The Minerals Council of Australia Victorian Division welcomes the release of the Victorian Liberal National Party policy calling for the building of a 500MW power station.

Energy prices and reliability are a major issue confronting Victorian businesses.

Since the close of Hazelwood Power Station, wholesale energy prices have increased by more than 80 per cent and Victoria is no longer a major net exporter of electricity, increasingly dependent on power from New South Wales.

500MW of new power supply which is available 24/7 is a welcome step to help restore reliable and affordable power supplies which are crucial for Victorian industry while meeting Australia’s Paris commitment of a 26-28 per cent reduction of 2005 CO2 emissions by 2030.

 

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Download the full media release here: PDF icon181113 MCA Victoria welcomes initiative to bolster state's power generation by 500 MW.pdf

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