- Joined
- 3 July 2009
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A new nail in the coffin, this is getting weird.Like I said a while back, none of the coal generators will want to be left holding the parcel , when the music stops.
Best to get out early and jump into the low hanging renewable space.
Power giant’s $10bn bet may hasten coal exit
EnergyAustralia plans to spend $10bn on renewables and storage over the next decade, a move which could accelerate the closure of its Mt Piper coal plant.
The early stuff is easy, it is when the surplus capacity is required, the going gets tough.?
It wont be long before the coal generators are forced to stay available, how they do that will be interesting.
Time will tell and they will be very interesting times.
Basic problem is that, since generation is a market, government can't intervene in the gas market without also intervening in the coal market.A new nail in the coffin, this is getting weird.
D'oh!Shortage of copper may hinder transition to renewable energy.
Some of the hurdles to a renewable energy future are obvious. This one isn't, but it could have a big impact
Analysts are concerned about the supply of copper, along with the actions being taken around the world to increase stocks.www.abc.net.au
Should that read you will get paid to for your nameplate output, whether it is needed or not? If so this is going to get expensive IMO.The Grand Plan emerges...
Renewables providers to be paid to ensure stable electricity supply
Renewable energy providers will be paid to ensure stable, reliable power supply in a scheme signed on to by the states ahead of worsening forecasts of price spikes and blackouts in the year ahead.www.abc.net.au
I wish we could make our own batteries. ?
Talking to an ex client of mine in Queensland who is in the solar industry. The markup on the hardware is absolutely astonishing. She is making 8-10 a week as a rep for residential installations ?
Considering the skills and knowledge I need for my job I now feel drastically underpaid, but the overarching point is that we are getting touched up for solar systems and batteries.
She did say that "WA is where solar companies goes to die".Yep long been the case depending on quality of panel and inverters having said that over 200 company's have gone broke or folded in WA so be careful of those cheap quotes against long term installers.
The stalling of the gas market came as Woodside CEO Meg O’Neill urged the federal government to rethink its proposed gas market intervention, warning the shock plan risks energy rationing and power shortages, and would cost investment and jobs.
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