When the heat was on in eastern Australia last week, there was very little wind. For this reason, wind-power rich South Australia was relying on brown-coal electricity from Victorian generators 1000km away – and they were paying a pretty price for it.
China is heading towards what will likely be an unwelcome status as the world’s biggest creator of carbon emissions. But Australia is doing its bit to help reduce the impact of its urbanisation and industrial growth in the country with the world’s biggest population and second biggest economy (after the USA).
Historically, state governments are upbeat if they sense a potential development project that could employ people and lower prices for a widely used commodity – especially if private enterprise is willing to take the risk and pay for that development.
The Australian natural gas industry has started 2018 with a smashing triple play: Rising exports, steady domestic supply and lower prices for domestic customers. The latest research by Energy Quest describes the three elements thus: Record exports from the set of three liquefied natural gas plants at Gladstone, Queensland Sustained domestic supply (on east and…
Recent data released by Australia Pacific LNG (APLNG), operated by Origin Energy, has shown the flow of gas from the Condamine River seeps has fallen considerably to the lowest levels recorded.
‘Gas prices, supply on the mend: watchdog.’ That was the heading in The Age this week, as the Australian Consumer and Competition Commission provided insight into the state of play in the East Coast gas market.
A thorough scientific study of hydraulic fracturing has found it poses little risk to the Northern Territory environment. This is no surprise – it is the second major study to come to the same conclusion in the NT in the past few years and the latest in a strong of a dozen or so conducted around the country.