessfully applied for funding to build and operate a carbon separation plant which could be used in a wide-scale geosequestration project in the future. The $98 million project sought funding from the Commonwealth Government Low Emission Technology Demonstration Fund. AGL is continuing to talk with both Loy Yang Power and technology partners about potential
future projects.