Wholesale power prices expected to rise with Queensland power station repair delay

United Kingdom News News

Wholesale power prices expected to rise with Queensland power station repair delay
United Kingdom Latest News,United Kingdom Headlines
  • 📰 abcnews
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 83%

A fire at Callide Power Station, near Biloela, in May 2021 triggered mass blackouts across the state.

abc.net.au/news/qld-callide-coal-power-delays-energy-prices/102409862Wholesale power prices are expected to rise because of a delay in bringing two central Queensland coal-fired generators back online, the state's deputy premier said.That has now been pushed back to next year, near Biloela, in May 2021 triggered one of the state's worst power outages in decades.But the owner, CS Energy, on Tuesday said this timeline has been set back.C4 is expected to return from May next year.

Deputy Premier Steven Miles said the government was "frustrated" by the delay, but said an increase in wholesale prices would not necessarily flow on to retail customers. "But of course those are users who do pay wholesale power prices, they will inevitably pay these higher costs and some of that will flow through to consumers as well."Australia Institute research director Rod Campbell said the delay, and any change it made to wholesale prices, was unlikely to be seen by consumers.

"By the time that minor change to generation cost gets passed through transmission and distribution costs and retail costs, I really don't think this will be something that most households will discern at all."In a statement, CS Energy acting CEO Andrew Varvari said it was a "highly complex" project.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

abcnews /  🏆 5. in AU

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Australia needs to ‘install all forms of power’ in order to keep the lights onAustralia needs to ‘install all forms of power’ in order to keep the lights onNationals Senator Matt Canavan says Australia needs to “install all forms of power” in order to continue powering the entire nation through its energy transition. “A big country with big power, a big manufacturing sector, and there’s never going to be one horse for all courses,” he told Sky News host Cory Bernardi. “I’m not against solar and wind, we should invest in those two, but we should not just put aside any form of power because the cost of that is everybody pays more and we might not be able to keep the lights on in any case.”
Read more »

How I captured a monster's confession and turned my pain into powerHow I captured a monster's confession and turned my pain into powerFor almost a decade a man my family trusted sexually abused me. A child rapist and master manipulator, he fooled everyone. I hope one day it becomes easier for survivors to take down their abusers in Australian courts.
Read more »

‘The mountain’s power sends volts through the soul’: hiking the Tour du Mont Blanc‘The mountain’s power sends volts through the soul’: hiking the Tour du Mont BlancAn eight-day trek high in the Alps of France, Italy and Switzerland proves a stern test amid bad weather, snoring hikers and hangovers. But the views …
Read more »

Power price relief on the way for older AustraliansPower price relief on the way for older AustraliansAlmost 500,000 Australian seniors will be granted some cost-of-living relief, as the federal government rallies to combat rising power prices. The energy relief payment will be available from July this year. 9News MORE:
Read more »

Select Aussies to benefit from new $500 power bill rebateSelect Aussies to benefit from new $500 power bill rebateThe Albanese government is set to assist almost half a million older Australians with soaring energy prices through a new rebate as power bills face another hike.
Read more »



Render Time: 2025-03-09 17:42:30