- Joined
- 14 February 2005
- Posts
- 15,377
- Reactions
- 17,769
Begs the question of having your battery storage also go to waste, does it not? So if renewables are not incentivised, why add the significant extra expense of a battery?Having your generation go to waste is pretty good incentive unless you've managed to get someone else to pay for it even when it's not physically delivered.
We all know there is a big problem ahead this summer, let alone in the next 5-10 years.
The private sector needs policy clarity if it is going to invest the billions necessary to meet the looming demand gap, and 2019 has been more of the same inaction.
What I find hard to reconcile, is we have all the answers, yet those that oversee the economy and the electrical grid don't.
We are such a wasted resource.
A very simple first step is putting a price on carbon.Interesting observation SP. I'm certain Smurf and his peers are up to their neck in advice to governments on what needs to be done to deal with creating a 21st century power supply that is fit for purpose.
What I find hard to reconcile, is we have all the answers, yet those that oversee the economy and the electrical grid don't.
We are such a wasted resource.
Where the problem arises is best explained by a practical example. Consider AGL's planned LNG import terminal in Victoria. Putting asside the CO2 issue and just looking at the business side the problem is immediately apparent:
I generally don't like the words "boom" and "gas" in the same sentence but that's what it's looking like with 5 separate proposals now - two in NSW, two in Vic and one in SA.Its really hard to believe we are going to import gas
As has been proven with the NBN, it was a waste of taxpayers money and was a perfect example of politicians playing in something they had no expertise in. The whole thing was an ego trip brain fart.Interesting observation SP. I'm certain Smurf and his peers are up to their neck in advice to governments on what needs to be done to deal with creating a 21st century power supply that is fit for purpose.
The fact that this government steadfastly refuses to recognize that advice and insists on taking a path over a cliff is, IMO, criminally negligent.
The destruction of the original NBN proposals also springs to mind.
In the context of energy, the numbers themselves tell the story and it's nothing more than high school level maths beyond that point.
Where the problem arises is best explained by a practical example. Consider AGL's planned LNG import terminal in Victoria. Putting asside the CO2 issue and just looking at the business side the problem is immediately apparent:
*AGL plans to be an LNG importer and major supplier of gas into the Victorian gas system.
*The largest gas-fired power station in Victoria is owned by Origin Energy.
*The second and third largest gas-fired power stations in Victoria are both owned by Energy Australia.
*The fourth and fifth largest gas-fired power stations in Victoria are owned by Snowy Hydro, one of them sitting right next to another facility owned by AGL.
*All gas in Tasmania is sourced from Victoria so what happens there is also relevant. AGL however have nothing at all to do with gas in Tasmania, at least not once it leaves Victoria.
Now AGL can no doubt work out how much gas they're going to sell to homes and small business and they can get a pretty good estimate of the overall market there and what others will sell too, noting that others may in practice be retailing gas which AGL physically supplies.
It would however be really helpful to know what Origin, Energy Australia and Snowy were going to do with power generation given they have the potential to use huge amounts of gas, more than AGL proposes to import, or alternatively could use none at all.
The obvious solution would be to engage them in some planning and work it out. Trouble is that'll probably end up with someone in jail, perhaps literally, on the basis of collusion and dividing up the market and so on. There's also the problem that the others themselves probably don't know and would say something about government policies and uncertainty.
Now to be clear I'm not suggesting that AGL have done anything wrong or that they don't have skilled people able to come up with proper business plans and so on but it's an example of the barriers placed in the way due to an excessive focus on economic ideology. What could be a "get all the data and work it out precisely" exercise becomes a "make some assumptions and do some modelling" exercise which will never be as accurate.
The problem there is that if they build it too big then AGL's shareholders will justifiably be unhappy that the company spent more than it needed to spend on what ended up as an under-utilised facility. If they build it too small they'll find themselves in the cross hairs of government looking for someone to blame for a gas shortage. Heads you win, tails I lose.
Now realise that the same basic concept gets in the way of everything relating to all this. Things which seem so incredibly simple to a technically focused person are obstructed by rules and regulations driven by anything from economics to pure politics.
Now add in that all too often the government simply doesn't like the rational outcomes and there's another problem.
There's no particular brilliance or special abilities required to work this stuff out really. The data's ultimately in the public domain and we're talking addition and subtraction not anything complex mathematically. What is difficult though is having to guess what others will do, and knowing that that in itself is a product of politics which is anyone's guess really.
