Trevor St Baker
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Trevor St Baker
Trevor Charles St Baker is an Australian businessperson with interests in power station and fuel supply development. He is director of the St Baker Energy Trust and chair of Sunset Power International (trading as Delta Electricity). He is founder and deputy chair of ERM Power Limited. Career Early career St Baker worked in planning and leadership roles within New South Wales and Queensland GOC electricity utilities during the 1960s and 1970s. He worked on the establishment of Queensland's first power station planning department in 1971 and its first Energy Resources Division in 1975. The Division was responsible for deregulating power station fuel procurement in Queensland. Steaming coal developments were facilitated at Blackwater and Curragh and long-term coal procurement contracts were secured to supply power stations at Gladstone, Tarong, Callide B and Stanwell. ERM Power (1980–present) In 1980, St Baker entered the private sector, establishing several compa ...
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Vales Point Power Station
Vales Point Power Station is one of two operating coal fired power stations on the shores of Lake Macquarie, New South Wales. Vales Point is located on the southern shore of the lake, near the township of Mannering Park. It has two steam turbines, with a total generating capacity of 1,320 MW (1,770,000 hp) of electricity. Vales Point was the first major power station in New South Wales to be located near its fuel source (coal). In November 2015, the Government of New South Wales sold Delta Electricity, which at that time owned only the Vales Point Power Station, to Sunset Power International for $1 million. In 2017 it was valued at $732 million, and was estimated to make part-owner energy entrepreneur and former National Party candidate Trevor St Baker a half billionaire. However, in December 2021, the value of the plant was cut to $156 million and the annual profit was reduced 93% to $9.3 million. The owner blamed the COVID-19 pandemic for reducing demand and an influx of c ...
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Small Modular Reactor
Small modular reactors (SMRs) are a proposed class of nuclear fission reactors, smaller than conventional nuclear reactors, which can be built in one location (such as a factory), then shipped, commissioned, and operated at a separate site. The term SMR refers to the size, capacity and modular construction only, not to the reactor type and the nuclear process which is applied. Designs range from scaled down versions of existing designs to generation IV designs. Both thermal-neutron reactors and fast-neutron reactors have been proposed, along with molten salt and gas cooled reactor models. SMRs are typically anticipated to have an electrical power output of less than 300 MWe (electric) or less than 1000 MWth (thermal). Many SMR proposals rely on a manufacturing-centric model, requiring many deployments to secure economies of unit production large enough to achieve economic viability. Some SMR designs, typically those using Generation IV technologies, aim to secure additional ec ...
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Australian Financial Review
''The Australian Financial Review'' (abbreviated to the ''AFR'') is an Australian business-focused, compact daily newspaper covering the current business and economic affairs of Australia and the world. The newspaper is based in Sydney, New South Wales, Australia; owned by Nine Entertainment and has been published continuously since its founding in 1951. The ''AFR'', along with the rest of Fairfax Media (aside from some publications which were sold to Australian Community Media), was sold to Nine Entertainment for more than A$2.3 billion.Mergermarket - An Acuris company. (n.d''.). Fairfax Media Limited Nine Entertainment Co. Holdings Ltd Merger.'' Retrieved from www.mergermarket.com/Common/Mergermarket/Deals/DealDetails.aspx?dealsysid=933952&extern=19&id=239512&contextid=1018456074&zone=205¤cyCode=AUD The ''AFR'' is published in tabloid format six times a week, whilst providing 24/7 online coverage through its website. In November 2019, the ''AFR'' reached 2.647 million Au ...
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1,000,000,000
1,000,000,000 (one billion, short scale; one thousand million or one milliard, one yard, long scale) is the natural number following 999,999,999 and preceding 1,000,000,001. With a number, "billion" can be abbreviated as b, bil or bn. In standard form, it is written as 1 × 109. The metric prefix giga indicates 1,000,000,000 times the base unit. Its symbol is G. One billion years may be called an ''eon'' in astronomy or geology. Previously in British English (but not in American English), the word "billion" referred exclusively to a million millions (1,000,000,000,000). However, this is no longer common, and the word has been used to mean one thousand million (1,000,000,000) for several decades. The term ''milliard'' can also be used to refer to 1,000,000,000; whereas "milliard" is rarely used in English, variations on this name often appear in other languages. In the South Asian numbering system, it is known as 100 crore or 1 arab. 1,000,000,000 is also the cube of 1000 ...
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Financial Review Rich List 2020
The ''Financial Review'' Rich List 2020 is the 37th annual survey of the 200 wealthiest people resident in Australia, published by ''The Australian Financial Review'' in ''The Australian Financial Review Magazine'' on 30 October 2020. The net worth of the wealthiest individual, Gina Rinehart, was 28.89 billion; while the net worth of the 200th wealthiest individual, Nigel Satterley, was 540 million; up from 472 million for the 200th individual in 2019. The combined wealth of the 200 individuals was calculated as 424 bn, an increase of 72 bn on the previous year; compared with a combined wealth of 6.4 bn in 1984 when the ''BRW'' Rich 200 commenced. The list included nineteen debutants, including three of Rinehart's children. Rinehart held the mantle of Australia's wealthiest individual between 2011 and 2015; peaking in 2012, when her net worth was assessed at 29.17 bn. From 2017 to 2019, Anthony Pratt was Australia's wealthiest individual, ra ...
