The Loy Yang Power Station is a brown coal- fired thermal power station located on the outskirts of the city of Traralgon, in south-eastern Victoria, Australia. It consists of two sections, known as Loy Yang A (4 units) and Loy Yang B (2 units). Both Loy Yang A and B are supplied by the Loy Yang brown coal mine. The Loy Yang power stations are located in the brown coal rich Latrobe Valley, along with the Yallourn Power Station.

Loy Yang A has four generating units with a combined capacity of 2,210 MW, which have been completed between 1984 and 1988.