Redbank Power Station

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Redbank power station is a 151-megawatt (MW) coal-fired power plant in New South Wales, Australia. The plant was retired in August 2014.[1]

Location

The map below shows the location of the plant, near Gouldsville, New South Wales.

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Background on Plant

The Redbank Power Station is a 151-megawatt coal fired plant in New South Wales, Australia. It was owned and operated by National Power, a privately-owned company which also has interests in wind, solar and biomass projects.[2][3] It is currently owned by Redbank Energy.

Handout from carbon tax package

National Power, the former owners of the Redbank Power Station, received $8,766,418.74 of the $1 billion cash payments given out in 2011/12[4] to the operators of the most polluting coal-fired power stations. The cash was paid from the Energy Security Fund which was established as a part of the carbon tax legislation passed in 2011.[5][6]

Bitcoin Proposal

In April 2018 the IOT Group in partnership Hunter Energy announced a plan to restart Redbank in 2019 and use the energy to create bitcoin, and potentially to power other blockchain applications.[7]

Plant Details

  • Sponsor: Redbank Energy Ltd
  • Parent company: Redbank Energy
  • Location: Gouldsville, New South Wales, Australia
  • Coordinates: -32.5805339, 151.0714695 (exact)
  • Status: Retired (August 2014)[1]
  • Gross capacity: 151 MW (Unit 1)
  • Type: Subcritical
  • In service: 2001
  • Coal type:
  • Coal source:
  • Source of financing:

Articles and Resources

Related SourceWatch Articles

References

  1. 1.0 1.1 "Retirement of coal fired power stations, Interim report," Environment and Communications References Committee, The Senate, November 2016, Table 2.2
  2. "About National Power", National Power website, acccessed May 2011.
  3. "Fossil", National Power website,accessed May 2011.
  4. Department of Climate Change and Energy Efficiency,"Generation complexes eligible to receive Energy Security Fund cash payments", Department of Climate Change and Energy Efficiency website, July 9, 2012.
  5. Australian Government, "An overview of the Clean Energy Legislative Package", Clean Energy Future website, accessed January 2013.
  6. Energy Security Council, "About the Council", Energy Security Council website, accessed January 2013.
  7. This coal power plant is being reopened for blockchain mining, CNET, Apr. 11, 2018

External Articles