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Gas prices force switch to coal for power stations | The
Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014
10:12:01 AM]
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Stanwell chief Richard Van Breda outside the Swanbank E power
station west of Brisbane. 'Thesepolicies appear to have been
implemented for ideological reasons'. Picture: Lyndon Mechielsen
Source:News Limited
QUEENSLAND'S largest power generator will today declare that
Australia isone of the world's most expensive countries for energy
and warn that theelectricity market is being distorted by the
carbon tax, mandatory renewablestarget and solar-rooftop
subsidies.
After Stanwell took the extraordinary step yesterday of
announcing it wouldmothball its biggest gas-fired power station and
resurrect a coal facility built in the1980s - sparking predictions
that gas-fired power plants would be withdrawn inother states - it
will today call for a scaling back of the renewable energy
target.
Before the introduction of the carbon tax, the RET scheme and
solar feed-in tariffs,the abundance of coal had made Australia a
source of low-cost electricity, thecompany will say.
"These policies appear to have been implemented for ideological
reasons with little
Gas prices force switch to coal for powerstationsANNABEL
HEPWORTH THE AUSTRALIAN FEBRUARY 06, 2014 12:00AM| |
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IN BUSINESS
Third chief an Echo of the pastANDREW WHITE
ECHO Entertainment has pleadedfor investors to be patient as
itturns to a third chief executive inless than 18 months.
Simplify labour laws: G20 adviserANNABEL HEPWORTH
DISENTANGLING complexlabour laws that get in the way ofhiring
workers is important tocreating jobs, says Steve Sargent.
Tabcorp lifts first-half profitMITCHELL NEEMS
TABCORP will focus onincreasing returns and liftingproductivity
after posting a slightlift in H1 profit, despite a 10 percent
revenue slide.
Abbott warned of reform inertiaANDREW BURRELL
TONY Abbott's decision to setup dozens of reviews could
50
'Flint-hearedness is catching. Thegovernment ends taxpayer
bailouts,the RBA rules out a currencybailout'
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Gas prices force switch to coal for power stations | The
Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014
10:12:01 AM]
SIGNALS INTELLIGENCE ANALYSTSDepartment of
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analysis of the impact on electricity prices and economic
growth," Stanwell chiefexecutive officer Richard Van Breda will
say.
Stanwell will issue its warnings as part of its submission to
the federal government'senergy white paper, being developed by
Industry Minister Ian Macfarlane.
The submission will caution that a raft of energy policies is
eroding Australia'scompetitiveness in manufacturing, which is a
sensitive issue for the governmentamid internal tensions over
taxpayer handouts to businesses, including SPCArdmona.
Yesterday, Stanwell revealed it would withdraw its Swanbank E
power station, nearIpswich west of Brisbane, from service for up to
three years from October so itcould sell the gas rather than use it
in electricity generation.
Mr Van Breda said with "subdued" conditions on the wholesale
market andincreasing gas prices set to continue, Stanwell could
make more money selling thegas.
A unit at the Tarong coal power station - in cold storage since
late 2012 - will bereturned to service later this year.
In some parts of the world, cheap coal has pushed out gas, which
is considered"cleaner".
Germany is shifting back to more coal-fired electricity
generation, reopening someof its dirtiest brown-coalmines that have
been closed since reunification, despitehaving spearheaded Europe's
push into renewable energy. China has plans to addanother 860
million tonnes of coal production by 2015.
Labor said the development at Stanwell did not cast doubt on its
climate changepolicies, which had prompted Wayne Swan to declare in
2011 that gas-firedelectricity was projected to increase by between
150 per cent and 300 per cent overthe period to 2050.
"This example of one company returning to coal-sourced energy
says more aboutthe Coalition's Direct Action policy than Labor's
climate change policy," said
a spokeswoman for Labor's climate change spokesman, Mark
Butler.
"Stanwell Corporation may very well be anticipating a transition
to the DirectAction policy, where they will be free to pollute as
much as they like, without fearof penalty."