AGL wouldn't have announced closure of Torrens Island A (power station) for shutdown in 2017 if they'd known at the time that Alinta were going to shut Northern. Alinta wouldn't have shut northern at the time if they'd known that Engie were going to shut Hazelwood. Etc.
If we're going to get this right then it's not rocket science as such, just commonsense and planning really. Trouble is, planning is precisely what government hasn't wanted anyone to be doing.
In the context of energy, the numbers themselves tell the story and it's nothing more than high school level maths beyond that point.
Where the problem arises is best explained by a practical example. Consider AGL's planned LNG import terminal in Victoria. Putting asside the CO2 issue and just looking at the business side the problem is immediately apparent:
*AGL plans to be an LNG importer and major supplier of gas into the Victorian gas system.
*The largest gas-fired power station in Victoria is owned by Origin Energy.
*The second and third largest gas-fired power stations in Victoria are both owned by Energy Australia.
*The fourth and fifth largest gas-fired power stations in Victoria are owned by Snowy Hydro, one of them sitting right next to another facility owned by AGL.
*All gas in Tasmania is sourced from Victoria so what happens there is also relevant. AGL however have nothing at all to do with gas in Tasmania, at least not once it leaves Victoria.
Now AGL can no doubt work out how much gas they're going to sell to homes and small business and they can get a pretty good estimate of the overall market there and what others will sell too, noting that others may in practice be retailing gas which AGL physically supplies.
It would however be really helpful to know what Origin, Energy Australia and Snowy were going to do with power generation given they have the potential to use huge amounts of gas, more than AGL proposes to import, or alternatively could use none at all.
The obvious solution would be to engage them in some planning and work it out. Trouble is that'll probably end up with someone in jail, perhaps literally, on the basis of collusion and dividing up the market and so on. There's also the problem that the others themselves probably don't know and would say something about government policies and uncertainty.
Now to be clear I'm not suggesting that AGL have done anything wrong or that they don't have skilled people able to come up with proper business plans and so on but it's an example of the barriers placed in the way due to an excessive focus on economic ideology. What could be a "get all the data and work it out precisely" exercise becomes a "make some assumptions and do some modelling" exercise which will never be as accurate.
The problem there is that if they build it too big then AGL's shareholders will justifiably be unhappy that the company spent more than it needed to spend on what ended up as an under-utilised facility. If they build it too small they'll find themselves in the cross hairs of government looking for someone to blame for a gas shortage. Heads you win, tails I lose.
Now realise that the same basic concept gets in the way of everything relating to all this. Things which seem so incredibly simple to a technically focused person are obstructed by rules and regulations driven by anything from economics to pure politics.
Now add in that all too often the government simply doesn't like the rational outcomes and there's another problem.
There's no particular brilliance or special abilities required to work this stuff out really. The data's ultimately in the public domain and we're talking addition and subtraction not anything complex mathematically. What is difficult though is having to guess what others will do, and knowing that that in itself is a product of politics which is anyone's guess really.
AGL wouldn't have announced closure of Torrens Island A (power station) for shutdown in 2017 if they'd known at the time that Alinta were going to shut Northern. Alinta wouldn't have shut northern at the time if they'd known that Engie were going to shut Hazelwood. Etc.
If we're going to get this right then it's not rocket science as such, just commonsense and planning really. Trouble is, planning is precisely what government hasn't wanted anyone to be doing.
Smurf, the real problem is the system was a State function, but with technology and the interconnect it in reality is becoming a Federal function and obviously it is a convoluted issue.
Where global heating is taking us.
Greenland ice cap melt measured by satellites — and it's enough to cover Tasmania in almost 5m of water
In late July, polar scientist Martin Stendel was sweltering at his desk in Copenhagen as Europe suffered its worst ever heatwave.
Key points:
Greenland's ice cap is melting, and that water is draining into the ocean, contributing to sea level rise
- In July this year, it's estimated more than 30 billion tonnes of ice melted in three days
- Australian scientists have been able to use NASA satellites to accurately weigh how much ice is melting
As temperatures climbed to more than 15 degrees Celsius above average, the meteorologist realised the record heat was about to hit the arctic.
"I looked at the forecast, and one could see that this heatwave, or this anomalous temperature, was on its way to Greenland," Dr Stendel said.
Greenland holds the second-largest reserves of fresh water on the planet, after Antarctica.
But year in, year out, the Greenland ice cap has been melting, and that water is draining into the ocean, contributing to sea level rise.
https://www.abc.net.au/news/2019-10...ers-weighed-by-australian-scientists/11630970
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?