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  • RWE to shut 7 power plants | Business Spectator
    Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu RWE to shut 7 power plants 10 Jan 11 42 AM Climate Energy markets Energy supplier to ditch UK plants in wake of EU climate policies requiring retrofits You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password Reuters Energy supplier RWE npower said on Thursday it would shun costly retrofits required by European Union pollution laws on seven of its power plants in Britain meaning they will close by the end of 2023 at the latest The EU wide Industrial Emissions Directive IED which will come into effect in 2016 imposes limits on emissions of climate harming gases tightening already existing legislation Power plant owners in Britain had to tell the government before the start of this year how they would comply with IED They can either fit technology to curb emissions or choose a limited life option for plants where it is not economical to retrofit That option would allow a plant to continue to operate without adding further technology for a total of 17 500 hours or to the end of December 2023 whichever is earlier The plant would then be closed down RWE npower part of Germany s RWE said it chose the limited life option for seven of its plants Aberthaw coal station two units at Didcot B gas plant Cheshire combined heat and power CHP plant Conoco Phillips CHP Grimsby CHP and Hythe CHP RWE npower can still change its mind about the plants but has to make a final decision by the end of 2015 We have thought long and hard about what is right for our business our power stations and our people Kevin Nix managing director of

    Original URL path: http://www.businessspectator.com.au/news/2014/1/10/energy-markets/rwe-shut-7-power-plants (2014-01-12)
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  • Aust. hits 2 million solar | Business Spectator
    micro hydro and small wind turbines The regulator said that small scale systems assisted by falling system costs and coupled with financial incentives derived from the Renewable Energy Target had become more and more affordable for everyday Australians This comes only eight months after reaching one million rooftop solar photovoltaic installations providing a strong indication that investment in small scale renewable energy continues to flourish in Australia the regulator said The regulator estimates the two million small scale installations have a capacity to generate or displace approximately 6882 gigawatt hours of electricity annually with 4182 gigawatt hours generated from small scale solar wind and hydro installations and a further 2700 gigawatt hours displaced by solar hot water systems and air source heat pumps This equates to the amount of electricity required to power approximately 1 04 million Australian homes for a year the CER said enough to power all Perth Hobart Darwin and Canberra households combined Print this page Related articles 13 Jan Hunt firm on RET 10 Jan Solar and wind competitive with fossil fuels Gov t economist 10 Jan PM takes aim at RET again 10 Jan Marking the milestones of 2013 08 Jan German minister delivers renewables check More from Business Spectator Technology Adapt or die Commercial The Future of Energy Family Business Alan Kohler s Family Business China China Spectator Please log in or register to post comments Comments on this article Comments Policy Peter Lang Thu 2014 01 09 12 01 It would be useful to know how many of the 1 161 245 solar photovoltaic systems are still operating what is the average capacity factor of the fleet that are still operating what was the average life of the fleet taking into account the failures and the ones that have since been removed or disconnected for whatever reason Jennifer Gow Thu 2014 01 09 13 21 We can t get real evidence of how much power is produced by rooftop PV systems in Australia because of the full output is not metered because of the lack of gross feedin tariffs So at best we have educated guesses based on the number of PV solar hot water systems and heat pumps installed As for the reliability of installed systems one small piece of anecdotal evidence I can offer is that our household has now had a rooftop solar PV system for 5 years and over that time it has operated flawlessly At the same time we installed a solar hot water system using evacuated tube collectors We had to have the controller replaced under warranty less than a year after the system was installed and had to replace the circulation pump last year Our neighbors have had a similar experience of reliability Their inverter had to be repaired under warranty but their solar hot water using a rooftop tank has had no problems With solar hot water there is a bit of a tradeoff Rooftop tank based flat panel systems are simple and very reliable