Environment Minister Greg Hunt hit back, saying Labor would use
anything tojustify higher electricity prices and Stanwell had made
a commercial decision basedon infrastructure refits that began some
time ago.
"Clearly there is a shortage of low-priced gas, which has been
made worse by thecarbon tax," Mr Hunt said.
"The test for Labor in the coming weeks is whether they will
block repeal of thecarbon tax and continue to increase the pressure
on family electricity bills, orwhether they will listen to the
Australian people and how they voted at the lastelection."
Origin Energy managing director Grant King has previously said
it would take acarbon price of $40-$60 to create "fuel switching"
-- to make it more economical tobuild a gas-fired power station
than a coal-fired plant for baseload generation.
extend Australia's "lost decade",ANZ chief Mike Smith
haswarned.
Dollar's dive may not be over yetJAMES GLYNN
A SHARP sell-off in theAustralian dollar may not beover,
according to a key memberof the RBA policymaking team.
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Gas prices force switch to coal for power stations | The
Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014
10:12:01 AM]
National Generators Forum executive director Tim Reardon said
that "as the gasprices increase trickles down into other states, we
would expect to see other gasplant withdrawn".
"The carbon price would need to be much closer to $100 a tonne
before it changesthe economics of electricity generation," he
said.
Mr Van Breda said it would be more lucrative for the state-owned
Stanwell to sellits gas, given the high prices on the east coast,
which are driven by the boom inliquefied natural gas projects.
He briefed affected staff yesterday at the 385-megawatt Swanbank
E power stationon a voluntary redundancy program.
Mr Van Breda insisted he would be making the decision regardless
of the carbontax. "We see gas prices increasing and it makes more
sense for us to sell our gasrather than burn it," he said.
He predicted that others could also sell gas instead of using it
in their ownoperations. "People are going to sell their gas if
there is a better price for it," hesaid.
Mr Van Breda said he was concerned about the oversupplied nature
of the energymarket.
Demand for electricity had fallen due to a slew of factors,
including the decline inmanufacturing and falling demand from
households stung by higher power bills.
The Australian has learned that analysis by the National
Generators Forum findsthat if electricity consumption continues to
decline at the same rate as it has overthe past four years, the
electricity sector could achieve a 5 per cent reduction on2000
emissions levels as early as 2017-18 without government
intervention throughthe RET or Direct Action Plan.
Pointing to yesterday's new figures on greenhouse gas emissions
that showed a 5.5per cent decline in emissions from power
generation, Mr Reardon said it wasimportant that Direct Action
removed taxes on electricity and led to a revival ofindustrial
activity.
The electricity industry has cited chronic oversupply in the
market as part of itspush for reform of the RET, which mandates
that 20 per cent of electricity willcome from renewable sources by
2020.
The government will renew the RET this year, with Tony Abbott's
comments inDecember that it was causing "pretty significant price
pressures" being seen asopening the way for the RET to be wound
back in the review.
Stanwell's energy white paper submission will raise concerns
that the surge inrooftop solar panels has increased the capacity of
the market, making cheaper coal-fired power stations run less
efficiently. It says solar feed-in tariffs (stategovernment
schemes) have resulted in high ongoing costs for
networkinfrastructure.
Stanwell wants the RET scaled back to a "true" 20 per cent of
electricityconsumption.
It is set for a fixed 45,000 gigawatt hours by 2020, including a
mandated41,000GWh for large-scale generators such as wind farms.
But falling energydemand means that the 20 per cent target will be
overshot.
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-
Gas prices force switch to coal for power stations | The
Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014
10:12:01 AM]
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NEWEST | OLDEST | TOP COMMENTS
Jeff
Edward
Peter
Sign in 244 people listening
Onya Stanwell. Good to hear some news. Sometimes wish I was
still there.
