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Ian Nethercote was the Chief Executive of Loy Yang Power from 1999 to June 2012. Loy Yang power, which owns and operates the 2100 megawatt Loy Yang A power station and the adjacent Loy Yang coal mine in the Latrobe Valley in Victoria, Australia, was taken over by AGL in mid 2012. Following the takeover, AGL issued a media release which stated that the role of chief executive had "come to an end" and that Nethercote would finish work on June 29. (The smaller Loy Yang B power station, which is owned by International Power Mitsui, is located several hundred metres to the west of the Loy Yang A power station).
A biographical note states that Nethercote "has been employed in the electricity industry since 1976 and has held a number of key strategic and line management positions within the industry. Prior to his appointment as Loy Yang Power Chief Executive in February 1999, he held the position of Director, Operations and Marketing."
"Ian has played a key role in the reform of the electricity industry and in the formulation and establishment of the competitive electricity market and associated rules. He plays a key role in contributing to the future direction of the industry through his active involvement and participation with the Energy Supply Association of Australia (esaa) and National Generators Forum. Ian is a member of various other industry and community groups," the biographical note states.
"Ian is a Fellow of the Institute of Engineers Australia (FIE. Aust, CPEng), a Fellow of the Australian Institute of Company Directors (FAICD) and a Fellow of the Australian Institute of Management (FAIM)," the biographical note states.
According to his biographical note, Nethercote is:
- Chairman of Loy Yang Marketing Management Company (LYMMCo);
- Director of the National Generators Forum Ltd. During 2010 Nethercote was the chairman of the forum.
- Director MTE Research Pty Ltd;
- Director Monash University Council
- Director of the Institute of Public Affairs;
- Member of the National Low Emissions Coal Council
- Member of the CSIRO Energy Futures Forum and the Energy and Transport Sector Advisory Council;
- Chairman of the Monash University Gippsland Advisory Council and an active member on a number of Monash University Committees.
He was also involved with Australian National Low Emissions Coal Research and Development (ANLEC R&D).
Articles and resources
- Lynda McRae, "Nethercote to leave LYP", Latrobe Valley Express, June 11, 2012.
- AGL, "Ian Nethercote to leave Loy Yang", Media Release, June 8, 2012.
- "Executive Management Team Profiles", Loy Yang Power website, accessed August 2011.
- Loy Yang Power, "Sustainability Report 2010", Loy Yang Power, September 2011, page 27.
- "Ian says goodbye to LYP", Loy Yang Report, Year 18, Issue 11, June 22, 2012.
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