BHP and Big Coal this week talked up coal as the solution to world’s energy poverty crisis, even its environmental problems. But they are only kidding themselves, and a few conservative governments.
Articles by Giles Parkinson
Giles Parkinson is a journalist of 30 years experience, a former Business Editor and Deputy Editor of the Financial Review, a columnist for The Bulletin magazine and The Australian, and the former editor of Climate Spectator.
ACT government looks to offer feed-in-tariffs for up to 23MW of waste-to-energy power plants as part of its 90% renewable energy plans.
Milne says utility business model is changing irrevocably, and rapidly, and the only hindrance are regulatory barriers. Even the US energy secretary agrees.
Garnaut delivers withering critique of Abbott’s climate policy, describing Green Paper as “shooting in the breeze”, and choice facing Senate as “Martian beauty contest.”
The ACT has announced plans for a 50MW precinct that will feature the latest solar technologies and storage options. Meanwhile, it will soon announce details of its major wind auction – the only bright light on the Australian landscape for 2014.
Dennis Jensen – the climate denier who wanted to be Abbott’s science minister – suggests retrenched car workers could build nuclear power plants instead.
German utility giant RWE reveals huge losses and admits it got its strategy wrong. It should have invested more in renewables, and it may be too late to catch up; the decline in fossil fuel generation is irreversible; and it will now focus on distributed energy and smart technologies.
Tasmania’s Liberal leader distinguishes himself from Australian conservatives by saying he will be an advocate for renewable energy.
IEA blows away some renewable energy myths held dear by Abbott government. Solar and wind add little, if anything to grid costs, they do not need new back-up capacity, and will deliver broader systems benefits.
Origin Energy confirms Darling Downs, a newly built baseload gas plant, to be converted to peaking plant in response to falling demand, rising gas prices.
Surging gas prices are forcing base load gas generators to be closed, and their value written down. One response might be to hedge against rising prices by boosting renewables. But Tony Abbott is more likely to find a way to jam gas into a revised “low emission” energy target.