LIKE REPLY
In a small regional town in the Canadian Rockies, were paying
one-tenth the powersupply charge and a sixth of the unit supply
charge that we pay to the Green/Labor stategovernment power
monopoly in Tasmania. Reasons why electricity should be cheaper
inTasmania include the greater infrastructure efficiency of a 240
volt supply vs.110 volt, theabsence of snow and ice storms plus a
more concentrated population.
Given all that, in Canada, they use natural gas for central
heating and hot water becauseits even cheaper than electricity. I
think Tony Abbotts got a real mess to clean up inAustralia before
the countrys industries and standard of living are in any
waycompetitive.
1 LIKE REPLY
The US Energy Information Agency has a very good webpage that
shows what theaverage retail price is for Natural Gas, Propane,
Electricity etc. Well how many peoplewho are reading this comment
would know that the average American household is onlypaying
1.05cent/MJ for natural gas yet we are paying well over double that
here inAustralia (e.g. my supplier is AGL and they are slugging me
2.5cents/MJ.
I have actually raised the issue about Australians being price
gouged on energy bycomparison to other countries. You can see the
video question on the Q&A website ...look for the heading
'Australian's Being Price Gouged' which I uploaded on
the11NOV2013.
Why are we paying substantially higher prices for energy which
comes from energyresources that we by our natural birth own?
51 COMMENTS
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Gas prices force switch to coal for power stations | The
Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014
10:12:01 AM]
50 MINUTES AGO
1 HOUR AGO
1 HOUR AGO
Bruce
Terrence
Alex
2 LIKE REPLY
So if there are large amounts of solar generation out there how
does this add to the cost ofpower ,when the power company does not
need to turn on his generators as much?
LIKE REPLY
21 MINUTES AGO
12 MINUTES AGO
6 MINUTES AGO
Peter
Charles J
Peter
Bruce, you need to learn more about power generation and
transmission. Whenthe sun doesn't shine, or the wind doesn't blow
for wind generators, the mainpower system has to make up for the
shortfall. This causes major problems inmany ways - all expensive
and uneconomical. This issue will not be resolveduntil
cost-effective battery systems are installed for such 'sustainable'
powersystems. Such technologies are being developed, but are not
available yet.
LIKE REPLY
@Bruce The generators need to be running all the time. They
cannot be stoppedand started on a whim or flick of a switch. This
has caused the great furphy thatsolar and wind is the answer. If
the wind stops it takes quite a while (hours) toget the generators
to full capacity unless they are already running. The people
ofAustralia were conned by the ALP/Green garbage about cheap
renewableenergy. They were leading us backwards and power costs
have sky rocketed as aresult.
1 LIKE REPLY
Bruce, another factor is that the power generators have to pay
for the cost ofbuilding and maintaining power lines, while not
getting any revenue from thesolar panels on peoples roofs. (pardon
the capitals, for some reason the site willnot accept lower
case)
LIKE REPLY
There is absolutely no real life data that shows mandated
renewable energy targets havereduced GHG emissions one jot. In fact
the converse is true because 'renewable' has cometo mean wind and
solar -- two intermittent sources of energy that are useless in the
contextof a modern society and electrical grid system. The RET must
be dumped and let themarket sort it out.
2 LIKE REPLY
I love The Australian but you sometimes need to swallow the
bitter ABC pill and reporton all the information.
The carbon tax accounts for 9% of power bills, RET a further 8%
yet power has nearlydoubled (100%) in just 5 years. Please report
on how state owned power utilities haveover-capitalized and how
privatization would contribute to greater efficiencies and
lowercost. I'd also appreciate reporting on the impact of northern
hemisphere winter on naturalgas and LPG pricing. Please also report
on the contribution roof top solar has to peakload.
Sounds very protectionist by condemning renewables when systems
without rebates cannow break even in just 3 years, power companies
will have to learn to live with them, orprofit from them - there
ARE companies that do. As a supporter of nuclear I fear thepower of
coal would prevent it from becoming a reality.
