TRUenergy is an electricity generation, electricity and gas retailing private company in Australia that is owned by Hong Kong-based and listed CLP Group. TRUenergy has a portfolio of generating sites using thermal coal, natural gas, hydro-electric, solar energy, and wind power.
The company was founded in 1995 and its headquarters are located in Melbourne, Victoria, Australia.
[edit] History
The company is formed from the combination of retail and generation assets purchased from Singapore Power (who in turn purchased them from TXU Corp), and CLP's own Yallourn Power Station, in Victoria's Latrobe Valley. In late 2011, there were media reports that TRUenergy may be floated in 2012.[1]
[edit] Operations
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.
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[edit] External links
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| Coal-fired power stations |
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| Gas-fired power stations |
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| Hydroelectric |
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| Wind Farms |
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| Solar concentrator |
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| Cogeneration |
- Symex Cogeneration Project
- Victoria Harbour Cogeneration Project
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| Geothermal |
- Portland Geothermal Facility
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| Providers |
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| Regulators |
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| Historical |
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