Tuesday 10 April 2007

Verve Energy meeting challenges

Weekend Courier - Rockingham
Friday 6/4/2007 Page: 27

PLANT reliability, financial performance and climate change are some of the biggest challenges facing Verve Energy, according to acting chief executive Ken Bowron. Speaking on Verve Energy's first anniversary Mr Bowron said community attitudes and expectations were changing, and that Verve, which ran Cockburn and Kwinana Power Stations in Kwinana, would change with them.

"Verve Energy will improve its environmental performance and work towards carbon neutrality," he said. "While our commitment is genuine, our strategies to improve our environmental performance will take time to show results.

"With our diversity of generation options - coal, gas, liquids and renewable energy Verve Energy is better placed than many other generating utilities to move with the times." Mr Bowron said Verve Energy was shutting down old, inefficient generators; improving efficiency of its power stations; pursuing renewable electricity projects such as wind farms, wind, diesel and biomass; supporting the introduction of a carbon trading regime and sponsoring clean coal technology research.

He said while Verve Energy welcomed the competition of the electricity market and the freedom to concentrate on getting its generation right, the first 12 months as a stand-alone electricity generation business had been challenging. While plant reliability was poor for the first eight months, Verve passed with flying colours during the summer, Mr Bowron said.

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