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Nuclear industry finds new plants are not so cheap
The nuclear industry in the UK is reeling from reports of more cost blow-outs and delays. A leading analyst says the cost of new-build nuclear may end up being three to four times the current cost of energy in the UK and may be ‘impossible’ to finance. In the US, cost increases are causing similar concerns. -
Will AGL have to choose between green and brown gold?
A new report highlights the sensitivity of AGL’s proposed new asset, the Loy Yang A coal-fired generator, to weak wholesale electricity prices. So how will AGL position itself in the energy policy debate? Meanwhile, the company says it sells Hallett 5 wind farm in South Australia to Eurus Energy of Japan. -
Five things we learned about the budget and fossil fuels
Budget and renewables stuck in neutral; why Ferguson is talking down the value of coal-fired generators, AGL’s dream of exporting brown coal to the world; Loy Yang A reveals more on why generators are terrified of solar; and how some utilities are actually embracing a clean energy future. -
Carbon bubble? What carbon bubble?
Are investors finally taking notice of the threat of a carbon bubble – the valuation ascribed to listed equities for fossil fuel resources that remain in the ground, and may not be exploited in the transition to a low carbon economy? If there is a problem, the regulatory authorities are not letting on.
