http://www.latrobevalleyexpress.com.au/news/local/news/general/lobby-to-open-resources/2380871.aspx?storypage=1
LYP would hold a significant amount of the 13 billion allocated .
fortunately ECT have a MOU with loy yang power and Coldry will no longer be politically sensitive and now LYP can achieve a financial return in backing coldry for local use and export.
coldry under at $10 or less per ton local use ,gas cannot compete,especially if GEAC /ALCOA /Macquarie Group or what syndicate eventuates that owns coldry plants.
Power stations able to compete on market with a BCE product ready for export at what price ?? with water savings.
"The Department of Primary Industries has put the region’s remaining brown coal deposit at 30 billion tonnes; 13 billion of which have already been allocated.
Clean Coal Victoria director Charlie Speirs said in addition to possible government allocation, companies could pursue private allocation arrangements with current mine operators and license holders. "
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