South Australia's Prices Prompt New Power Project Plan
Source: The Age, April 6 2016
Surging electricity prices for industrial customers in South Australia have triggered plans for a new gas-fired power station between local junior Leigh Creek Energy and giant Chinese equipment manufacturer Shanghai Electric.
The power plant would have a capacity of between 300 megawatts and 600 MW, costing $450 million-$900 million, depending on the final capacity, Mr Shearwood said. Start-up is targeted for early 2019, with all power to be sold under long-term contracts with customers.
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