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Net Worth
Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net worth can also be conveniently expressed as non-financial assets plus net financial assets. It can apply to companies, individuals, governments or economic sectors such as the sector of financial corporations or to entire countries. By entity Calculation Net worth is a combination of financial assets and liabilities. The financial assets that contribute to net worth are homes, vehicles, various types of bank accounts, money market accounts, and stocks and bonds. The liabilities are financial obligations such as loans, mortgage, accounts payable (AP) that deplete resources. Companies Net worth in business is also referred to as equity. It is generally based on the value of all assets and liabilities at the carrying value which is the ...
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The Australian Financial Review
''The Australian Financial Review'' (abbreviated to the ''AFR'') is an Australian business-focused, compact daily newspaper covering the current business and economic affairs of Australia and the world. The newspaper is based in Sydney, New South Wales, Australia; owned by Nine Entertainment and has been published continuously since its founding in 1951. The ''AFR'', along with the rest of Fairfax Media (aside from some publications which were sold to Australian Community Media), was sold to Nine Entertainment for more than A$2.3 billion.Mergermarket - An Acuris company. (n.d''.). Fairfax Media Limited Nine Entertainment Co. Holdings Ltd Merger.'' Retrieved from www.mergermarket.com/Common/Mergermarket/Deals/DealDetails.aspx?dealsysid=933952&extern=19&id=239512&contextid=1018456074&zone=205¤cyCode=AUD The ''AFR'' is published in tabloid format six times a week, whilst providing 24/7 online coverage through its website. In November 2019, the ''AFR'' reached 2.647 million Au ...
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Officer Of The Order Of Australia
The Order of Australia is an honour that recognises Australian citizens and other persons for outstanding achievement and service. It was established on 14 February 1975 by Elizabeth II, Queen of Australia, on the advice of the Australian Government. Before the establishment of the order, Australian citizens received British honours. The Monarch of Australia is sovereign head of the order, while the Governor-General of Australia is the principal companion/dame/knight (as relevant at the time) and chancellor of the order. The governor-general's official secretary, Paul Singer (appointed August 2018), is secretary of the order. Appointments are made by the governor-general on behalf of the Monarch of Australia, based on recommendations made by the Council of the Order of Australia. Recent knighthoods and damehoods were recommended to the governor-general by the Prime Minister of Australia. Levels of membership The order is divided into a general and a military division. ...
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Brisbane
Brisbane ( ) is the capital and most populous city of the states and territories of Australia, Australian state of Queensland, and the list of cities in Australia by population, third-most populous city in Australia and Oceania, with a population of approximately 2.6 million. Brisbane lies at the centre of the South East Queensland metropolitan region, which encompasses a population of around 3.8 million. The Brisbane central business district is situated within a peninsula of the Brisbane River about from its mouth at Moreton Bay, a bay of the Coral Sea. Brisbane is located in the hilly floodplain of the Brisbane River Valley between Moreton Bay and the Taylor Range, Taylor and D'Aguilar Range, D'Aguilar mountain ranges. It sprawls across several local government in Australia, local government areas, most centrally the City of Brisbane, Australia's most populous local government area. The demonym of Brisbane is ''Brisbanite''. The Traditional Owners of the Brisbane a ...
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St Lucia, Queensland
St Lucia is a riverside suburb in the City of Brisbane, Queensland, Australia. In the St Lucia had a population of 12,574 people. The University of Queensland is the main attraction of St Lucia, with the university, and residential colleges covering a large proportion of the suburb. St Lucia is home to a diverse range of people and families. Typically, the student population of St Lucia is high, especially in dwellings in the immediate vicinity of the university, but the suburb is also home to wealthy professionals and families. Geography St Lucia is located by road southwest of the Brisbane GPO. The suburb sits on a peninsula, bounded on the north, east and south by the median in a bend of the Brisbane River. The eastern third of the suburb is occupied by the main campus of the University of Queensland. The flatter area on the northern side is primarily medium to high density residential including some high-rise apartments on the river-front. The more hilly area in the centre ...
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Hazelwood Power Station
The Hazelwood Power Station is a decommissioned brown coal-fuelled thermal power station located in the Latrobe Valley of Victoria, Australia. Built between 1964 and 1971, the 1,600-megawatt-capacity power station was made up of eight 200MW units, and supplied up to 25% of Victoria's base load electricity and more than 5% of Australia's total electricity demand. It was a 'subcritical' pulverized coal-fired boiler. The station was listed as the least carbon efficient power station in the OECD in a 2005 report by WWF Australia, making it one of the most polluting power stations in the world. At 1.56 tonnes of CO2 for each megawatt hour of electricity, it was 50% more polluting than the average black coal power station in New South Wales or Queensland. Hazelwood emitted 14% of Victoria's annual greenhouse gas emissions and 3% of Australia's greenhouse gas emissions. International Power plc purchased Hazelwood Power Station and the adjoining mine from the Victorian Government in 1 ...
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Northern Power Station (South Australia)
Northern Power Station was located at Port Paterson in the Australian state of South Australia about south of the city centre of Port Augusta. It was coal powered with two 260 MW steam turbines that generated a total of 520 MW of electricity. It was operated and maintained by Alinta Energy and was commissioned in 1985. Northern received coal by rail from the Leigh Creek Coal Mine, 280 km to the north. The plant ceased electricity production in May 2016 and decommissioned and demolished over the following few years. Emissions Air Carbon Monitoring for Action estimated that this power station emitted 3.62 million tonnes of greenhouse gases each year as a result of burning coal. Other air-borne emissions were reported annually to the National Pollution Inventory. As of 2012-13, from greatest to smallest quantity, airborne emissions included: sulfur dioxide, oxides of nitrogen, hydrochloric acid, particulate matter, carbon monoxide, volatile organic compounds, mangane ...
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