Delta Electricity
 | This article needs to be updated. (April 2016) |
 | |
| Company type | Government-owned corporation |
|---|---|
| Industry | electricity generation |
| Founded | 1996 |
| Headquarters | , |
Key people | Helen Garnett (Director) Greg Everett (CEO) |
| Revenue |  A$1,003m[1] |
| A$(277m)[1] | |
| A$(196m)[1] | |
| Total assets | A$2,169[2] |
| Total equity | A$511m[1] |
| Owner | Treasurer of New South Wales - 1 share Minister for Finance and Services - 1 share |
Number of employees | 325 |
| Parent | New South Wales Government |
| Website | www.de.com.au |
Delta Electricity is an electricity generation company in Australia that is owned by the Government of New South Wales, and has a portfolio of generating sites mainly using thermal coal power.
Delta Electricity is established pursuant to the State Owned Corporations Act, 1989 (NSW) and the Energy Services Corporation Act, 1995 (NSW).
Generation portfolio
Delta Electricity owns and operates the following power stations to generate electricity for sale under contract:
| Name | Fuel | Type | Location | Maximum capacity | Commissioned | Reference(s) |
|---|---|---|---|---|---|---|
| Broadwater | Biomass | 38 megawatts (51,000 hp) | ||||
| Chichester Dam | Hydroelectricity | Conventional | near Dungog | 110 kilowatts (150 hp) | 2001 | [3] |
| Colongra | Gas | Gas turbines | Colongra | 667 megawatts (894,000 hp) | 2009 | |
| Condong | Biomass | 30 megawatts (40,000 hp) | ||||
| Dungog | Hydroelectricity | Dungog | 110 kilowatts (150 hp) | |||
| Munmorah - decommissioned | Coal | Steam turbines | Lake Munmorah | 600 megawatts (800,000 hp) | 1967 / 69 | |
| Vales Point | Coal | Steam turbines | Mannering Park | 1,320 megawatts (1,770,000 hp) | 1963 / 64, 1978 | |
NSW Energy Reform
As the Keneally Labor government moved to privatise components of the electricity industry in New South Wales including the electricity trading rights of Delta Electricity, on 14 December 2010 four of the five Directors of Delta (including the Chairman) suddenly stood down in protest over the sale.[4] On 28 February 2011, at the direction of the New South Wales Government,[1] the newly constituted Board of Delta entered into contracts with energy retailer, TRUenergy, for the supply of electricity under Generation Trading Agreements from the Mt Piper and Wallerwang power stations.[1] A subsequent NSW Parliamentary Inquiry was held; however the Directors of Delta who resigned refused to give evidence before the Inquiry unless guarantees of parliamentary privilege would be given by the Government. Keneally refused to provides guarantees and, according to the Inquiry Chairman, the Government stymied the Inquiry's ability to uncover the facts as to the resignation of the directors.[5] In May 2012 legislation was passed in the NSW Parliament to sell the State-owned generators. In September 2013 Mt Piper Power Station and Wallerawang Power Station near Lithgow in NSW were sold to Energy Australia.
References
- ^ a b c d e f "Annual Report 2011" (PDF). Delta Electricity. 2011. Retrieved 9 December 2011.
- ^ "FInancial Report 2011" (PDF). Delta Electricity. 2011. Retrieved 9 December 2011.
- ^ "Chichester Dam Mini-Hydro". Case studies: Hydro. Clean Energy Council. 2013. Retrieved 14 April 2013.
- ^ Salusinszky, Imre; Hepworth, Annabel (15 December 2010). "Chaos hits $5.3bn NSW power sell-off as directors on two boards quit in protest". The Australian. Retrieved 13 December 2011.
- ^ Nile, Fred (23 February 2011). The Gentrader Transactions (PDF). Legislative Council of New South Wales. pp. ix–x.
External links
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