Pacific Blue (formerly Pacific Hydro) is an electricity generation and retailing company headquartered in Melbourne, Australia. The company was founded in 1992 and was soon floated on the Australian Securities Exchange, it was later bought by a consortium of industry superannuation funds and delisted. It is now owned by China's State Power Investment Corporation.[2]
| Industry | Electricity |
|---|---|
| Founded | 1992 |
| Headquarters | , Australia |
Area served | Australia |
Key people | Dominic Capomolla(CEO)[1] |
| Products | Electricity |
| Services | Electricity retailing |
| Parent | State Power Investment Corporation |
| Subsidiaries | Pacific Blue Australia |
| Website | www |
The company builds and operates renewable energy projects, initially hydro electricity on irrigation dams, before opening its first wind farm in 2010.[3] Pacific Blue develops hydro, wind, solar and geothermal power projects.
The company is also active in the carbon market in the production and trading of carbon credits from its run-of-river hydro projects registered under the Clean Development Mechanism of the Kyoto Protocol.
Pacific Blue is one of the pioneers of renewable energy development in Australia. Pacific Blue developed the first commercial wind farm in Victoria and today operates a high quality, diversified portfolio of wind, solar and hydro renewable assets in Australia, with a total generation capacity of over 660 MW and a significant pipeline of over 2 GW across the National Electricity Market (NEM).[4]
In 2012, Pacific Blue's retail arm began operations under the brand name Tango Energy, selling electricity and natural gas to consumers in Victoria.[5]
In April 2023, Tango Energy Pty Ltd was renamed Pacific Blue Retail Pty Ltd, providing energy products to customers under the Pacific Blue Retail and Tango Energy brands. Its certified carbon neutral products will be available through its Pacific Blue Retail brand.[6]
Power stations
editPower stations owned and operated by Pacific Blue include:
Wind
edit- Codrington Wind Farm
- Challicum Hills Wind Farm
- Clements Gap Wind Farm
- Crowlands Wind Farm
- Portland Wind Project
- Taralga Wind Farm
Water
edit- Eildon Pondage Power Station
- Lake Glenmaggie power station
- Ord River Hydro Power Station
- The Drop Hydro
- William Hovell Power Station, a hydro–electric power station in the Hume region of Victoria, Australia[7]
Solar
edit- Haughton Solar Farm
References
edit- ^ "Our Management". pacificblue.com.au. Retrieved 6 June 2023.
- ^ "China State Power Investment snaps up Pacific Hydro". Sydney Morning Herald. 16 December 2015. Retrieved 9 January 2016.
- ^ "Pacific Hydro welcomes Keyneton wind farm approval". businessspectator.com.au. 9 December 2013. Retrieved 17 February 2014.
- ^ "Re 2023 Transmission Expansion Options Report Consultation". Australian Energy Market Operator.
- ^ "Who we are | Tango Energy". www.tangoenergy.com.au. Retrieved 8 June 2023.
- ^ "Pacific Blue Retail". Climate Active.
- ^ "Victorian hydro plants". Projects: Operations. Pacific Blue. 2023. Retrieved 6 June 2023.