LIKE REPLY
53 MINUTES AGOLogical
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Gas prices force switch to coal for power stations | The
Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014
10:12:01 AM]
1 HOUR AGO
1 HOUR AGO
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1 HOUR AGO
Peter
Michael F
selwyn
John
46 MINUTES AGORon
@Alex We need all forms of power production where they are best
suited, notjust a select few. This includes coal, oil, nuclear,
gas, etc. But the insistence bythe `Alternatives' lobby is more a
scam focused on the hunt for tax-payersubsidies. It's has been
proven alternatives by themselves can't do the job, andthe cost of
trying to is ruinous. Nuclear is central to our need for base
loadpower. but don't just focus on any one form of power
production.
2 LIKE REPLY
@Alex Equally there has been a lot of talk on the Green side
about "goldplating" and how this is bad. That is about all ABC
could talk about. And theALP for that matter. When it is boiled
down though "gold plating" is primarilythe desire of the producers
to ensure adequate load for ALL periods includingthose occasional
extreme peak times (less that 15days a year). It also allows
forfuture capacity - shock of shock planning for future needs!!! By
claiming that"gold plating" is bad and an overspend then that side
of the argument is, bydefinition, advocating brown outs and black
outs to consumers. With suchsituations increasing as the population
grows. Let's not also discount thehyprocrisy that those who suffer
will no doubt be in Gordon and Slater's nextclass action against
the producers for failing to provide an adequate service.
So where was that information reported in the Green and ABC
media?
3 LIKE REPLY
7 MINUTES AGOCharles J @Ron @Alex With the ABCs record on
truthful reporting I would bevery wary of anything they say
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It is increasingly obvious: every intervention by government in
the power industrymakes it worse for most consumers. The only
people who gain are those who benefitfrom subsidies of one sort or
another which distort what should be a free market. Theclear
message to governments: go away, get out, stick to the knitting and
cancel all yourdaft, ideological and ruinous energy-related
schemes. The last good thing government fordid energy was the Snowy
Mountain scheme, and that was a long time ago.
7 LIKE REPLY
This is the first sign that the Australian economic climate is
changing. It has taken achange in government in Queensland and
Federally to finally see rational commercialdecisions being taken
by business. Businesses are no longer terrified of being pilloried
byGillard/Rudd or Christine Milne or Bob Brown or even Greg Combet.
They just don'tmatter any longer. The political climate has changed
and the catastrophists no longercontrol the agenda. It is a
refreshing change and one which will undoubtedly lead to abetter
more efficient economy.
9 LIKE REPLY
blind freddie could see this outcome ,it was all to do with this
carbon tax which was athought bubble from the lunatic tree hugging
greens, sarah-hanson-young explained thegreens intelligence when
she conducted that CIRCUS the senate inquiry into sovereignborders
, actually it was better then benny hill"
6 LIKE REPLY
A totally unnecessary carbon tax that achieved zip plus an
economy based on outrageouscosts and poor productivity is totally
consistent with energy that is too expensive. We
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Gas prices force switch to coal for power stations | The
Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014
10:12:01 AM]
1 HOUR AGO
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2 HOURS AGO
Allan
Lawrence
Ewen
Joshua
need some serious structural reform and not only at the
industrial relations end of thespectrum. There is no real
competition in the fees of many professionals and we allowrapacious
landlords to undermine much of small business.
5 LIKE REPLY
I believe the rising gas prices have nothing to do with
renewable energy, carbon tax andsolar roof top assemblies. It is to
do with the fact that gas prices are rising as a result ofworld
wide demand and Australian governments not prepared to reserve
enough quantitiesfor the Australian domestic, farm, industrial and
commercial demands. Let the market anddemand dictate prices, no
matter which customers have to suffer. The same thing ishappening
in the petrol industry.
