Archived News for Energy Sector Professionals
Statistics released by the Bureau of Resources and Energy Economics show that power station development has stalled, with just two projects — both windfarms — worth $488 million completed in the 12 months to October.
This compares with 11 projects worth $3.13bn in the previous year and 17 projects worth $4.51bn in 2009.
The report details electricity generation projects at various stages of development around Australia and with a capacity of more than 30 megawatts.
Australia Pacific LNG and Kansai Electric sign 20 year agreement for LNG supply
Australia Pacific LNG Pty Limited (Australia Pacific LNG) and The Kansai Electric Power Company (Kansai Electric) have signed a binding Heads of Agreement for the sale and purchase of approximately 1 million tonnes of LNG per year for 20 years.
World Energy Council ranks energy and climate policies
Australia's energy policy has ranked 22nd in the World Energy Council's Policies for the Future assessment of global energy and climate policies.
World Energy Outlook 2011 report released
Without a bold change of policy direction, the world will lock itself into an insecure, inefficient and high-carbon energy system, the International Energy Agency warned as it launched the 2011 edition of the World Energy Outlook (WEO). The agency‟s flagship publication said there is still time to act, but the window of opportunity is closing.
SMART Infrastructure Facility launched
The University of Wollongong will produce world-class research and teaching in infrastructure development with the opening of its new $62 million SMART Infrastructure Facility.
Tasmanian wind farm bidders announced
Bidders have emerged for the wind farms being sold by Hydro Tasmania.
Origin Energy exercises carbon sink options
Origin Energy has confirmed it will exercise around $30 million of planting options with carbon forest sink company Carbon Conscious.
CSG under fire as damning report suppressed
A report that 'thoroughly dismantles' the claim that coal seam gas is a clean energy source has allegedly been suppressed by the company that was contracted to publish it.
DPI searches for Victorian CCS potential
The Department of Primary Industries has conducted an airborne gravity survey along the Victorian Gippsland coast as part of ongoing research into the viability of a large-scale carbon capture and storage facility in Victoria.
Australian technology used to cut power waste
Technology developed in Australia will be used to cut the emissions of a 25-year-old building by an estimated 80 per cent, following a $5 million energy efficiency upgrade.
Queensland completes Powerlink
Queensland's new $22 million Powerlink substation has been completed, with the State Government lauding the completion of the project which will supply power to the State's fastest growing regions.
New UQ centre to focus on CSG
The University of Queensland has announced plans to establish a new centre of excellence within the Sustainable Minerals Institute for research and education into coal seam gas.
Geothermal collaboration brings a New World to Green Rock
Green Rock Energy and New World Energy have signed a binding agreement to jointly develop both companies' geothermal exploration permits (GEPs) in the North Perth Basin in the Mid West region of Western Australia.
Cooper Energy rejects new board
A Cooper Energy shareholder vote has narrowly voted down a motion to install Edward Smith and Bernard Crawford as directors of the company.
WA receives appeals against Vasse Coal recommendations
The Western Australian Minister for Environment Bill Marmion has received an independent Appeals Committee report against the Environmental Protection Authority’s (EPA) recommendations against the Vasse Coal proposal.
$6.6 billion Kevin's Corner project EIS released
The Queensland Government has released the environmental impact statement (EIS) for the $6.6 billion Kevin's Corner coal mine project for public comment.
Work to begin on WA hybrid plant
The Western Australian Government has announced that work is set to commence on the new state-of-the-art power plant that will supply renewable energy to the Australian Square Kilometre Array Pathfinder – and potentially the $2.5 billion Square Kilometre Array project.
Tamberlin report recommends further disposal of NSW electricity assets
An inquiry into the partial privatisation of NSW’s electricity sector by the ousted Keneally Labor Government has recommended further sale or lease of generators, the possible sale of ‘poles and wires’ distribution networks and the sale of power station development sites.
AGL records flat growth
AGL has announced a total profit of $431.1 million for the 2010-11 financial year, recording only a small increase over the previous year's $429.9 million in profit.
Average households more energy efficient
Households in Sydney, the Central Coast and the Hunter are becoming more energy efficient, with an average home reducing its electricity use by almost two per cent over the past 12 months.
Queensland Solar Atlas available
A new electronic map to assist resource companies to pinpoint the best areas for potential future solar power generation projects has been released by the Queensland Government.