CS Energy
CS Energy is an Australia-based electricity generating company fully owned by the Government of Queensland with its head office located in Fortitude Valley, Brisbane. The company was established in 1997 and employs more than 500 staff.[1] Jim Soorley is the board chairman. The Chief Executive Officer is Andrew Bills.
 | |
| Type | Government-owned corporation |
|---|---|
| Industry | Energy |
| Founded | 1997 |
| Headquarters | Brisbane , Australia |
Area served | Queensland |
Key people | Andrew Bills CEO Jim Soorley Chairman |
| Products | Electricity |
| Owner | Government of Queensland |
Number of employees | 500+ |
| Website | www |
| Footnotes / references CS Energy website www.csenergy.com.au | |
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.[2] 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,[3] at a loss of $40M to CS Energy and $6M to ARENA.
In 2020, Stanwell and CS Energy were accused of driving up prices by creating an artificial lack of supply.[4]
Management
Martin Moore was the CEO in 2017.
References
- "CS Energy: Careers". Retrieved 16 January 2016.
- "Queensland solar projects on power plant shortlist". The Courier-Mail. Queensland Newspapers. 12 May 2010. Retrieved 12 May 2010.
- ""CS Energy pulls plug on world's largest "solar booster" project"". RenewEconomy. Retrieved 14 May 2017.
- Rendall, Jessica (20 January 2021). "'Australia's largest energy class action' filed against Queensland power companies accused of driving up prices illegally". ABC News. Australian Broadcasting Corporation. Retrieved 6 November 2021.