1 LIKE REPLY
It is now obvious to all, except those alarmists who worship at
the altar of theAnthropogenic Global Warming , that CO2 emissions
have little effect on globaltemperatures or climate. 17 years of no
discernible temperature increases and about 10years of slight
cooling whilst CO2 emissions rise 8% puts the hypothesis well and
truly inthe grave. Policies developed to "combat dangerous man made
climate change" werebased on dubious science in the first place and
with real world data showing that scienceto be completely false
those policies must be revisited. The increase in electricity
priceshas destroyed manufacturing in this country and reduced the
standard of livingparticularly among the poorer citizens. The RET
should be dumped as should any feed intariffs. Subsidies distort
the market and cause untold uncertainty.
6 LIKE REPLY
This is the truth. I am a farmer running centre pivots and
pumping water with electricityand the cost has gone up 40 percent
in the last 3 years. It is just not worth irrigating now. These
solar panels are to blame as well. I have no problem if people want
to install thembut they should not be subsidized by the taxpayer or
industry.
Ewen
10 LIKE REPLY
1 HOUR AGOTim @Ewen The main cause of the increase in
electricity prices is the rising cost ofthe network. Network costs
have increased as the rate of return on assets hasincreased,
building new infrastructure and upgrading old infrastructure.
SolarPanels have placed additional pressure on networks, but they
appear to be arelatively minor contributor to cost.
LIKE REPLY
Firstly, it is not a bad thing for anyone other than electricity
generators that people areusing energy more efficiently. That 5.5%
reduction in greenhouse gas emissions isn't justa win for
environmentalists, it's also a win for all those now paying less on
their electricitybills due to lower consumption.
Secondly, this is exactly what a carbon tax is designed to do -
change people's incentivesso that everyone finds ways of reducing
their own emissions (in this case by consumingelectricity more
efficiently). Which is a far better approach than doing it by
governmentfiat under a top-down 'direct action' policy.
And action on climate change isn't some ideological crusade,
it's sensibly putting a stop toa massive and incredibly risky
experiment with the planet's atmosphere. There is a lot
ofscientific evidence out there, and only a tiny minority of peer
reviewed literature contestsor attempts to refute the thesis that
global warming is happening, it is man made and itposes a serious
threat to our future.
Finally, who does he think he's kidding about energy prices? The
mere fact they can getmore money by selling the gas on an
international market than it cost them to obtain it
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Gas prices force switch to coal for power stations | The
Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014
10:12:01 AM]
indicates that energy prices are at the very least somewhat
higher abroad.
1 LIKE REPLY
2 HOURS AGO
1 HOUR AGO
1 HOUR AGO
Keclonis
Edward
luke
@Joshua Exactly which country do you live in? I have done the
"efficiencything" in my house. Everything from better more
efficient lighting to top rateappliances and smart switches. FUNNY
how my bills have only stood still orinching upwards.
Perhaps a Carbon Tax in its pure definition may work. But we got
was acoercive redistribution of wealth with zero return. Unless you
count the 10%bow wave of costs caused by this tax through the
economy?
A lot of emission reduction is or has occurred in part because
your Carbon Taxhas helped knee cap manufacturing in this
country.
So now its Climate Change. Ok lets say it's happening. The
Eco-Nazis arekilling their cause with their fanatical catch cries
and alarm ism. Every rationalperson wants a reduction in pollution
but we are turned off by the ECO-Zombiesand the socialists whom
have infiltrated your movement.
11 LIKE REPLY
@JoshuaYour comments presuppose that CO2 is a problem. Unlike
most of theideologues, do you actually know the minuscule
percentage of CO2 in theearths atmosphere? Also, its easy to say
that a 5.5% drop in emissions mightbe a good thing but have you
ever personally spent days and nights in the coldbecause you cant
afford electricity? Have you faced the heartache of losing yourjob
because your factorys closed down? Finally, can you cite anyone
whosepower bill has actually gone down apart from solar panel users
who are beingcross-subsidized by the rest of us?
