Showing posts with label at. Show all posts
Showing posts with label at. Show all posts

Sunday, October 26, 2014

Directing Heat At The Right Target

The continuing heatwave in Australia and latest round of bushfires and brownouts resulting from it have highlighted the fact that coal fired power has intermittency problems - Victorian Senators heat directed at wrong target.
"Most of our power system performed very well under exceptional circumstances, but the large Loy Yang A coal-fired power station in the Latrobe Valley suffered unexpected outages for a long period of time as a result of the heat. No type of power plant can ever be 100 per cent reliable in extreme weather, but when a coal-fired plant suffers a fault the system loses a large amount of power. Wind farms and solar households are made up of thousands of independent generators, so a fault in one makes almost no difference.

“Without rooftop solar power and solar hot water acting to reduce the demand from large-scale power stations, it is very likely that Victoria would have set a new record for power use. And without the contribution from wind and solar energy, more homes may have had their power switched off over the last few days,” he said.

Mr Sonnreich said the Renewable Energy Target had been very successful at delivering large amounts of clean energy from solar power, solar hot water and bioenergy at low cost to consumers, while delivering billions of dollars of investment and tens of thousands of jobs in regional areas.

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Sunday, October 19, 2014

Origin Seeking at Least One More Buyer to Expand Coal Seam Gas LNG Project

Bloomberg reports that origin is looking to expand its APLNG coal seam gas export project - Origin Seeking at Least One More Buyer to Expand LNG Project.
Origin Energy Ltd., ConocoPhillips’s partner in a $20 billion Australian liquefied natural gas venture, said it aims to sell more than half the fuel from the project’s second phase before committing to an expansion.

The project in Queensland state will likely need to sell 50 percent to 75 percent of the LNG from the second stage before the partners make an investment decision, Karen Moses, executive director of finance and strategy at Sydney-based Origin, said today in a telephone interview, adding that no final decision had been made.

Origin and Conoco, the third-largest U.S. oil company, are among energy companies in Australia planning more than A$200 billion ($200 billion) of LNG projects to tap rising Asian demand for the cleaner-burning alternative to coal. The venture yesterday agreed to supply Japan’s Kansai Electric Power Co. with 1 million metric tons of LNG a year, or almost 25 percent of the capacity from the second unit, or train.

Origin and Conoco are pursuing “at least one more” buyer for the coal seam gas-to-LNG venture, with customer interest increasing since the nuclear crisis in Japan caused by the March 11 earthquake and tsunami, she said.

The partners approved the first stage of their Australia Pacific LNG development in July, targeting first exports in mid-2015.
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