Mr. Anthony George Bellas was Independent Non Executive Chairman of
the Board of ERM Power Ltd since October 21 2011.
Mr. Anthony George Bellas was Independent Non Executive Chairman of
the Board of ERM Power Ltd since October 21 2011. He brings almost
25 years of policy and operational experience in the energy industry
to the business.
Tony Bellas is also
the Chairman and Non-Executive Director of Shine Lawyers who work
both sides of the coal seam gas issue ... negotiating
land access and representing
02/06/2014 Queensland state-owned power generator Stanwell Corp. decided to mothball its largest natural
gas-fired electric power station in October for as long as 3 years.
The 385-Mw Swanbank E combined-cycle gas turbine station, near Ipswich about 40
km west of Brisbane, was commissioned just 12 years ago.
In its place, Stanwell
plans to recommission one of the 1980s-built coal-fired generators at the
1,400-Mw Tarong power station 200 km northwest of Brisbane, although the timing
of its return to service is not yet decided.
Stanwell will sell
the gas it would have used at Swanbank E back onto the market where it can earn
more revenue that using it in electricity generation, said Stanwell Chief
Executive Officer Richard van Breda.
The switch from gas to coal has come following subdued market conditions and
increasing gas prices in recent times.
Stanwell’s gas is supplied by British Gas, Santos, and Arrow from fields in the
Surat and Bowen basins.
It is the first time a gas-fired power generator will be shut down, but
observers in the gas industry predict it might be the first step in the substitution of gas by coal
in the eastern Australian power generation network.
the Department of Justice and
Electoral Reform Discussion Paper
ERM Power –
donated $17,700.00 in the last
financial year to the Liberal
National Party of Queensland.
Subsequently, their Chairman Tony
Bellas was appointed by the
Queensland State Government to an
Independent Review Panel to
“investigate the impact of
Queensland's electricity network on
prices and provide solutions for a
secure and cost-effective network”.
ERM Power have benefitted
financially from the State
Governments decision to commence
mothballing publicly owned
generation facilities; As a result
of the State having a lesser
generation capacity, in peak periods
the Government has been required to
purchase additional electricity from
private enterprise at a
significantly higher cost,
coincidently the main supplier from
the private sector has been ERM
Power through their Oakey Power
ETU concerned at 67% increase in
revenue for ERM Power
The fact that
Brisbane based private power company
ERM recorded a revenue growth of
67%* for the last financial year
while State – owned power generator
Stanwell mothballed two generation
units and slashed more than 120 jobs
has raised serious questions about
the rationale for public policy
decisions made by the LNP State
Government according to
Electronic, Energy, Information,
Postal, Plumbing and Allied Services
Union of Australia, Queensland and
Northern Territory Branch (“CEPU”).
Earlier this year
the CEPU raised concerns in respect
of the independence of the head of
the State Government’s so called
Independent Review Panel (IRP) into
the electricity industry Mr Tony
Bellas. Mr Bellas is a Director and
Non-Executive Chairman of ERM.
The CEPU is also concerned at the fact
that ERM also gave $16,500 to the
LNP on May 25 last year just five
days before the Newman Government
appointed Mr Bellas as IRP Chair
tasked with overseeing the Inter
Departmental Committee established
by the LNP Government to tackle
spiralling electricity prices.
This all occurred
just a few months prior to the 11
October 2012 decision to mothball
two units at Stanwell’s Tarong Power
Station, which resulted in the
removal of 750 MW of generating
capacity just prior to the summer
peaks in late December through to
the end of summer.
ERM owns Oakey
Power Station, a peak load power
station in Queensland that, appears
to have made a financial killing and
that was before the 22.6% consumer
increase came into effect on 1 July
perhaps, but the CEPU believes that
the public interest in accountable
and transparent government demands
that these issues be further
According to the
CEPU’s State Secretary Peter Simpson
there are some serious questions
that need answering and he again
called on whoever forms the next
Federal Government to implement a
Federal Inquiry into the ownership
structures and relationships between
privately owned peak load stations
and the State LNP Government.
The CEPU has
written to the Australian
Competition and Consumer Commission
(ACCC) and the Australian Energy
Regulator (AER) outlining its
concerns and requesting that both
regulators investigate these
concerns in the public interest.
“We had very
serious concerns about the Newman
Government’s decisions earlier this
year. These concerns have only
increased with this latest
revelation that ERM had a 67%
increase* in revenue while State
owned generating units were
mothballed at Stanwell.
of these units directly impacted on
power prices skyrocketing to $12,900
MW/h, far above the usual $50 MW/h.
All the while the State government
has been spruiking that it will sell
state owned generation assets, at
the right time”
“Let’s not forget
who has suffered from the
skyrocketing electricity prices -
it’s the poor mums and dads on the
street who are paying the 22.6%
increase. They need some answers and
they need them now before the next
peak period as we head into the
Authorised by P J
Simpson ETU Divisional Branch
Mr Simpson said “I believe the
Inquiry needs the following
What do private
power stations stand to gain from
the State Government decisions on
mothballing public generators?
relationship does the LNP have with
the private power stations?
is any connection between ERM’s
$16,500 donation to the LNP and
Newman Government’s decision in
respect of the electricity sector?
comments or interview contact;
(State Organiser) 0488 225 625 or
Andrew Irvine (Media Officer) 0448
*Based on figures contained in
Annual Report June 2013
increased their revenues from approx
$938m in 2012 to $1.57b in 2013
financial year based on national
volumes of 11.1 TWh of which
Queensland accounts for 4.6 TWh or
March 2012 – LNP Government
Elected. 25 May 2012 – ERM donate $16,500
to LNP (biggest donation and unusual
post-election timing) 30 May 2012 – Qld Govt appoints ERM Chair to Chair Independent
Review Panel described as
Independent Watch Dog tasked
with overseeing the Inter
Departmental Committee set up to
combat spiralling electricity
prices. 11 October 2012 – Decision to
mothball state owned generators at Tarong just prior to summer peak 29 October 2012 – Stanwell cuts
Unit 2 at Tarong 10 December 2012 – Stanwell cuts
Unit 4 at Tarong (combined removal
of 750 Megawatts of base load
generation capacity -
picked up by privately owned peaking
stations – including Oakey) January 2013 – electricity spot
prices in Qld
INTO ELECTORAL AND POLITICAL
Date received: 15/02/2008
Before the Government's planned
sale of the electricity
industry, Origin Energy donated
$75,000 and ERM Power $33,000.
Tony was previously CEO of the Seymour Group one of
Queensland's largest private investment and development companies.
Prior to joining the Seymour Group Tony held the position of CEO of
Ergon Energy a Queensland Government owned corporation involved in
electricity distribution and retailing. Before that he was CEO of CS
Energy also a Queensland Government owned corporation and the states
largest electricity generation company operating over 3 500 MW of
gas fired and coal fired plant at four locations.
Tony had a long career with Queensland Treasury achieving the
position of Deputy Under Treasurer. In 2000 as an Assistant Under
Treasurer he was responsible for the Industry and Energy Division of
Queensland Treasury and was heavily involved in formulating the
State Governments energy strategy.
Tony is a director of the listed companies shown below and is also a
director of Gasfields Water Management Pty Ltd Loch Explorations Pty
Ltd QIP Coal Pty Ltd West Bengal Resources Pty Ltd and the Endeavour
He is Chairman of the Nomination Committee and a member of the Audit
and Risk Committee the Remuneration Committee and the Health Safety
Environment and Sustainability Committee.