8 LIKE REPLY
@Joshua The elderly who turn off their aircon during heat waves
are usingenergy more efficiently, by not using it at all. A more
fitting term for "lowerconsumption" of energy would be "Unable to
afford". Environmentalists mightbe happy that old Ma and Pa are
going without the basics of Aircon, buthumanists do not, as we tend
to put people first.
Secondly, An artificial price placed on the production of
energy, or "CarbonTax", imposed by government is "Government Fiat
under a top-down 'directaction' policy". It is government policy to
directly affect the price of producingenergy and through pricing
(rising the cost), directly affects the ability of mainlythe poor
to afford basic 21st century consumption levels; as in turning on
thelights when they want to and not if they can afford to.
Thirdly, since you assume that 21st century consumption levels
are unsustainableand it is sensible to put a stop to this "Risky
Experiment", I will make theassumption that you are using your
friends computer to write your response, youdo not own a car, do
not travel (especially overseas) and plan on having nochildren.
After all, it is sensible to put a "stop to a massive and
incredibly riskyexperiment with the planet's atmosphere". So why
should you put your lifebefore the Planet's?
Fourthly, 17 years of no increased warming, while world carbon
dioxideemissions are continuing to rise at an increasing level does
not support thecurrent thesis; that man's emissions are the primary
source of the warming. Noone doubts that man has an affect, but as
to its degree or whether it will becomedangerous, that is what is
currently being debated. The current evidence of 17years of no
increase in warming is more than enough to caste doubt on
themajority of scientific "peer reviewed" literature. As Einstein
stated "No amountof experimentation can ever prove me right; a
single experiment can prove mewrong".
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Gas prices force switch to coal for power stations | The
Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014
10:12:01 AM]
2 HOURS AGO
2 HOURS AGO
2 HOURS AGO
2 HOURS AGO
Michael
Tony
graham
Bruce
JUST NOWCharles J
6 LIKE REPLY
1 HOUR AGOGreg @luke @Joshua Damn right, Luke. I didn't see
labor and the greenswandering around parliament house rugged up in
parkas and ugg bootduring winter because they had turned the
heaters off to reduce theircarbon emissions
3 LIKE REPLY
@Joshua Just what planet are you on???? I have done everything I
can toreduce my power consumption and I still pay more and the cost
per unit ishigher. Your comment is stupid, insulting and very, very
wrong.
LIKE REPLY
At last the debate the country needs. Maybe the pollies will try
to head it off with anotherserve of Gay Marriage.
13 LIKE REPLY
2 HOURS AGODave Wane @Michael Well said, Michael!
4 LIKE REPLY
The driver of this decision is the high price of gas. That price
is dictated by the EXPORTprice. It has been said many times that by
allowing gas producers to export all theirproduction the domestic
market price will be hugely inflated. Maybe this is the first
reallife example of those predictions. We can learn a lesson from
the USA here. They prohibited the export of cheap shale gas and the
result was a very significant drop indomestic energy prices, no
more dependence on middle-east oil and a very real boost forthe
domestic economy. Government should legislate for a portion of our
gasproduction to be reserved for domestic use - at a mandated
price. A bit like agovernment subsidy in reverse !
7 LIKE REPLY
2 HOURS AGODave Wane @Tony The market should be entirely free
and open, allowing electricityproducers to decide the fuel of their
choice. Competition is what is needed, notmore government
intervention.
5 LIKE REPLY
Stanwell has a CEO making sensible decisions.
Thanks Richard for having the gumption to put actions in place
to save many of theremaining industrial enterprises in
Australia..
5 LIKE REPLY
All because Labor, the Greens and the Enviroes believe that CO2
causes climate change.Man's stupidity is exceeded only by God's
mercy, and that is infinite.
12 LIKE REPLY
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Gas prices force switch to coal for power stations | The
Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014
10:12:01 AM]
4 HOURS AGO
8 HOURS AGO
Dave Wane
Alan
2 HOURS AGO
2 HOURS AGO
Logical
Patrick
@Bruce That's Professor Ian Plimer's quote in the last line of
his book, `Heavenand Earth'.
