Aviva Corporation's Coolimba power station project in the Mid West has been shortlisted by Synergy for the 2009 energy supply procurement contract.
Aviva Corporation's Coolimba power station project in the Mid West has been shortlisted by Synergy for the 2009 energy supply procurement contract.
Aviva, which put forward its joint development proposal with global power company AES Corporation, says the project could operate as an almost zero emission power generator.
The short list includes five parties who intend to develop wind farms, as well as others offering gas turbines and coal generation.
Other companies to be shortlisted include ATCO Power Australia, Griffin Energy Development, Investec Bank (Australia), Pacific Hydro, RPV Development and Verve Energy.
Synergy managing director Jim Mitchell said the company was committed to meeting public expectations in relation to renewable energy, and meeting mandatory renewable energy targets.
"Synergy has been actively engaged in encouraging emergent renewable technologies, such as wave, geothermal and solar to market where they are commercially viable," he said.
Aviva's announcement is below:
Integrated energy developer Aviva Corporation Limited (ASX:AVA, BSE:AVIVA) is pleased to announce that its joint development proposal with global power company AES Corporation for the Coolimba Power Station Project has been short listed by WA Government owned retailer, Synergy in the 2009 Supply Procurement tender process for its future electricity needs.
Aviva and AES are jointly developing the 400MW Coolimba Power Station Project near Eneabba in the State's Mid West and today's announcement marks a major milestone in its commercial development.
Aviva Corporation CEO, Lindsay Reed congratulated Synergy on its initiative in running the 2009 procurement process with the aim of securing Western Australia's energy future.
"This forward looking process enables Aviva and AES to plan with certainty the development of the Coolimba Power Project to meet Synergy's and the State's power needs", Mr Reed said.
"The Coolimba Power Project is strategically positioned in the fast growing Mid West region which has enormous potential for economic development based on its vast mineral resources."
"Coolimba also offers fuel and geographic diversity which is essential for the State in ensuring secure future energy supplies", Mr Reed said.
"But one of the main attractions of the Coolimba Project is the opportunity it offers to become the State's first carbon capture ready power station, enabling it to operate in the future as an almost zero emission power generator".
