EnergyAustralia

This article is about the company known as EnergyAustralia since 2012 and previously named TRUenergy. For the former state government enterprise named EnergyAustralia prior to 2011, see EnergyAustralia (state government enterprise).
Not to be confused with Engie Australia.

EnergyAustralia
Company typeSubsidiary
IndustryEnergy
Founded1995; 29 years ago (1995)
Headquarters
Melbourne, Victoria
,
Australia
Key people
Mark Collette (MD)
ServicesElectricity and natural gas retail, solar and batteries
ParentCLP Group
Websitewww.energyaustralia.com.au

EnergyAustralia (formerly TRUenergy) is an electricity generation, electricity and gas retailing private company in Australia.[1] It is one of the "big three" retailers in the National Electricity Market.[2] It generates electricity primarily using coal fired generation, at the Yallourn Power Station in Victoria, and the Mount Piper Power Station in New South Wales.[2] 10% of its generation is from wind power, 32% from gas, and 58% from coal.[3] It is Australia's second biggest emitter of greenhouse gases, after AGL Energy.[4] As a loss making company in 2023, its parent in Hong Kong, CLP Group, has stated that it is looking for partners for renewable energy investment, however as of this time, there were no plans to build new renewable energy itself.[5][6]

It has committed to closing Yallourn Power Station in 2028,[7] but plans to keep Mount Piper Power Station running until 2040.[8]

Over 400,000 customers have opted in to EnergyAustralia's "carbon neutral" product, offered at no additional cost, however this product has led to legal accusations of "greenwashing".[9][10][11]

  1. ^ McIlwraith, Ian (16 April 2012). "TRUenergy burns midnight oil on rebrand". The Sydney Morning Herald. Retrieved 15 February 2019.
  2. ^ a b "State of the Energy Market 2022" (PDF).
  3. ^ "EnergyAustralia factsheet" (PDF).
  4. ^ "2021-22 published data highlights". www.cleanenergyregulator.gov.au. Retrieved 3 September 2023.
  5. ^ "Climate Transition Action Plan" (PDF).
  6. ^ "EnergyAustralia ASX results: Company posts first-half loss, continues hunt for partner". 7 August 2023. Archived from the original on 7 August 2023. Retrieved 12 September 2023.
  7. ^ Cite error: The named reference :6 was invoked but never defined (see the help page).
  8. ^ Foley, Nick Toscano, Mike (23 September 2021). "EnergyAustralia to close NSW coal power plant early". The Age. Retrieved 3 September 2023.{{cite web}}: CS1 maint: multiple names: authors list (link)
  9. ^ "Go Neutral". EnergyAustralia. Retrieved 3 September 2023.
  10. ^ Cite error: The named reference :2 was invoked but never defined (see the help page).
  11. ^ Cite error: The named reference :4 was invoked but never defined (see the help page).