Renewable energy news
I’m reminded of my school days when our German teacher on the last day of term used to read us tales of Baron Münchhausen, who on one occasion jumped on his horse and rode off madly in all directions. There is so much going on, fully covered at RenewEconomy, so it is difficult to select the most significant. I’ll try a couple of themes, and include some AFR coverage, which is trying to keep business informed.
The South Australian tender for 100MW grid-scale storage has received 90 expressions of interest from 10 countries, demonstrating an established global industry. Continue reading Climate clippings 203
The Murdoch media continues to lay the blame on renewables, a notion specifically rejected by AEMO, leading to a Twitter battle between SA minister Tom Koutsantonis and The Australian’s Adelaide bureau chief, Michael Owen.
Continue reading Climate clippings 200
“Ten years of brutal, opportunistic politics has left this nation with no credible energy policy.”
The money quote from Jay Weatherill’s outburst was this:
“Josh Frydenberg was humiliated back in December. We were working with him to introduce an emissions intensity scheme. He knows that. It was well advanced. It was about to happen. Coal interests in the federal Coalition government basically cut him down before he even had a couple of hours explaining it.”
Continue reading What the biffo between Weatherill and Frydenberg really means
Just after we had heard about 100 MW batteries being installed in South Australia to keep the lights on, Malcolm Turnbull announced a giant ‘battery’ in the form of pumped hydro in an expansion of the Snowy hydro scheme.
“In one hour it could produce 20 times the 100MW per hour expected from the battery proposed by the South Australian government, but would deliver it constantly for almost a week, or 350,000 MWh over seven days.
Michelle Grattan reports that the media were dragged up to Talbingo in the Snowy Mountains for Thursday’s big Hydro announcement. But then his press conference couldn’t be beamed direct because there was no way of transmitting the signal.
Continue reading Snowy hydro 2.0: nation-building game-changer or giant red herring?
Malcolm Turnbull has now, for reasons best known to himself, elevated “energy crisis” to a “national security” issue. Ben Potter puts the situation well:
A decade of fighting over renewable energy, carbon prices and fossil fuels has left Australia with some of the world’s dirtiest and costliest energy – a bitter yield from historical abundance.
Three years ago, manufacturers began complaining they couldn’t get gas, and 18 months ago the South Australian grid started to wobble.
Now, electricity and gas prices across the eastern states are two to three times their levels only a couple of years ago.
Gas exporters overcommitted to foreign buyers; the federal government mismanaged renewable energy and the regulatory apparatus – and politicians responsible for it – are frozen in the headlights.
Continue reading Solutions to the energy crisis
The innovative LiquidPiston engine, mentioned by BilB, is targetting a global market worth $460 billion. It has a power to weight ratio more than ten times better than a regular engine:
The big bruiser on the left puts out 35 HP, the one on the right 40 HP. Continue reading Climate clippings 198
APRA warns company directors about personal liability on climate change. Politicians should also take note.
APRA, the Australian Prudential Regulation Authority, has warned company directors and other decision-makers that they may be held personally responsible for dumb investment decisions in relation to a transition to a low emissions economy. If a coal-fired power station with or without CCS becomes a stranded asset, whoever approved the funds could be in the gun.
So even if the government changes the legislation to allow CEFC to lend to new coal-powered electricity generators, responsibility still lies with the directors of the Clean Energy Finance Corporation (CEFC). Continue reading APRA warns company directors about personal liability on climate change
That’s according to Ross Gittens, drawing from Ross Garnaut.
Garnaut says that since his second review in 2011 there have been four big changes in the cost of renewable energy relative to the cost of energy from coal or gas. Continue reading Australia could be a renewable energy superpower
That is the title of an article by Jay Weatherill as we suffered the recent heatwave. He believes that electricity supply is a public good and should be in public hands. However, the article is really a plea to Malcolm Turnbull to keep an emissions intensity scheme (EIS) on the table.
Weatherill says that we do indeed have an impending crisis, with the planned closing of Hazelwood, and another nine coal-fired power stations closing across the country: Continue reading This toxic energy row must end
Start stopping now, is the short answer. No new coal mines, oil wells or gas fields, and start decommissioning existing ones now. “Managed decline” is the new imperative.
A new study released by Oil Change International, in partnership with 14 organizations from around the world, scientifically grounds the growing movement to keep carbon in the ground by revealing the need to stop all new fossil fuel infrastructure and industry expansion. It focuses on the potential carbon emissions from developed reserves – where the wells are already drilled, the pits dug, and the pipelines, processing facilities, railways, and export terminals constructed.
Continue reading Recalculating the climate maths
Frank Jotzo recently pointed out that if we are to meet our Paris commitments of keeping global temperature rise below 2C we will need to close about one coal-fired power station every year. I believe we have 24.
He was giving evidence to a Senate inquiry into the Retirement of coal fired power stations set up by the Greens and Labor, chaired by Larissa Waters and due to report on 29 March 2017. If you follow the links there is already an Interim Report and 133 submissions available for our perusal. Continue reading Closing down coal
1. China drives electric vehicles boom
An AFR article about investors piling into lithium and graphite mining stocks tells a tale. With our focus on Tesla we are missing the story of China.
Continue reading Climate clippings 193