Gas fired power stations for NSW and Victoria placed on hold as demand slumps
Submitted by takver on Fri, 28/12/2012 - 9:28pmEnergyAustralia has announced shelving plans for construction of a 1000MW gas fired power station in the Latrobe Valley at it's Yallourn site saying that low wholesale energy prices and reduced electricity demand did not make the project viable. EnergyAustralia is a division of Hong Kong-based utility CLP Holdings Ltd.