TRUenergy

TRUenergy

TRUenergy is an energy company headquartered in Melbourne, Victoria, Australia. Founded in 2005 as a retailer and generator of electricity, and a retailer of natural gas, the company is formed from the combination of retail and generation assets purchased by Hong Kong-based CLP from Singapore Power (who in turn purchased them from TXU Corp, of Texas USA), and CLP's own Yallourn Power Station, in Victoria's Latrobe Valley.

TRUenergy supplies natural gas and electricity to more than 1.25 million residential and business customers throughout Australia. In addition to the retail function, TRUenergy has a significant portfolio of industrial and commercial customers, and a $5 billion portfolio of energy assets, including an underground natural gas storage facility at Iona near Port Campbell (Victoria), a master hedge agreement with Ecogen for 966 megawatts of gas-fired electricity and power stations at Yallourn, Victoria and Hallett Power Station, in South Australia.

TRUenergy is the only Australian energy business that has publicly committed to medium to long term greenhouse reduction targets. The company's Climate Change strategy commits TRUenergy to reducing its greenhouse gas emissions across its portfolio by 60% by 2050. It has also spent close to $1 billion expanding its clean energy portfolio, including a $292 million commitment to Melbourne-based Solar Systems, a world leading manufacturer of concentrated photovoltaic technology. This deal will now enable Solar Systems to construct the world's most efficient concentrated solar power station in northwest Victoria.

Other clean energy developments include - a new $350 million combined cycle natural gas power station near Wollongong in New South Wales. When complete, TRUenergy Tallawarra will be Australia's most efficient gas-fired power station and will provide gas and electricity to over 200,000 homes.- a $57 million structured deal with Petratherm to pilot geothermal technologies- participation in a study looking at the prospect of reducing greenhouse emissions from brown coal.

TRUenergy employs over 1000 people in Victoria and NSW.

External links

* [http://www.truenergy.com.au TRUenergy]
* [http://www.clpholdings.com CLP]


Wikimedia Foundation. 2010.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Yallourn Power Station, Victoria — Yallourn Power Station was a complex of six brown coal fuelled power stations built progressively from the 1920s to the 1960s. Located in Victoria s Latrobe Valley, the complex was situated beside the Latrobe River, with the company town of… …   Wikipedia

  • 2007 VFL season — Infobox VFL season year = 2007 caption = Current VFA/VFL logo, former VFL/AFL logo teams = 13 premiers = Geelong Cats count = 7th minor premiers = Sandringham Zebras mpcount = ?th matches = 126 top goal scorer = Nicholas Sautner J.J. Liston… …   Wikipedia

  • 2006 VFL season — Infobox VFL season year = 2006 caption = Current VFA/VFL logo, former VFL/AFL logo teams = 13 premiers = Sandringham Zebras count = 10th minor premiers = Northern Bullants mpcount = ?th matches = 126 top goal scorer = Aaron Edwards, Frankston J.… …   Wikipedia

  • 2005 VFL season — Infobox VFL season year = 2005 caption = Current VFA/VFL logo, former VFL/AFL logo teams = 13 premiers = Sandringham Zebras count = 9th minor premiers = Northern Bullants mpcount = ?th matches = 126 top goal scorer = James Podsiadly, Werribee J.… …   Wikipedia

  • Tallawarra Power Station, New South Wales — The Tallawarra Power Station is a closed coal fired power station in the Illawarra district of New South Wales, Australia. The station opened in 1954 and reached full operation in 1961. [cite web|work=Wollongong City Library| title=Yallah… …   Wikipedia

  • SEAGas pipeline — The SEA Gas pipeline (South East Australia Gas pipeline) is a 687km natural gas pipeline from the Iona Gas Plant in Victoria to the Pelican Point Power Station at Port Adelaide. It connects Adelaide s gas supply to Melbourne and Sydney s, thus… …   Wikipedia

  • Green electricity in Australia — is available from a number of green energy suppliers that supply electricity from what are thought to be environmentally friendly energy sources. Typically, this refers to renewable and non polluting energy sources. The growth and development of… …   Wikipedia

  • 2007 VFL season results — Results for the 2007 Victorian Football League known as the TRUenergy VFL season.TRUenergy VFL seasonRound 1 SeniorsRound 4 SeniorsRound 7 SeniorsRound 9 SeniorsRound 12 SeniorsRound 15 SeniorsRound 18 Seniors …   Wikipedia

  • Adelaide — For other uses, see Adelaide (disambiguation). Adelaide South Australia Aerial view of Adelaide city centre in 2005 …   Wikipedia

  • Victorian Football League — Past ClubsThe VFL has undergone significant format changes since its induction which means several clubs have either left the league or changed identity for different reasons.*Albert Park Football Club *Ballarat Football Club *Ballarat Imperial… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”