of $120 million, and an interest bill of $250 million per annum, hence why they were in so much trouble.
The Loy Yang power plants in Victoria’s LaTrobe Valley. Alinta is planning to shut Loy Yang B in 2047.after captain Pat Cummins, a climate activist, said he would not feature in any promotional material for the company during the final year of the sponsorship deal. Alinta, for its part, says Cummins’ comments had no bearing on its decision to quit the sponsorship in 2023, adding it is developing a new strategy aimed at providing year-round – rather than seasonal – promotion opportunities.
Regularly in the spotlight in support for orderly closures of coal, Dimery is now the de facto embodiment of the perceived resistance from Australian energy generators to hasten the transition to renewables.Dimery insists the reputation isn’t fair, but acknowledges it is his willingness to speak publicly that attracts such a standing.
“But I’m the coal guy because I am the guy saying we need to be considerate about the transition, and when we turn these things off that we ensure energy prices don’t spike. Labels are labels and people who know me and work with me understand my passion for renewables. But it is the cost of speaking up.”
The commitment to renewables also runs in the family, with Dimery’s son now working for Alinta in developing The Spinifex Offshore Wind Farm after completing a masters in engineering. of the expedited transition, protect communities and support the investment required to replace coal.
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