CS Energy

CS Energy
Government-owned corporation
Industry Energy
Founded 1997
Headquarters Brisbane, Australia
Area served
 Queensland
Key people
 Martin Moore
CEO
Jim Soorley
Chairman
Products Electricity
IncreaseA$124.2 million (2014/15)
Owner Government of Queensland
Number of employees
 400+
Website www.csenergy.com.au
Footnotes / references
CS Energy website www.csenergy.com.au

CS Energy is an Australia-based electricity generating company owned by the Government of Queensland with its head office located in Fortitude Valley, Brisbane. The company was established in 1997 and employs more than 400 staff.[1]

The company's generation portfolio comprises coal-fired and pumped storage hydroelectric power stations. CS Energy has a trading portfolio of more than 4,035 megawatts in Australia's national electricity market. At present, the company owns and operates Kogan Creek Power Station, Wivenhoe Power Station,[2] and Callide A and Callide B, and together with InterGen (in a joint venture, managed by Callide Power Management) 50% of Callide C Power Station.[3]

CS Energy was awarded A$32 million in 2010 to help construct Australia's first large-scale solar thermal project at Kogan Creek Power Station.[4] Funding was provided by the Rudd Government under the Renewable Energy Demonstration Program. However, in March 2016, it was announced that CS Energy would 'pull the plug' on that project,[5] at a loss of $40M to CS Energy and $6M to ARENA.

In 2007, the Chief Executive Officer, Mark Chatfield, was stood down by the board after allegations of inappropriate share dealings were raised.[6]

See also

References

  1. ↑ "CS Energy: Careers". Retrieved 2016-01-16.
  2. ↑ "CS Energy Power Stations". Retrieved 2011-11-30.
  3. ↑ "Callide Power Station" (PDF). Retrieved 2011-11-30.
  4. ↑ "Queensland solar projects on power plant shortlist". The Courier-Mail. Queensland Newspapers. 12 May 2010. Retrieved 12 May 2010.
  5. ↑ ""CS Energy pulls plug on world's largest "solar booster" project"". RenewEconomy. Retrieved 14 May 2017.
  6. ↑ "CS Energy CEO stood down". Brisbane Times. Fairfax Digital. 11 May 2008. Retrieved 23 May 2010.


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