News

September 1, 2022

Key Points

  • EnergyAustralia’s coal-fired Yallourn power station in Victoria’s Latrobe Valley is scheduled to retire in mid-2028.
  • We plan to retire Yallourn and transition to cleaner energy in a way that does not leave the workforce or the community behind.
  • Our $10 million support package, coupled with seven years’ advance notice of Yallourn’s retirement, is focused on supporting our Yallourn people and ensures they have time to plan and prepare for their future.
  • EnergyAustralia is committed to doing our share toward Australia’s transition to net zero emissions and at the same time, continue to responsibly provide cleaner, reliable and affordable energy for Victorian households and businesses.
  • EnergyAustralia is providing good supply into the system.
  • Three units are online at Yallourn power station in Victoria. A fourth unit is offline due to a planned outage and is expected to return to service on 5 September.
  • Mt Piper in New South Wales has both generating units operating at full capacity.
  • Our gas assets at Tallawarra, Newport and Hallett and Jeeralang are available.
  • Our team is working hard to keep pumping power into the system to support our 1.6 million customers.

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Background

Supporting customers

EnergyAustralia’s EnergyAssist program means the power won’t be disconnected and debt collection activities won’t be initiated. Residential customers on the program also have access to tailored payment plans, energy audits, information on grant programs and advice on energy usage.

Through Rapid Business Assist, specialist advisors can discuss ways for EnergyAustralia’s small and medium-sized business customers to lower energy consumption, the government energy relief subsidies available, and options for tailored payment schedule.