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Friday, September 30th, 2016      Leave a Comment
A number of themes have arisen following the South Australian blackout. To put them all in perspective requires a focus on addressing climate changeA South Australian power price shock in July and a state-wide blackout in September provided fertile ground for those who live by the motto: never waste a good crisis
UKGuardian Unlimited via Guardian Unlimited
2016-09-30 02:21:06
Tuesday, September 27th, 2016      Leave a Comment
PARIS (Reuters) - European spot electricity prices for day-ahead delivery tumbled on Tuesday on the back of a sharp jump in wind power supply in Germany and a fall in demand in France, while forward power prices retreated from previous-day highs as crude oil fell.
UKReuters via Reuters
2016-09-27 06:57:23
Sunday, September 25th, 2016      Leave a Comment
In the wake of South Australian price rise, the Grattan Institute calls on governments to explain that the transition to renewables is coming, with costs attachedHuge spikes in wholesale electricity prices in South Australia in July show stable, nationally consistent climate policy must urgently replace “unmanageable uncertainty” for energy market investors, according to a new analysis by the Grattan Institute
UKGuardian Unlimited via Guardian Unlimited
2016-09-25 16:55:30
Monday, September 19th, 2016      Leave a Comment
LONDON (Thomson Reuters Foundation) - Turning a blind eye to climate change will come at a price the world can no longer afford to pay, the director of a documentary produced by Hollywood star Leonardo DiCaprio said on Monday.
UKReuters via Reuters
2016-09-19 09:22:42
Sunday, September 18th, 2016      Leave a Comment
TORONTO (Reuters) - Canada will impose a carbon price on provinces that do not adequately regulate emissions by themselves, Environment Minister Catherine McKenna said on Sunday without giving details on how the Liberal government will do so.
UKReuters via Reuters
2016-09-18 16:24:22
Tuesday, August 23rd, 2016      Leave a Comment
BRUSSELS (Reuters) - The European Commission on Tuesday reimposed anti-dumping duties on three Chinese exporters of solar modules and cells citing breaches to terms of an agreement they had reached with Brussels not to sell below a minimum price.
UKReuters via Reuters
2016-08-23 01:59:58
Wednesday, August 17th, 2016      Leave a Comment
Analysis of temporary jump in prices in South Australia showed generation capacity far exceeded demand, pointing to market manipulation
Fossil fuel electricity generators in South Australia withheld their supply to push up prices and reap bigger profits, according to an analysis of the causes behind the extremely high prices there in early July
UKGuardian Unlimited via Guardian Unlimited
2016-08-17 15:30:13
Sunday, August 14th, 2016      Leave a Comment
Body says, with government reviewing £18.5bn project, benefits of renewables such as offshore wind should be looked atThe crown estate has waded into the battle over Hinkley Point, pointing out that offshore windfarms are already being built at cheaper prices than the proposed atomic reactors for Somerset
UKGuardian Unlimited via Guardian Unlimited
2016-08-14 08:38:46
Wednesday, August 10th, 2016      Leave a Comment
Analysis finds fossil fuel generators may have withheld electricity at ‘strategic’ times and got an additional $30.3m windfallHuge spikes in wholesale electricity prices in South Australia have been a result of energy companies “gaming” the system and exploiting their unusual market power to charge “monopoly rents”, according to an in-depth report by the Melbourne Energy Institute
UKGuardian Unlimited via Guardian Unlimited
2016-08-10 23:33:42
Tuesday, August 9th, 2016      Leave a Comment
LISBON (Reuters) - Portugal is set to begin phasing out support for utilities generating renewable power, a top government official said, as Lisbon tackles high electricity prices that are hampering efforts to bolster its struggling economy.
UKReuters via Reuters
2016-08-09 07:46:14
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Thursday, August 4th, 2016      Leave a Comment
NEW YORK/SAO PAULO (Reuters) - U.S. ethanol plants and traders are rushing to sell biofuel to Brazil as tightening supplies and logistics in the South American market give the world's top producer a rare opportunity to ship south during the peak sugar cane harvest, sources said. U.S. ethanol plants are pumping out a record 1 million barrels per day taking advantage of cheap and plentiful corn feedstock, pushing domestic prices to three-month lows
UKReuters via Reuters
2016-08-04 10:54:20
Sunday, July 31st, 2016      Leave a Comment
New minister Josh Frydenberg backs transition to renewables, despite campaign blaming them for price spikes
Last week Australia watched as a concerted campaign waged in sections of the media went bust.
For two straight weeks a barrage of articles were published seeking to primarily blame unusually high electricity prices in South Australia on the state’s reliance on wind
UKGuardian Unlimited via Guardian Unlimited
2016-07-31 22:32:37
Thursday, July 28th, 2016      Leave a Comment
This project will suck up billions that ought to be invested in reducing demand and developing renewablesThe French energy giant EDF today finally decided to go ahead with Hinkley C . It may be a disaster for the largely state-owned company. If the British government now gives the nod to the first round of subsidies, it will surely be a disaster for British energy policy
UKGuardian Unlimited via Guardian Unlimited
2016-07-28 13:54:40
Wednesday, July 20th, 2016      Leave a Comment
The high prices in South Australia should serve as a warning to all. This is what happens when climate change policy is not aligned with energy sector policy
Recent news reports highlighting that the price of generating electricity in South Australia has increased three to four times its historic levels have left politicians, commentators and renewables advocates in an agitated state
UKGuardian Unlimited via Guardian Unlimited
2016-07-20 20:43:18
Monday, July 18th, 2016      Leave a Comment
Nick Xenophon says there are ‘legitimate questions’ about the renewable energy mix after South Australian price shocksSurging electricity prices in South Australia have sparked calls for a national inquiry into renewable energy and whether the electricity market is coping with the influx of wind and solar
UKGuardian Unlimited via Guardian Unlimited
2016-07-18 22:46:20