QLD writes down $1.1B of gas and coal assets

THE QUEENSLAND state government has written down a combined $1.1 billion worth of gas and coal generation assets across its fleet of power stations, as low electricity prices in the national electricity market hit profits.

QLD writes down $1.1B of gas and coal assets QLD writes down $1.1B of gas and coal assets QLD writes down $1.1B of gas and coal assets QLD writes down $1.1B of gas and coal assets QLD writes down $1.1B of gas and coal assets

The Queensland government owns energy generators CleanCo, CS Energy, and Stanwell. It also owns two energy transmitters, Powerlink and EnergyQueensland.