1 LIKE REPLY
@Bruce Superstition won't generate energy just hot air. Fossil
fuel producesonly have themselves to blame as they again have
failed to provide clean andcheap energy with massive poles and
wires costs over recent years dwarfingother price increase factors.
Too many excuses
LIKE REPLY
2 HOURS AGOGreg @Patrick @Bruce WE would all be enjoying clean
cheap energy now,if it wasn't for all the misinformed
environmentalists waging a fearcampaign over nuclear energy
3 LIKE REPLY
At last we have a power producer telling it as it is. Richard
Van Breda should becongratulated for speaking out. His Words:
"Before the introduction of the carbon tax, the RET scheme and
solar feed-in tariffs, theabundance of coal had made Australia a
source of low-cost electricity."
The utter madness of driving up the cost of electricity for
nothing other than ideological"feel-good" reasons is one of the
great economic tragedies of our times.
At a time when the world's economy was shaky and country after
country was sinking intoa quagmire of unsustainable debt, along
comes Rudd-Gillard-Rudd to do everything inthey could dream up to
make our electricity amongst the highest priced in the world.
If only the Abbott Government would seriously bight the bullet
and abandon "direct-action" and all the other crazy taxpayer-funded
subsidies and schemes devoted to so-called renewable energy,
Australia may once again have some of the cheapest electricityin
the world.
For those who spend their time bleating about the decline in
manufacturing, I suggest abetter course of action would be to lobby
all politicians to see some commonsense - andcease all alternative
energy programs and work towards encouraging a completely
openelectricity market - with power producers choosing the fuel of
their choice, obviouslyincluding coal and even nuclear.
24 LIKE REPLY
Far too long have gov'of all ilks have seen the power generators
as milking cows.As seenby the last power hike by Newman.Its no
wonder that people like myself invested in SolarPower.From this
story it would appear that the generators expect the general public
to payhigh prices for electricity irrespective of affordability.I
happen to believe in the concept ofthe damage being done to the
environment and support the endeavours to cutemissions.What these
identities are asking for is indirect assistance at tax payers
expense.
LIKE REPLY
8 HOURS AGOMaggie Your solar panels are a drag on the
environment, if you are serious check outabout manufacture and
disposal of all things solar and don't get me started onwind
farms.
10 LIKE REPLY
2 HOURS AGOPatrick
-
Gas prices force switch to coal for power stations | The
Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014
10:12:01 AM]
7 HOURS AGO
4 HOURS AGO
luke
Keclonis
@Maggie How wrong. Look to China's display during the
lastOlympics with so much fossil fuel pollution it's killing people
atalarming rates. Wind farms are great.
LIKE REPLY
1 HOUR AGODamien
@Patrick @Maggie If wind farms are so great why do they
needgovernment subsidies? I have a wind turbine and I live in a
high windarea. It only produces it's rated output when it is going
flat out. As faras "bang for buck" goes it's a dud. I should have
put the money intomore solar panels.
Solar panels and wind turbines need base load backup for when
there isno or low solar radiation and there is no wind, So at this
time fossilfueled power stations are necessary. Can you imagine the
size andnumber of battery banks required if you went with out power
stations. Ilive off a "remote area power system". It's not cheaper.
Firstly the is thecapital expenditure building the system even with
govermenentsubsidies. Then there is the maintenance and replacement
of thebatteries after about ten years (they don't last forever) at
about $18,000in my case. Fuel for back up power generation is not
getting cheaper.
It's about time "Warmists" sat down and looked at the scientific
andeconomic facts about power generation, emotional argument serves
nopurpose. The only real replacement for fossil fuel power
generation ishydro and, dare I say it nuclear power.
Environmentalists, largelybased on emotive argument, object to this
and politicians are toogutless to do the right thing. If we want to
maintain our standard ofliving we have to pay penalties, but those
penalties must be realistic,based on sound scientific and economic
fact.
