Project
Challenges
Tully Millstream Hydro Power Station featured 3 x 200MW Generator Sets with a total capacity of 600MW. The challenge was to evaluate the economic cost to produce electricity at the proposed $1 billion hydro power station compared to an alternative 720MW open cycle gas fired power station.
Goals & Objectives
Queensland Department of Environment’s Tully Millstream Hydro Power Station goal was to determine the economic and technical viability to operate an open cycle gas fired power station.
This includes a review of the carbon emissions from the Tully Millstream Hydro Power Station versus an open cycle gas fired power station.
Identify, evaluate and build the business case for proposed power generation initiatives.
Prepare a draft Carbon Mitigation Plan
Solutions
Service provided
Power Generation Modelling
Carbon and Energy Modelling
Techno-Economic Modelling to establish and compare Business Cases
Project Management
Measurement and Verification of Energy Saving
Results and Benefits
Financial Results
15% IRR
Capital Investment $700M
Annual Gross Revenue $210M
75% COGS
Technologies applied
Power Generation
Meter Technology
Online Electricity Dashboard
ESG Impact
630,000 ton CO2 savings
140 jobs created
Project Location
Tully QLD, Australia