Origin Energy’s proposed natural gas-fired power station near Mortlake in southwest Victoria has been formally endorsed by the Victorian Government, the company has announced.
Two year process: State Minister for Energy Industries and Resources, Theo Theophanous, released his favourable assessment of the project after considering the Environment Effects Statement, public and Government submissions, and the advice of the independent panel of experts appointed to review the project. The Minister’s assessment is the culmination of more than two years of project development and community consultation.
More approval work to do: The assessment is a precursor to receiving a final approval for the project in the form of a works approval from the Environmental Protection Authority, a planning scheme amendment from the Minister for Planning and a pipeline permit from the Minister for Energy, Industries and Resources. Securing Government support is an essential step in the project’s evolution, Origin said.
Then it’s up to the board: Once final Government approval was received the next important milestone would be a decision by the Origin board on whether to proceed to construction of the power station and associated pipeline.
Market conditions will be a key factor: That decision is expected later this year and will be dependent on other factors such as supply and demand for electricity.
Reference: Origin Energy, 12 July 2006. For further information, please contact: Wayne Gregory, National Manager, Public Affairs, Ph: 03 9652 5886, Mobile: 0419 587 375.
Erisk Net, 13/7/2006