The Yallourn Power Station, now owned by EnergyAustralia a wholly owned subsidiary of the Hong-Kong–based CLP Group, is located in the Latrobe Valley of Victoria, Australia, beside the Latrobe River. Yallourn PS was a complex of six brown coal–fired thermal power stations built progressively from the 1920s to the 1960s; all except one have now been decommissioned. Today, only the 1,450 megawatts Yallourn W plant remains. It is the second largest power station in Victoria, supplying 22% of Victoria's electricity and 8% of the National Electricity Market.