Hey Pasboz you will like this one Key tests for contract for...

Hey Pasboz you will like this one


Key tests for contract for closure

10 Oct, 2011
However there remains much work to be done to ensure maximum public benefit from this program - after all power station retirements will be secured with taxpayers funds.
This will be particularly important given the sort of inflated numbers some of the generators are ascribing to their asset value.
So in assessing whether the contract for closure program delivers a good climate policy and public interest outcome we will be applying five key tests:

3) Does it encourage least emissions replacement of capacity?

Contract for closure expressions of interest that present a supply-side solution should receive favourable treatment, particularly where there is a proposal to replace capacity with renewable energy in the same region. For example there is growing interest in replacing Playford with solar thermal capacity. Such a proposal would deliver new jobs and investment in the affected region and therefore should receive higher levels of support than a proposal which just retires plant.

Hazelwood can get a payout and build an USC powerplant with the use of RENEWABLE Coldry for FREE !