That's why it's so important to get the maximum price to build a...

That's why it's so important to get the maximum price to build a Coldry plant ... Carbon price is coming and power generators are going feel the pinch.
With a price to build and the cost of a new black coal power station put together that will be the cheapest option for victoria


While Truenergy's Yallourn Station would be a candidate for a federal government buyout, Mr McIndoe said the overall effect of the ''pay to close'' option would be that black coal-generated power from NSW would replace the mothballed brown-coal power stations in Victoria, leaving Victorian households and businesses vulnerable if the interstate interconnection broke down.

And a carbon tax of about $25, without significant transitional assistance, would have a big impact on Yallourn, which supplies 22 per cent of Victoria's power. ''Yallourn has a life through to 2032. We continue to invest in Yallourn to date ? but the carbon price mooted at the moment would cause a significant impairment to our equity and we would probably reduce the ongoing investment on the basis that it wouldn't be making significant cash earnings ? That would change its life expectancy and ? affect its reliability.''

http://www.smh.com.au/environment/energy-smart/electric-struggle-for-bigger-payment-20110601-1fgr8.html?skin=text-only

http://www.abc.net.au/local/stories/2011/06/02/3233844.htm