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Climate Change

Verve Energy is ready to play its part in the State or national strategy to improve environmental performance in WA.

While climate change is a global problem that ultimately needs a global solution, Verve Energy sees the introduction of a local or national solution as beneficial.

While Verve Energy will continue to rely heavily on fossil fuels to meet the demand by Western Australians for electricity in the foreseeable future, we will do more to reduce our impact on the environment.  

Verve Energy will:

  • Continue to pursue and introduce appropriate technologies such as wind, wind-diesel, biofuels and biomass; and close old inefficient plant (such as Muja Power Station Stages A/B).   For example, we will seek expressions of interest in a commercial-sized integrated wood processing plant to produce electricity, activated carbon and eucalyptus oil from plantation mallee trees.
  • Support the introduction of a carbon trading regime that effectively caps emissions and allows for the trading in emission rights – cap and trade.

Carbon trading has been talked about for some time; and Verve Energy has participated in those discussions at State and national level through groups such as the Energy Supply Association of Australia (esaa), National Generators Forum (NGF), Chamber of Commerce and Industry.

This regime needs to be applied equitably to all generators.    One regime is preferable to multiple regimes.

A phased-in program also will allow new technologies to be tested rigorously for their commercial introduction and strategies to be prepared to lower emission levels.

  • Pursue and support clean coal technology research.
  • Support the introduction of price signals that encourage energy efficiency.

National or State strategies are an opportunity for Verve Energy to continue to lead the way and make incremental changes and improvements to our performance eg closing older less efficient coal-fired generating plant; existing and proposed renewable energy projects; improving the efficiency of existing coal and gas-fired generating plant.

Released: February 2007