International Power Mitsui

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International Power Mitsui is the trading name for a consortium of International Power plc (70%) and Mitsui & Co. Ltd (30%) which owned the Loy Yang B power station in Victoria, Australia.[1]

The power station is located near Traralgon and in 2009 it was estimated to have emitted 9.8 million tonnes of carbon dioxide equivalent (Mt CO2e).[2]

Handout from carbon tax package

The owners of the Loy Yang B power station received $116,904,439.63 of the $1 billion cash payments given out in 2011/12[3] to the operators of the most polluting coal-fired power stations. The cash was paid from the Energy Security Fund which was established as a part of the carbon tax legislation passed in 2011.[4][5]

Membership of lobby groups

Articles and Resources

Related SourceWatch Articles

References

  1. International Power Australia, "Loy Yang B Power Station", International Power Australia website, accessed August 2010.
  2. The Climate Group, Greenhouse Indicator Series: Australian Electricity Generation Report 2009, The Climate Group, August 2010, page 12. (Pdf)
  3. Department of Climate Change and Energy Efficiency,"Generation complexes eligible to receive Energy Security Fund cash payments", Department of Climate Change and Energy Efficiency website, July 9, 2012.
  4. Australian Government, "An overview of the Clean Energy Legislative Package", Clean Energy Future website, accessed January 2013.
  5. Energy Security Council, "About the Council", Energy Security Council website, accessed January 2013.
  6. Energy Supply Association of Australia, "List of members", Energy Supply Association of Australia website, accessed September 2010.

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External links