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The federal government has pelted Alcoa aluminum smelter in Portland with $ 76. 8 million lifelines to save thousands of jobs and keep Victoria’s energy supply secure.
In exchange for $ 19. For the next four years, 2 million a year in the smelter, which consumes one tenth of Victoria’s energy, will be shut down on days with high energy demands, releasing electricity for residential use.
Energy Secretary Angus Taylor says this will play an important role in the security of energy supplies in Victoria.
« It’s about propping up the Portland melt . . . but above all it is about supporting the power grid. « . Aluminum smelters in particular play a very important role in our electricity grid, ”he told Tony Jones, representing Neil Mitchell.
« On a very tough day when demand is particularly high, smelters can play a role in giving the system some of this performance back for a few hours. ”
The state government has yet to announce support for the melt, but Mr Taylor says he is « optimistic that they will play a role ». .
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Portland Aluminum Smelter, Alcoa, Government, Victoria, Energy, Angus Taylor
World News – AU – The federal government’s $ 76 million Alcoa lifeline to support Victoria’s electricity supply
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Ref: https://www.3aw.com.au
