NovaPower is an Australian company that has been established to provide lower-emissions power to support electricity transmission and distribution networks.
The Company owns and operates a 10MW gas-fired power plant in in Traralgon, Victoria, employing class technology to help network owners avoid or defer network investments and in turn reduce costs to electricity users.
NovaPower operates as a non-scheduled market generator in the National Electricity Market (NEM). As such, it is paid the prevailing electricity price in the NEM (determined for each half hour). NovaPower acquires its fuel (gas) from the Declared Wholesale Gas market (DWGM) operated by the Australian Energy Market Operator.
NovaPower’s gas-fired engines generate quick response electricity in peak periods, creating less carbon pollution than traditional generation.