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Loy Yang B coal-fired power station, a 1,200-megawatt plant that supplies 20 per cent of power to the state of Victoria. Sembcorp says the plant's "flexible and low-cost baseload electricity will be required to support the integration of renewables into the grid."
The Singapore firm has said it would acquire the Chow Tai Fook Enterprises-owned coal, gas, wind and solar firm, but there are no plans to retire a 1,200-megawatt coal plant, arguing it needed to provide affordable and secure energy, even as Australia grows its renewables capacity.

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