Australian fuel cell company attracted by the German Energiewende

The ABC reports that ASX listed fuel cell company Ceramic Fuel Cells Limited (ASX – CFU) with origins as a CSIRO spinoff is headed to find its place in the sun as a part of Energiewende. – Germany’s renewable energy incentives and regulations attracting Australian companies – One of their products is BlueGen a gas [...]

BBC reports UK Electricity National Grid only has 4% spare capacity this winter

It is hard to believe electricity consumers have voted in Governments that have weakened such a vital national interest as the UK electricity grid. It is happening in Australia too and no doubt many western countries.

EU agrees on ludicrous 40% 2030 emissions reduction target

In the great tradition of countless IPCC climate conferences – at a time EU economies are in deep doldrums – while global temperature has not risen in 18 years – and at a time when Germany electricity generators are increasing coal use – and when France says it will cut back on electricity from nuclear [...]

Proposed Bango Wind Farm near Boorowa NSW – an example of five years of multiple regulatory hurdles

The Bango Wind Farm proposal initiated in 2009 extends from north of Yass to SE of Boorowa and is a classic example of the largely pointless but expensive red and green tape that Australian resource projects are strangled by. With the Federal Govt now reconsidering the Renewable Energy Target (RET scheme) that would have been [...]

Six members of the EU resist moves to 40% emissions cut by 2030

The Polish PM says “…she would block any move that would increase energy bills for Polish consumers.” Poland’s economy is heavily reliant on coal as an energy source. Poland’s largest opposition party Law and Justice (PiS) says it would support a veto by Prime Minister Kopacz on climate change in Brussels next week if the [...]

Six years of electricity price history at the coal-face in Canberra and statements by Minister Corbell

I was curious to chart the recent reduction in electricity costs due to the Carbon Tax being abolished. Funny that the reduction looks less than the increase in cost in mid 2012 when the Carbon Tax was introduced. While digging into this it was even funnier to find media from the ACT Minister Simon Corbell [...]

Where is the technology for this post carbon world that will leave our electricity grids still working 24/7 ?

I see Professor Ian Young – Vice-Chancellor of the Australian National University has this Canberra Times article – Time to move to a post-carbon world Baring nuclear – I can not see any of the current crop of renewables technologies taking over from fossil fuels to power our grids with anything like the “round the [...]

Australian National University divests itself of Australian resource companies

This news has been out a few days and has been discussed at Catallaxy. The seven companies are – Santos, Newcrest Mining, Iluka Resources, Sandfire Resources, Oil Search, Independence Group and Sirius. There are two main issues I see here – the divestment of the petroleum companies SANTOS and Oil Search can be justified for [...]

Evidence of Plunge Protection Team PPT or similar US Fed or US Govt activity supporting US Markets starting early Friday 3 Oct 2014 in New York – overnight in Australia

Against a background that the DOW looked a bit nervous after falling Wednesday 1 Oct – remembering the plunge in August see chart below – I am sure the PPT are not keen on Octobers – Dow looking toppy – Here is the overnight gold price in both AU$’s and US$’s At A just before [...]

“The Economist” could read what they said they day before

I was reading this 2012 article on India-China border disputes with useful map when I noticed their GraphicDetail section where they produce an interesting graphic every day. The entries for 22nd and 23rd of September caught my eye. On the 22nd GraphicDetail was bemoaning the health effect of emissions from coal fired power stations – [...]