Vic Coalition promises new power station if elected

power station, wallerawang

The Victorian Coalition has promised a 500-megawatt power station to be built within two years if elected to meet the needs of government services.

The Age reports the Coalition says the privately owned power station may include hydro, wind, solar, gas or coal power, to be determined by the tender process.

The Coalition says the plant will shave $350 off the average household bill.

Opposition Leader Matthew Guy told reporters, “We are going to get back control of energy costs in Victoria.”

He also said under his government, direct action would be taken to lower energy bills.

Bids on the tender would be assessed on cost, speed of delivery and environmental concerns.

The Coalition would also scrap the Andrews Government’s target of becoming 50 per cent powered by renewables by 2030.

Opposition energy spokesman David Southwick said thus far the project estimates were based on a gas-fired power station, and no taxpayer money would be used to fund the station.

Just last week it was reported that Victorian electricity prices would see a modest increase after the Australian Energy Regulator approved 2019 tariff proposals.

Regardless of who wins the state election on November 24, SEA Electric is set to open an electric vehicle manufacturing facility in Morwell.