Australian (ASX) Stock Market Forum

The future of energy generation and storage

This is a huge amount of coal generation.


And during that time:
Australia swapping a fossil fuel long term..aka centuries , unsustainability for immediate economic slavery.....
 
94.5GW

To put that into perspective:

Eraring = 2.88GW

Loy Yang A = 2.21GW
Loy Yang B = 1.17GW

Depending on whether one takes LY A and B to be one facility or two, either Eraring or Loy Yang is Australia's largest coal-fired power station.

For clarity there LY A and B are separate as such but they're right next to each other and both using coal that comes from the same mine up the same conveyors. An engineer sees them as separate since in that sense they are, but anyone looking at politics or macro economics would likely see them as one operation.

Eraring also has a 42MW gas turbine at the same site although that's operationally separate to the rest and is burning diesel not coal. This was added after the original construction and brings total site capacity to 2.922GW
 
94.5GW

To put that into perspective:

Eraring = 2.88GW

Loy Yang A = 2.21GW
Loy Yang B = 1.17GW

Depending on whether one takes LY A and B to be one facility or two, either Eraring or Loy Yang is Australia's largest coal-fired power station.

For clarity there LY A and B are separate as such but they're right next to each other and both using coal that comes from the same mine up the same conveyors. An engineer sees them as separate since in that sense they are, but anyone looking at politics or macro economics would likely see them as one operation.

Eraring also has a 42MW gas turbine at the same site although that's operationally separate to the rest and is burning diesel not coal. This was added after the original construction and brings total site capacity to 2.922GW
,yeap, 30 of these built just last year in China and India probably did better
 
Wow 8 months to build a mega factory.
At least our raw materials aren't going to waste, we get them back as batteries.


Meanwhile in Australia
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Today's afr..we do not even beed go see the end of the article
Saving the planet one bankruptcy at a time😂
 
What an original idea. Restrict gas exports to satisfy our own needs.

Instead of developing more gas, expert argues Australia should limit exports​


 
What an original idea. Restrict gas exports to satisfy our own needs.

Instead of developing more gas, expert argues Australia should limit exports​


The problem is, the Governments are so addicted to spending the money they earn from raw material exports, they can't reduce the dig and ship ideology.
It will only get worse as the demand for coal and our reluctance to mine it, starts to affect the export earnings, somethings got to give and even the plebs understand that.
 
They are falling unsurprisingly one after the others..saving the world..irony only..one bankruptcy at a time
Well we did say they would be running the ruler over a lot of processing industries, as to their viability, so this is just one of many announcements that will be made before 2030 IMO.
 
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