Tarong Energy 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 was 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 had 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...

 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...

. 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 became a wholly owned subsidiary of Stanwell Corporation

Stanwell Corporation

Stanwell Corporation is an electricity generation company in Australia. It is fully owned by the Queensland Government, and has a portfolio of generating sites using thermal coal, wind, and hydroelectric power in Queensland....

 on 1 July 2011. The restructure was made to save costs.

The company supplies roughly one quarter of Queensland's electricity supply. Energy is sourced from Tarong Power Station, Tarong North Power Station and Wivenhoe Power Station in Queensland.

Tarong Power Station is the major employer in the South Burnett

South Burnett

The South Burnett is a peanut growing and wine-producing region on the Great Dividing Range, north of the Darling Downs, in Queensland.-Towns:...

 region. The company has been working on post-combustion emission capture technologies in an effort to reduce the impacts of climate change

Climate change

Climate change is a significant and lasting change in the statistical distribution of weather patterns over periods ranging from decades to millions of years. It may be a change in average weather conditions or the distribution of events around that average...

.