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- 14 February 2005
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Agreed that Australia should be more of a leader with alternative energy technologies.
We were leaders in hydro for years (still are via consulting).
We were leaders in brown coal until the 1980's.
Geothermal is where the new potential for technical leadership exists IMO. Solar too though geothermal has the greatest potential in my view.
Trouble is we're absolutely lacking the vision that made the hydro and brown coal industries happen. Both were done not as simply a means of keeping the lights on but as the basis of a much larger economic strategy. Indeed hydro was Tasmania's only real economic strategy for half a century, a situation that differed in Victoria only due to Melbourne's role as a service centre and the Bass Strait oil fields.
What's stopping us now is the focus on competition and short term costs. Nobody's going to invest in some uncertain capital-intensive project in that environment. Indeed most won't even invest in capital-intensive proven technology that is economically competitive. Everything comes down to capital and especially risk minimisation - they want plants that can literally be packed up and sold, not R&D or something that is fixed in place. Hence all those gas turbines that are cheap to build, expensive to run but able to be relocated without too much fuss.
We were leaders in hydro for years (still are via consulting).
We were leaders in brown coal until the 1980's.
Geothermal is where the new potential for technical leadership exists IMO. Solar too though geothermal has the greatest potential in my view.
Trouble is we're absolutely lacking the vision that made the hydro and brown coal industries happen. Both were done not as simply a means of keeping the lights on but as the basis of a much larger economic strategy. Indeed hydro was Tasmania's only real economic strategy for half a century, a situation that differed in Victoria only due to Melbourne's role as a service centre and the Bass Strait oil fields.
What's stopping us now is the focus on competition and short term costs. Nobody's going to invest in some uncertain capital-intensive project in that environment. Indeed most won't even invest in capital-intensive proven technology that is economically competitive. Everything comes down to capital and especially risk minimisation - they want plants that can literally be packed up and sold, not R&D or something that is fixed in place. Hence all those gas turbines that are cheap to build, expensive to run but able to be relocated without too much fuss.