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Tuesday, October 24, 2017
Blog
Australian household electricity prices may be 25% higher than official reports Bruce Mountain, Victoria University The International Energy Agency (IEA) may be underestimating Australian household energy bills by 25% because of a lack of accurate data from the federal government. The Paris-based IEA produces official quarterly energy statistics for the 30 member nations of the Organisation for Economic Cooperation and Development (OECD),...
Energy prices are high because consumers are paying for useless, profit-boosting infrastructure Bruce Mountain, Victoria University The preliminary report on energy prices released last week by the Australian Competition and Consumer Commission (ACCC) suggests that the consumer watchdog is concerned about almost every aspect of Australia’s electricity industry. It quotes customer groups who say electricity is the biggest issue in their...
Fixing NBN requires tougher rules and stronger watchdog, parliamentary report finds By James Oaten A federal parliamentary report has called for an overhaul of how NBN Co is policed, citing regular concerns about the performance of the National Broadband Network and compensation for customers. Key points: • The report warns a tougher approach is needed to ensure NBN Co meets minimum performance standards •...
Australia's largest pumped hydro storage project has taken a step forward, increasing its storage potential to 2000 megawatts hours. Genex Power has completed a technical feasibility study into stage 2 of its Kidston project, slashing construction time and changing its design to increase operational capacity to eight hours of 2000 megawatt hours of continuous generationThe pumped hydro storage project will...
Like it or not, you're getting the NBN, so what are your rights when buying internet services? Jeannie Marie Paterson, University of Melbourne Complaints about the national broadband network (NBN), involving connection delays, unusable internet or landlines and slow internet speed are on the rise. Read more: When it comes to the NBN, we keep having the same conversations over and over Most...
Will the National Energy Guarantee hit pause on renewables? Frank Jotzo, Australian National University and Salim Mazouz, Australian National University The federal government’s new National Energy Guarantee (NEG) proposal looks likely to put the brakes on renewable energy investment in Australia. And based on the sparse detail so far available, there are serious questions about whether the plan really can deliver...
Earlier this week the government, on the Electricity Security Board's advice, decided a policy that will substantially tear up our electricity market. AEMO CEO Audrey Zibelman, Energy Security Board chair Kerry Schott, Energy Minister Josh Frydenberg, Prime Minister Malcolm Turnbull, AEMC chair John Pierce and AER chair Paula Conboy at a press conference on energy issues on Tuesday. Alex Ellinghausen In...
Australia's $1 billion loan to Adani is ripe for a High Court challenge Brendan Gogarty, University of Tasmania Indian mining giant Adani’s proposal to build Australia’s largest coal mine in Queensland’s Galilee Basin has been the source of sharp national controversy, because of its potential economic, health, environmental and cultural risks. These concerns were amplified this week when India’s former environment minister...
Adani gives itself the green light, but that doesn't change the economics of coal Is it nearly the end of the road for coal? Samantha Hepburn, Deakin University Indian mining firm Adani yesterday announced that its board had approved plans to proceed with the controversial Carmichael coal mine in Queensland’s Galilee Basin. But it is still far from clear whether Adani has actually...
Why are we still pursuing the Adani Carmichael mine? Michael West, University of Sydney Why, if Adani’s gigantic Carmichael coal project is so on-the-nose for the banks and so environmentally destructive, are the federal and Queensland governments so avid in their support of it? Once again the absurdity of building the world’s biggest new thermal coal mine was put in stark relief...