So all you armchair experts should do some real research about
thesubjects you are arguing, because you are making yourselves
lookpretty stupid.
3 LIKE REPLY
@Alan "What these identities are asking for is indirect
assistance at tax payersexpense". What do you think your Solar
Power rebate is?
10 LIKE REPLY
3 HOURS AGOJoy @luke you have nailed him. Solar should be
neutral, nobody should bemaking money out of solar. I call them the
Solar Bogans, their roofareas are littered with panels with no
thought to how their home look, the same occurred with the water
tank rebate. Labor Gov's started thisunsustainable rebate and the
Lib Gov have tested the waters but areunwilling to remove it in
fear of political backlash.
5 LIKE REPLY
@Alan So it must make you all warm and fuzzy to see your fellow
Germansocialist brethren install all that wonderful Wind and Solar
power? Only to findthat they now are burning brown coal again?
BROWN COAL no less. How thissame brethren want to shut down all
Nuclear reactors but are now forced toimport French Power, which
btw is generated from Nuclear Reactors.
I have no problem with sustainability. I have no problem with
reducingpollution. I have no problem in technology finding better
cleaner ways toproduce power. I do have a problem with half witted
idiotic political solutionscausing unnecessary expense and
hardship.
-
Gas prices force switch to coal for power stations | The
Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014
10:12:01 AM]
9 HOURS AGOhorse2go
4 HOURS AGO
3 HOURS AGO
2 HOURS AGO
Dave Wane
Mark
Greg
21 LIKE REPLY
@Alan I would have no problem with you paying for your solar
energy panelsand associated equipment if there was no
taxpayer-funded subsidy to assist inyour purchase or any government
intervention in the electricity market to allowyou to sell your
very expensive electricity(given all the subsidisation, rules
andregulations and taxes that comes with it) back to the grid.
8 LIKE REPLY
@AlanAt least you are consistent. Consistently refusing to
accept the basiceconomics and realities of life, that is.
Government intervention in the marketcreates pain and cost
somewhere along the line. For example, use of taxpayerfunds for
solar subsidies hurts others because it means those funds are
notavailable to be used for other things like education and health.
You cannot haveyour cake and eat it too.
Carbon pricing is specifically designed to cause pain to
polluters to make themchange their business decisions. If the
carbon price is set too low it will notchange decisions and just
cause industry lots of pain, which then is passed onthe consumers
in the form of higher energy costs, for example. "The carbonprice
would need to be much closer to $100 a tonne before it changes
theeconomics of electricity generation," he said. Thus a poorly
designedideological tax causes everyone pain and does nothing for
the environment.
I want pollution to be reduced like every other sensible person,
but let's havesensible policies to get there.
3 LIKE REPLY
2 HOURS AGOPatrick @Mark @Alan I assume you would immediately
stop all fossil fuelsubsidies?
LIKE REPLY
2 HOURS AGODave Wane @Patrick @Mark @Alan what fossil fuel
subsidies? Do you meandiesel fuel rebates? Better still remove all
taxes on fuel for all fuelusers.
2 LIKE REPLY
@Alan Since it is the extra dollars that I am compelled to pay
for electricity thatis being used to subsidise your solar panels,
you should at least have the decencynot to gloat about it
6 LIKE REPLY
Who could possibly be responsible for this appalling state of
affairs?
12 LIKE REPLY
9 HOURS AGOluke @horse2go It starts with Labour and ends with
Incompetence.
15 LIKE REPLY
3 HOURS AGORick
-
Gas prices force switch to coal for power stations | The
Australian
http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014
10:12:01 AM]
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Gas prices force switch to coal for power stations | The
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http://www.theaustralian.com.au/business/mining-energy/gas-prices-force-switch-to-coal-for-power-stations/story-e6frg9df-1226819086580#[6/02/2014
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www.theaustralian.com.auGas prices force switch to coal for
power stations | The Australian
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