Business

Swanbank workers to stay until December

UNCERTAIN TIME: Swanbank Power Station workers at a past meeting to discuss the future of the plant.
UNCERTAIN TIME: Swanbank Power Station workers at a past meeting to discuss the future of the plant. File

SWANBANK power station workers have been thrown a lifeline until December as their jobs still face the axe.

About 20 Ipswich jobs were to be axed this week with 10 remaining on site as the gas-fired Swanbank E power station was put in cold storage.

A spokesman for Stanwell Corporation said an abundance of fuel had made the station profitable and the corporation decided to extend operations for a further two months before withdrawing Swanbank E.

The spokesman said there were no forced job losses with 20 staff already accepting voluntary redundancies, which would now come into effect on December 1.

In February, chief executive officer Richard Van Breda announced Stanwell would withdraw the 385 MW Swanbank E Power Station from service for up to three years. Stanwell will sell the gas into the market rather than use it to generate electricity at the power station.

Electrical Trades Union state organiser Jason Young said members were happy to receive extra cash before their jobs disappeared but the instability was not fair on workers.

"I would be surprised if they take (Swanbank E) out of storage after three years," Mr Young said.

"There's no reversal on the announcement made in February.

"The result whether it is now or December is jobs and history gone from Ipswich."

In February, Mr Van Breda cited subdued market conditions and increasing gas prices for the decision to withdraw the plant.

"Stanwell can earn more revenue from selling our gas rather than using it in electricity generation," he said at the time.

"Stanwell is a commercial entity, operating in a highly competitive electricity market, and we need to pursue strategies that deliver the best return for our shareholders; the people of Queensland."

With new gas projects in the north, an oversupply of gas has made the fuel more affordable for electricity generation.

Stanwell planned to replace electricity generation at Swanbank E by returning a generating unit at Tarong Power Station to service.

Stanwell withdrew two units at Tarong Power Station from service in October and December 2012 as a result of subdued wholesale electricity prices.

Topics:  electrical trades union, job losses, redundancies, stanwell corporation, swanbank power station




Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

'All I heard when my baby cried was ‘you’re a terrible mum'

APN Hey Mummy Feature for online - stock images of Katie Dykes. Photo Marc Stapelberg / The Northern Star

KATIE'S battle with PND is not unlike many mothers.

'I just thought all mums got no sleep'

MELTOPIA battled PND with all four of her children.

4 survival tips for mummas heading back to work

The few reminders every working mum needs to read.

Health and nutrition with kids - how do you balance it?

HOW important is health and nutrition in your household?

Smack or no smack - where do you stand?

THE debate is reignited - is smacking acceptable?

Technology and kids: Do you ever cut their wi-fi?

Check out our new video series featuring mums having a chat

Roar training adds to Joe’s NPL quality

Western Pride footballer Joe Duckworth.

Duckworth thrives on extra work

Attempted armed robbery at Ipswich store

Police generic, crime scene.  Photo Tessa Mapstone / South Burnett Times

Police called after alarm sounded at suburban Ipswich store

What's harder – being a mum, or full-time work?

Ipswich readers agreed that it was tough being a mum

Latest deals and offers

Arts and culture get a boost in council budget

HAPPY CAMPER: Council’s culture boss Cr Charlie Pisasale will be delighted $400,000 has been allocated for a business case investigation for IPAC.

IPAC at the forefront of councillor's agenda

Burnett Heads housing development approved

COUNCIL APPROVED: A Burnett Heads housing development has been approved by Bundaberg Regional Council. Photo Contributed

Councillors approved the development seven votes to four