Stanwell Corporation is an electricity generation

Electricity generation

Electricity generation is the process of generating electric energy from other forms of energy.The fundamental principles of electricity generation were discovered during the 1820s and early 1830s by the British scientist Michael Faraday...

 company in Australia

Australia

Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...

. It is fully owned by the Queensland Government

Government of Queensland

The Government of Queensland is commonly known as the "Queensland Government".The form of the Government of Queensland is prescribed in its Constitution, which dates from 1859, although it has been amended many times since then...

, and has a portfolio of generating sites using thermal coal

Fossil fuel power plant

A fossil-fuel power station is a power station that burns fossil fuels such as coal, natural gas or petroleum to produce electricity. Central station fossil-fuel power plants are designed on a large scale for continuous operation...

, wind

Wind power

Wind power is the conversion of wind energy into a useful form of energy, such as using wind turbines to make electricity, windmills for mechanical power, windpumps for water pumping or drainage, or sails to propel ships....

, and hydroelectric

Hydroelectricity

Hydroelectricity is the term referring to electricity generated by hydropower; the production of electrical power through the use of the gravitational force of falling or flowing water. It is the most widely used form of renewable energy...

 power in Queensland

Queensland

Queensland is a state of Australia, occupying the north-eastern section of the mainland continent. It is bordered by the Northern Territory, South Australia and New South Wales to the west, south-west and south respectively. To the east, Queensland is bordered by the Coral Sea and Pacific Ocean...

.

The company employs 390 staff mostly in Queensland power stations, which together generate a total of 1,600 megawatts of electricity.

Stanwell is developing the ZeroGen project near Rockhampton

Rockhampton, Queensland

Rockhampton is a city and local government area in Queensland, Australia. The city lies on the Fitzroy River, approximately from the river mouth, and some north of the state capital, Brisbane....

 which seeks to become Australia's first zero-emission coal-fired power station

Coal-fired power station

A coal-fired power station produces electricity, usually for public consumption, by burning coal to boil water, producing steam which drives a steam turbine which turns an electrical generator...

. In 2007, the Environmental Protection Agency found that the plant emitted nitrogen oxide 98 times in the past five years at levels exceeding their permitted limit. The project was cancelled in 2010 because it was not economically viable. The ZeroGen company is expected to be sold.

Major assets

Major assets owned and operated by Stanwell include the Stanwell Power Station, Koombooloomba Hydro Power Station and Barron Gorge Hydroelectric Power Station. Windy Hill Wind Farm, Queensland

Windy Hill Wind Farm, Queensland

Windy Hill Wind Farm is a wind power station near Ravenshoe on the Atherton Tablelands, Queensland, Australia. Windy Hill has 20 wind turbines with a generating capacity of 12 MW of electricity, providing enough power for about 3,500 homes. The cost of the project was A$20 million...

 was once owned by Stanwell but was sold to Transfield Services

Transfield Services

Transfield Services Limited is an Australian publicly listed corporation providing operations and maintenance, asset management, project and capital management outsourcing and infrastructure development services to the resources and industrial, infrastructure services and property and facilities...

 in 2007. The company jointly operates the Emu Downs Wind Farm in Western Australia

Western Australia

Western Australia is a state of Australia, occupying the entire western third of the Australian continent. It is bounded by the Indian Ocean to the north and west, the Great Australian Bight and Indian Ocean to the south, the Northern Territory to the north-east and South Australia to the south-east...

.

Following a review by the Treasurer of Queensland

Treasurer of Queensland

The Treasurer of Queensland is the title held by the Cabinet minister who is responsible for the financial management of Queensland’s budget sector.-List of Queensland Treasurers:...

 of the state’s electricity sector in 2010, Tarong Energy

Tarong Energy

Tarong Energy is an electricity generation company in Australia. It was fully owned by the Queensland Government, and had a portfolio of generating sites using thermal coal and hydroelectric power in Queensland. Following a review by the Treasurer of Queensland of the state’s electricity sector in...

became a wholly owned subsidiary of Stanwell Corporation on 1 July 2011. The restructure was made to save costs.