Green light for clean coal, galilee power
ALPHA: Plans for a billion-dollar clean coal power station in Central Queensland have been given the green light.
The $1.25 billion proposed coal-fired Galilee power station, which will incorporate carbon capture and storage (CCS) technologies, will be based in the Galilee Basin. Galilee Power is owned by Waratah Coal Pty Limited, which also announced Australia's largest thermal coal mine and infrastructure project, worth $7.5 billion, earlier this year.
Waratah Coal announced yesterday the State Government had declared its proposed power station a “significant project for which an environmental impact statement is required”.
Waratah Coal is owned by mining magnate Clive Palmer's private company, Mineralogy Pty Ltd.
Waratah Coal chief executive Peter Lynch said Galilee Power proposed to construct and operate a 900 megawatt coal-fired power station that incorporated CSS and has launched a pre-feasibility study into the project.
Mr Lynch said that, pending approvals, construction could start within three years, generating about 1000 jobs and 60 permanent jobs once it was operating.
Last month Premier Anna Bligh unveiled the government's new climate change strategy, ClimateQ: Towards a Greener Queensland.
It updates the 2007 plan, ClimateSmart 2050, in light of the Federal Government's proposed carbon pollution reduction scheme (CPRS) and renewable energy targets, and the latest science and projections.
Ms Bligh said that under ClimateQ, no new coal-fired power stations would be built in Queensland unless they used the world's best emissions technology and were ready to store and capture carbon.
Mr Lynch said the company was prepared for emissions legislation.
“It improves our green credentials and shows our commitment to working towards the goals that both the state and Federal Government are espousing,” he said.