7th Aug 2023 – EnergyAustralia ‘continues to focus on strengthening performance following improved first-half results’

A belated and back-dated article to point to the EnergyAustralia Media Release of 7th August 2023 titled ‘EnergyAustralia continues to focus on strengthening performance following improved first-half results’ here:

2023-08-07-EnergyAustralia-HalfYearEarnings

This Media Release follows from this release (almost exactly a year ago) announcing their earnings fall as a result of the 2022 Energy Crisis.

In this Media Release, they note:

‘Improved operational reliability with Yallourn generation availability at 77% in the first half compared to 68% in the prior period.’

… and …

‘Mr Collette added: “Our improved performance in the first half has been supported by a new multi-mine agreement with Centennial to improve coal reliability at Mt Piper and investments to accelerate maintenance at Yallourn. This includes $400 million to complete major outages for each of Yallourn’s four generation units in 2023 and 2024 ahead of the station’s planned closure mid-2028.’


About the Author

Paul McArdle
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time. As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.

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