CS Energy is an Australia-based electricity generating company fully owned by the
Government of Queensland
The Queensland Government is the democratic administrative authority of the Australian state of Queensland. The Government of Queensland, a parliamentary constitutional monarchy was formed in 1859 as prescribed in its Constitution, as amended f ...
with its head office located in
Fortitude Valley,
Brisbane
Brisbane ( ) is the capital and most populous city of the states and territories of Australia, Australian state of Queensland, and the list of cities in Australia by population, third-most populous city in Australia and Oceania, with a populati ...
. The company was established in 1997 and employs more than 500 staff.
Jim Soorley is the board chairman. The Chief Executive Officer is Andrew Bills.
The company's generation portfolio comprises coal-fired power stations. CS Energy has a trading portfolio of 3,535 megawatts in Australia's national electricity market. At present, the company owns and operates
Kogan Creek Power Station and Callide B Power Station. CS Energy also owns
Callide Power Station in a 50/50 joint venture with InterGen.
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.
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,
at a loss of $40M to CS Energy and $6M to ARENA.
In 2020,
Stanwell
Stanwell is a village close to two of the three main towns in the Borough of Spelthorne, Surrey, about west of central London. A small corner of its land is vital industrial land serving Heathrow Airport – most of the rest is residentia ...
and CS Energy were accused of driving up prices by creating an artificial lack of supply.
Management
Martin Moore was the CEO in 2017.
See also
*
List of active power stations in Queensland
*
National Electricity Market
References
External links
CS Energy
Government-owned companies of Queensland
Electric power companies of Australia
Energy companies established in 1997
Companies based in Brisbane
Energy in Queensland
1997 establishments in Australia
Government-owned energy companies
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