CS Energy was established in 1997 under the Government Owned Corporations Act 1993 (Qld). At the time, our portfolio included the Callide and Swanbank power stations, and soon after we acquired Mica Creek Power Station at Mt Isa.
We added to our portfolio in the early 2000s, constructing some of Queensland’s major power stations, including the supercritical Kogan Creek and Callide C sites, and the gas-fired Swanbank E.
In 2011, the Queensland Government’s Generator Restructure resulted in changes to CS Energy’s asset portfolio. Wivenhoe Power Station, undeveloped coal assets, and the Gladstone Interconnection and Power Pooling Agreement (IPPA) were transferred to our portfolio. The Swanbank E and Mica Creek power stations were transferred to Stanwell Corporation.
Over the past 20 years the way energy is delivered has changed. So have we.
Our people have a thirst for innovation, and together we’ve delivered our share of industry firsts.
We built Callide C, the first supercritical power station in Australia.
The construction of Kogan Creek Power Station set new benchmarks for scale and scope, and is the largest single generating unit in Australia.
And from 2012 to 2015 we were part of the ground-breaking Callide Oxyfuel Project, which was a world-first collaboration that successfully demonstrated carbon capture technology.
As the energy market shifts to a new generation mix we’re finding new ways of working outside of our physical assets.
In 2017 CS Energy embarked on an exciting new way to do business, entering into a 50/50 joint venture with retailer Alinta Energy. Alinta was the first retailer in Queensland to offer new customers a 28 percent discount, successfully pushing power prices down for people and business.
Wivenhoe Power Station will be transferred to the foundation portfolio of the Queensland Government's new generator 'CleanCo' when it commences trading on 31 October 2019. CleanCo's other assets will include Stanwell Corporation's three hydro stations Barron Gorge, Kareeya and Koombooloomba, and the gas-fired Swanbank E Power Station.
CS Energy will continue to push the boundaries of innovation and explore new partnerships as we deliver energy today, and power your tomorrow.