    Original URL path: http://www.businessspectator.com.au/news/2014/1/9/renewable-energy/aust-hits-2-million-solar (2014-01-12)
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  • Carbon markets to rise out of ashes | Business Spectator
    venture Jelly Enterprises But the just launched app will have to quickly shift into something of real value if it s to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Carbon markets to rise out of ashes 9 Jan 11 01 AM Climate Carbon markets EU to lead global carbon market recovery in 2014 BNEF You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password Reuters Efforts to curb supply in the EU Emissions Trading Scheme will raise European carbon prices by more than 50 per cent this year and boost the value of global emissions markets for the first time since 2011 analysts say The rise in prices in the EU home to the world s largest cap and trade scheme will help increase the value of all carbon markets worldwide to 46 billion euros 63 billion this year from 40 billion euros in 2013 BNEF said Carbon prices in markets worldwide have crashed in the past few years due to a chronic oversupply of permits fuelled by the global economic slowdown and a lack of political will to commit to reducing greenhouse gas emissions The EU backloading measure which aims to remove 900 million permits from the EU market between now and 2016 will drive European carbon permit prices up to an average 7 50 euros in 2014 Bloomberg New Energy Finance said on Wednesday That is well above the benchmark contract s current value of around 4 75 euros EU lawmakers want to withhold the permits until the end of the decade to help raise carbon prices back to levels that encourage investment in cleaner power and energy efficiency

    Original URL path: http://www.businessspectator.com.au/news/2014/1/9/carbon-markets/carbon-markets-rise-out-ashes (2014-01-12)
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  • Gas industry seeks Direct Action exemptions | Business Spectator
    Data Management Reviews Social Media Start ups Security Data Security Identity Management Wireless Security Telecommunication Latest stories Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Will Twitter s founder strike social gold twice Biz Stone is looking to tap into the selflessness of others with his latest venture Jelly Enterprises But the just launched app will have to quickly shift into something of real value if it s to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Gas industry seeks Direct Action exemptions 9 Jan 9 49 AM Climate Energy markets Policy Politics New LNG projects should be unaffected for first five years You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password By a staff reporter The gas industry wants the Coalition s Direct Action plan to exempt new projects valued at about 200 billion from compliance regulations related to baseline settings for the first five years The Australian Financial Review reports According to the newspaper in submissions to the Emissions Reduction Fund green paper players in the industry say that determining business as usual baseline settings for new projects should be delayed to as QGC stated allow for five years of steady state operation There is a real risk that such an approach imposing baselines on new projects would lead to arrangements which are unduly prescriptive or entail the bureaucracy second guessing business decisions industry body The Australian Industry Greenhouse Network said according to The AFR The Energy Networks Association

    Original URL path: http://www.businessspectator.com.au/news/2014/1/9/policy-politics/gas-industry-seeks-direct-action-exemptions (2014-01-12)
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  • US boom threatens Aust LNG | Business Spectator
    Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu US boom threatens Aust LNG 9 Jan 8 37 AM 2 Industries Resources and Energy Climate Energy exec sees great risk in Australian gas projects as US exports rise report You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password The energy companies behind new liquefied natural gas projects in Australia are underestimating the impact of gas exports from the United States into Asia a Houston based energy executive has told The Australian Financial Review Vivek Chandra chief executive of Houston based Texas LNG said projects of the ilk of his firm s two million tonne a year project would plough extra pricing pressure on new Australian developments by severing the connection between crude oil prices and Asian LNG contract prices There is no rational reason why we should link these two commodities gas and oil together The US now offers the Asians a strong bargaining chip to break that link Mr Chandra told the AFR I d hate to be in the shoes of any of the Australian LNG projects right now because all they can do is see their costs go up America is in the midst of a gas boom though it is not yet clear how much of its expanding reserves will be available for export Meanwhile many proposed Australian gas projects are seeing their costs rapidly escalate Print this page Related articles 13 Jan Glencore copper sale has ASX firms on alert 13 Jan Gas reservation is a pipe dream 13 Jan BHP faces buyback pressure 13 Jan Indonesia ban no issue Palmer 10 Jan OM Holdings CEO resigns More from Business Spectator Technology Adapt or die Commercial The Future of Energy Family Business Alan Kohler s

    Original URL path: http://www.businessspectator.com.au/news/2014/1/9/resources-and-energy/us-boom-threatens-aust-lng (2014-01-12)
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  • EU seeks March start for backloading | Business Spectator
    providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu EU seeks March start for backloading 9 Jan 11 39 AM Climate Carbon markets Commission plans to fast track permit withdrawal analysts predict price doubling You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password Reuters The European Commission has proposed fast tracking a plan to prop up carbon prices in the EU s Emissions Trading Scheme after member states on Wednesday agreed to a withdrawal of as many as 400 million permits this year Member state officials approved rules governing how and when 900 million carbon permits can be withdrawn over the next three years under the Commission s so called backloading plan the 28 nation bloc s executive said on its website Traders are closely monitoring when the supply cut will begin as analysts predict backloading will double carbon prices currently languishing near record lows below 5 euros The rules agreed on Wednesday had been widely anticipated but the decision leaves uncertainty over how many permits can be withdrawn from government auctions this year because that figure depends on when the law is formally adopted This uncertainty meant the market was underwhelmed by the news leading the benchmark EU carbon contract CFI2Zc1 to close down 11 cents at 4 65 euros If the auction calendars can still be adapted by end March a total of 400 million allowances will be backloaded for 2014 This amount will be reduced to 300 million if backloading is initiated in April May or June the Commission said The Commission proposed backloading in 2011 to lift carbon prices to levels that would prompt companies to cut their greenhouse gas emissions but the measure took over two years to be agreed amid worries it could slow the EU s economic recovery Scrutiny period The backloading law must now complete a three month scrutiny period before it can advance towards entering into force But the Commission said Europe s climate chief Connie Hedegaard has written to EU member states

