New name in energy forges a new future

Grace Grace, the Minister for Education and Minister for Industrial Relations; Dr Anthony Lynham, the Energy Minister; Charles Rattray, Yurika’s Executive General Manager.

The Queensland business behind Australia’s biggest Virtual Power Plant has a new name that reflects its innovative approach to energy solutions.

Yurika has already made its mark by spearheading a range of high-profile projects across Queensland, including the Electric Super Highway from Cairns to Coolangatta, and supporting the rollout of digital meters across Australia.

CEO David Smales said Energy Queensland’s rebranded Energy Services division was set up to give customers greater choice and control, reduce their costs, and generate economic growth and jobs.

“Customers want energy to be affordable, reliable, sustainable and safe – Yurika is delivering innovative solutions that meet all of those needs and will serve the community well,” Mr Smales said.

Yurika’s Executive General Manager Charles Rattray said the business supported a wide range of customers, including mines, sugar mills, remote indigenous communities, public housing tenants and large-scale
solar farms.

“We’re playing an important role in the renewable economy by enabling solar farms and co-generation sugar mills to participate in the market and our Virtual Power Plant will open up even more opportunities,” he said.

Mr Rattray said local contractors were seizing the opportunity to be involved in projects across Queensland.
“By generating work and helping customers reduce their energy costs, we are making a positive contribution to the communities we serve and the state’s economy,” he said.

Yurika represents the ideal blend of fresh thinking and experience. It is providing customers with access to the new wave of technology and innovation, while supporting long-standing partners in the energy industry.

“For example, this year we have delivered on some major Powerlink contracts, overseeing the deconstruction and removal of transmission towers damaged by ex-Tropical Cyclone Debbie and the replacement of high-voltage transmission lines in North Queensland,” Mr Rattray said.

Yurika is an unregulated arm of the Energy Queensland group of companies, formed by the merger of the State Government-owned electricity distribution networks Ergon Energy and Energex.

Energy Queensland is Australia’s largest electricity distribution business, with assets of more than $24 billion.

Media enquiries: Senior Corporate Communications Advisor Emma Oliveri on 0457 566 079

Date published: 15 December 2017