Tag Archives: James Cullen

Pacific Energy to expand Saracen’s Carosue Dam dual-fuelled power station

Pacific Energy’s KPS subsidiary has signed contract variations for two power generation agreements with Saracen Mineral Holdings that will see the dual-fuelled power station at the Carosue Dam operation, in Western Australia, expanded at the same time as work is extended at the gold miner’s gas-fired power facility at the Thunderbox operation.

The Carosue Dam expansion will occur in two stages over the next 12 months, initially by 2 MW and subsequently by another 6 MW, to a total of 26 MW. The contract term will also be extended from January 2023 to August 2024, Pacific Energy said.

Carosue Dam will soon undergo a mill expansion from 2.4 Mt/y to 3.2 Mt/y with feed coming from both underground and open-pit mines.

The contract for the 17 MW gas fired power station at the Thunderbox site will be extended from November 2020 to August 2024, meanwhile.

Pacific Energy’s total contracted capacity now stands at 381 MW and the weighted average remaining contract duration is approximately four years, the company noted.

Pacific Energy’s Managing Director, James Cullen, said: “Saracen is a key and substantial customer for us, representing around 12% of build-own-operate revenues, so these awards are very material and important to us. We look forward to continuing the sound relationship that has been built over the years and completing the installations of additional capacity at Carosue Dam.”

Pacific Energy to power up Jaguar copper-zinc mine

Pacific Energy’s wholly-owned KPS subsidiary has secured a new contract to supply electricity to Round Oak Minerals’ Jaguar copper-zinc mine, in Western Australia.

The Jaguar mine, around 250 km north of Kalgoorlie, was first brought into production in 2007, with, Round Oak, through CopperChem, purchasing the mine, including the existing power station, in 2018. The operations consist of underground mines and processing facilities producing copper and zinc concentrates for export.

Under the new contract, KPS will acquire the existing 12.9 MW power station (10.5 MW gas and 2.4 MW diesel) from Round Oak for a price of A$2.5 million ($1.7 million) and immediately assume responsibility for operation of the power station. Within five months of acquiring the power station, KPS intends to complete a range of optimisation and enhancement work to improve fuel efficiency to an agreed target range, optimise control systems and reach agreed KPI’s for station reliability, it said.

The contract is expected to commence following settlement in August and will run for an initial term of four years, with Round Oak having an option to extend for a further term.

James Cullen, Managing Director of the power generation specialist, said: “We are grateful for the confidence that Round Oak has placed in KPS to take over full responsibility for power supply to the Jaguar site. The key driver for Round Oak awarding the contract to KPS was to realise operating efficiencies and the KPS team looks forward to showcasing its knowhow in gas and diesel fuelled technology to deliver on this.”