    Original URL path: http://www.businessspectator.com.au/news/2014/1/9/carbon-markets/eu-seeks-march-start-backloading (2014-01-12)
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  • 2014 may be even hotter | Business Spectator
    Big Data Cloud Computing Data Management Reviews Social Media Start ups Security Data Security Identity Management Wireless Security Telecommunication Latest stories Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Will Twitter s founder strike social gold twice Biz Stone is looking to tap into the selflessness of others with his latest venture Jelly Enterprises But the just launched app will have to quickly shift into something of real value if it s to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu 2014 may be even hotter 9 Jan 10 05 AM Climate Science Environment Predictions of a return of El Nino could see Australia break record again You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password By a staff reporter In the wake of Australia s hottest calendar year US predictions of the possible return of the El Nino weather pattern could see the record broken again The Australian Financial Review reports According to the newspaper the return of El Nino which is usually associated with warmer than average years but was absent in last year s record breaking 12 months is a possibility according to several US meteorological bodies including the US Climate Prediction Centre and Columbia University s International Research Centre for Climate and Society and would lead to hotter and drier conditions across the country However The AFR says Australia s Bureau of Meteorology is not expecting El Nino to return in 2014 but that the certainty around

    Original URL path: http://www.businessspectator.com.au/news/2014/1/9/science-environment/2014-may-be-even-hotter (2014-01-12)
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  • Climate | Business Spectator
    with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Latest News Vic energy minister to step down 12 Jan 11 16 PM Nicholas Kotsiras decision allows potential leader Matthew Guy to move to lower house Hunt firm on RET 16 min ago Minister reiterates support for renewables target amid growing cabinet rift EPA seeks feedback on Granville Harbour wind farm 10 Jan 11 02 AM Public comment sought on 33 turbine west coast Tasmania wind farm development PM takes aim at RET again 10 Jan 11 37 AM Abbott questions green power reliability ahead of renewables reviews Alcoa gives up on aid report 10 Jan 12 41 AM Firm won t seek govt funds for Point Henry smelter risk of closure rises Solar and wind competitive with fossil fuels Gov t economist 10 Jan 11 46 AM Bureau of Resource and Energy Economics updates power costings suggesting wind and solar competitive without carbon price by 2030 Castlemaine community wind farm site to change 10 Jan 10 45 AM Community group examining other sites for six turbine farm after concerns expressed by neighbours Why not do it again Abbott 10 Jan 11 27 AM PM lends support to talk of another turbine health review as South Australian baulks at plan Obama orders review of energy infrastructure 10 Jan 11 48 AM Report on ageing system to be delivered early next year Gas supply debate reignites 10 Jan 2 25 AM AGL dismisses assertion that NSW gas supply fears are overplayed report Abbott govt plans turbine health probe 8 Jan 9 30 AM Dutton and Victorian minister set path for another infrasound study RWE to shut 7 power plants 10 Jan 11 42 AM Energy supplier to ditch UK plants in wake of EU climate policies requiring retrofits Aust hits 2 million solar 9 Jan 10 26 AM Nation hits new mark as falling costs and RET incentive make solar and heat pumps more and more affordable Carbon markets to rise out of ashes 9 Jan 11 01 AM EU to lead global carbon market recovery in 2014 BNEF Gas industry seeks Direct Action exemptions 9 Jan 9 49 AM New LNG projects should be unaffected for first five years NSW gas supply fears overhyped Little 9 Jan 5 03 AM Envestra boss Ian Little suggests

    Original URL path: http://www.businessspectator.com.au/climate?destination=taxonomy/term/2996 (2014-01-12)
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