Advocates for a rapid transition to net-zero have not explained the real limitations of battery storage supposed to underpin the viability of the net-zero push, according to an industry engineer. Nick Kastelstein, a senior mechanical engineer at GPA Engineering, says media coverage has also failed to inform the public about the true nature of Australia’s…
Battery Storage a Barrier to Net-Zero Push: Engineer
July 5, 2022
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AEMOAsia & PacificAustraliaAustralian Energy Market OperatorBusiness & MarketsChris Boweneconomyenergy storageInternationalNick KastelsteinTechTech NewsWorld
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Australia Adopts 43 Percent Emission Reduction Target Despite Current Energy Shortage
Australia’s Minister for Climate Change and Energy, Chris Bowen, has revealed the new centre-left Australian government’s climate bill, which will set a target of 43 percent emissions reduction by 2030 and net-zero by 2050. Speaking to the National Press Club on Wednesday, Bowen said Labor would establish a Climate Change Authority to “assess and publish…
Australian Energy Market Operator to Remove Extraordinary Market Suspension
The Australian Energy Market Operator (AEMO) has announced that it will end its extraordinary intervention in the national energy market following improvements in power supplies. After a week of suspending the energy market, the AEMO said it would remove the suspension from 4 a.m. on June 23 as 4,000 megawatts of generation returned to the…
Gas and Coal Plants Should Be Paid to Protect Reliable Energy: Australian Energy Board
June 20, 2022
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AustraliaAustralian Energy Market OperatorBusiness & MarketsChris Bowenenergy crisisenergy security boardWorld
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All energy generators, including traditional gas and coal-fired plants, should be paid to have its capacity available when required to ensure reliable supply, according to a new draft paper. Australia’s Energy Security Board (ESB) has highlighted the current important role that fossil fuels played in the national energy grid as the country makes its transition…
‘It’s Always About How’: Australian Shadow Treasurer Asks Government How It Will Achieve New Emissions Target
Australian shadow treasurer Angus Taylor has criticised the Labor government’s 43 percent emissions target, asking it to explain how it would ensure the needed power supply to businesses and homes. The comment comes after thousands of homes on Australia’s east coast were plunged into darkness on Monday as electricity suppliers struggled to meet demand as…
Full Reliance on Renewables Not a ‘Scientific Reality’: Australian Opposition
June 16, 2022
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anthony albaneseAsia & PacificAustraliaBusiness & MarketsChris Bowenclimate changeeconomic policiesInternationalPeter DuttonWorld
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Australian opposition leader Peter Dutton says total reliance on renewable energy to fulfil the nation’s electricity needs is unfeasible. His comments come as the current Energy Minister Chris Bowen calls on the private sector to bolster investment in renewables amid soaring electricity and gas costs in Australia. Dutton told the Nine Network that the energy…
Not Enough Renewables: Minister Blames Australian Electricity Shortage on Lack of Green Energy
Energy Minister Chris Bowen has blamed Australia’s current electricity shortage on a supposed lack of investment in renewable energy and storage facilities from the previous government. The Labor minister was responding to questions on whether Australia should simply increase—or repair—coal-fired energy generators that already provide around 64.67 percent of the country’s total electricity, as of…
Australian Energy Minister Gives Assurance as Electricity Blackouts Occur
Australian Energy Minister Chris Bowen has said that the country’s energy grid can be sheltered from further blackouts and load shedding as New South Wales and Queensland just experienced brief shortfalls in electricity supply. Although the energy shortages were lifted overnight, Bowen said the upcoming months would be a challenging period. Power availability in the…
Australian Energy Minister Warns of Challenging Times Ahead
Energy Minister Chris Bowen says Australians will need to brace for a rough couple of months as the country’s energy producers struggle to maintain enough supply for the its electricity and gas needs. Australians in Queensland and New South Wales narrowly averted widespread blackouts due to the energy shortage on June 13. Power availability in…
‘Most Expensive Form of Energy’: Australian Minister Pans Nuclear Power Proposals
June 9, 2022
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Asia & PacificAustraliaBarnaby JoyceBusiness & MarketsChris BowenDavid Littleproudeconomic policiesInternationalnuclear energyPeter DuttonWorld
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The Australian Labor government has struck down an idea to introduce nuclear power into the country, saying it is too expensive and that the “economics don’t stack up.” The response comes as the opposition Liberal-National Coalition steps up pressure for nuclear energy to deal with soaring electricity costs and lowering emissions. Energy Minister Chris Bowen,…
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