AUL 0.00% 28.5¢ austar gold limited

http://www.latrobe.vic.gov.au/files/1548fb18-9a90-4362-ba7d-a3dc0...

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    http://www.latrobe.vic.gov.au/files..._City_Submission_Energy_Green_Paper_FINAL.pdf

    Latrobe City Council has identified the need for a new base load power station to be built in Latrobe City to ensure the future needs for efficient and reliable energy supply are met. At the Ordinary Meeting of Council on Tuesday 10 June 2014, Council resolved:  Calls on the state Government to facilitate the construction of a new base load Power Station in the Latrobe City; that the Mayor write to both the Premier (The Hon. Dr Denis Napthine) and opposition leader (The Hon. Daniel Andrews) asking them to publicly state their position on a new Power Station and detail plans to achieve operation to meet future market demand.  Calls on the Federal Environment Minister (The Hon. Greg Hunt) to publicly clarify the Commonwealth Government’s position on the allocation of Direct Action Plan funding to assist the transition to cleaner generation technology for the people of Latrobe Region and Victoria. Council acknowledges the current over supply of energy and associated lack of incentive for investment in this area. However, Council believes the Victorian and Australian Government need to start planning for the next generation of Victoria’s base load power supply, particularly given the lead times associated with the planning and commissioning of a new base load power station. In addition, Council supports the Government’s position to reduce Australia’s emissions to meet its 2020 target and acknowledges the environmental benefits of renewable energy; however current limitations regarding consistency of supply, and high infrastructure costs mean they are not considered a viable option for base load power supply. Council sees an opportunity to overcome both of these issues by planning for a flexible, reliable, more efficient base load power station which can complement the growth in renewables.

    B Rubes
 
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