THE left and right hands of the hustlers have a bit of trouble finding each other when it comes to the piece of string the Queensland government wants to stretch between the coastal town of Townsville and the inland minig belt of Mount Isa.
The Coalition has confirmed it will not fund the project after appearing to announce it would.
One Coalition frontbencher said supporters of the project had “stretched” an announcement on the project.
In an interview with The North West Star in Mount Isa yesterday, Opposition infrastructure spokesperson Barnaby Joyce (pictured) said the Coalition would not fund the transmission line.
“We are fully supportive of trying to make sure this line gets built. It's $1.7bln but let's be honest, we're not funding it. That's something people should clearly understand,” he said.
Sen Joyce's comments directly contradict an announcement by Liberal National Party (LNP) senator Ian Macdonald.
A press release from his office said “the Coalition has today promised to fund the $1.7bln Clean Energy Corridor”.
LNP candidate for the Townsville-based seat of Herbert, Ewen Jones, also issued a press release announcing he had secured funding from opposition energy and resources spokesperson Ian Macfarlane for the project.
Mr Macfarlane actually announced the transmission line could apply to a new fund the Coalition would set up to fund renewable energy projects.
“What I announced was the CopperString project would be eligible under our $3.2bln direct action plan. But there's not guarantees (it would be successful),"” Mr Macfarlane told The North West Star yesterday.
“Supporters of the project have stretched what I said,” he said.
“We understand it's around $100million (that the project could receive) and on that basis it's well within the possibilities of this scheme.”
Neither Sen Macdonald's or Mr Jones' press releases mentioned Mr Macfarlane's $100m funding figure nor that the project would have to apply to secure funding under a Coalition Government.
Mr Macfarlane admitted his colleagues had gotten the announcement wrong.
There was no ambiguity in Sen Joyce's comments. He said the Coalition would soon release policies that would make financing the project a more attractive option for business.
“You will see proposals coming out in due course, I know because I wrote them, that will be of huge assistance in the financing of this project,” he said.
“People who make money out of it fund it. People who sell power from it fund it. The people who are going to be buying the power off it might want to have a share holding in it.” Full story in June issue of Electrical World magazine.
THE left and right hands of the hustlers have a bit of trouble finding each other when it comes to the piece of string the Queensland government wants to stretch between the coastal town of Townsville and the inland minig belt of Mount Isa.
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The implied base load Calendar 2011 prices rallied in all Australian states over the last week on the electricity futures market according to operator d-cyphTrade.
South Australia had the largest rise adding 38¢ moving from $45.00 to $45.38 followed by Victoria which increased by 2
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QUEENSLAND'S Fraser coast, perhaps better known for its ecologically protected sand dune that is called Fraser Island is to get $4m for solar installations.
Announced yesterday by Premier Anna Bligh, the money will “go to develop the State's first community solar farm and inst
The world's first power plant to use molten salts as the heat transfer fluid and the first in the world to integrate a combined-cycle gas facility and a solar thermal power plant for electricity generation has been opened at Priolo Gargallo (Syracuse, Sicily).
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In our May digital edition we ask why in 2010 people have to live in the dark and we have a special feature titled Solar Power 24/7 edited by Richard Keech and Matthew Wright. New Zealanders are buying up to 30 lightbulbs a month replacing inferior lights and EA showcases successful field days.
NSW electricity cost increases had the largest impact on inflation of any State.
According to the June Quarterfs CPI, electricity has emerged as a major cause of inflation over the past year.
New South Wales's electricity price increases accounted for 14% of the State's 2.9% CPI increase from June 2009 to June 2010.
In NSW, electricity was the largest single expenditure class contributing to that State's CPI increase and helped make electricity the second largest contributor to inflation on a national basis. Victoria stands in stark contrast to NSW. Independent evidence shows that its privately owned electricity networks are lower cost, more efficient and more reliable than in NSW. Reflecting this, the AER has proposed outcomes that would see real network prices in Victoria fall over the next five years but keep the service reliable.
Energy Secretary Steven Chu has announced the US Department of Energy (DOE) has finalized a $117m loan guarantee for Kahuku Wind Power, LLC, the owner and operator of the Kahuku Wind Power project. The project includes the development of an innovative 30 megawatt (MW) wind power plant that will supply electricity to about 7,700 households a year. According to company estimates, the project—located in Kahuku, Hawaii—will create over 200 jobs on the island of Oahu.
A bit of sanity returns. Australia's biggest selling daily newspaper, the HeraldSun, has hit out at Victorian Premier John Brumby's call to close a quarter of Hazelwood power station writing ″he now wants to triple your power bills to go with the soaring cost of your water. The first, thanks to the promise to close part of the Hazelwood power station. The second, because of the government's decision to go for high-cost ~ and energy-intensive ~ desalination over a new dam. That's of course if you could actually get the power and water. Because a Brumby future will guarantee brown-outs and black-outs, as the state's traditionally safe and cheap power is sacrificed on the Dark Green altar of 'climate change'″. Amen Brother.
More news in EW personal edition Click here to subscribe to EW personal edition
In response to growing demand for the NoWarp photovoltaic wire (solder-plated rectangular wire) used in solar cell module conductors, Hitachi Cable, Ltd. will introduce new production equipment at Hitachi Cable (Johor) Sdn. Bhd. of Malaysia, a new production facility to take its place alongside Hitachi Cable Fine-Tech, Ltd. and Hitachi Cable (Suzhou) Co., Ltd. Full-scale operation of the new equipment is slated to get underway in August. In solar cell modules, photovoltaic wire connects the individual cells that make up a solar cell, serving as a conductor that collects the electric power generated. Wire-rolling, wiredrawing, and plating technologies accumulated during years of producing a wide range of wires and cables, Hitachi Cable launched production of photovoltaic wire in 2000. Today, it sells photovoltaic wire under the NoWarp brand name. Representing the mainstream in solar cell modules, crystalline silicon solar cells have been made slimmer in recent years for increased production efficiency. In thinner cells, however, the individual cells are more susceptible to the thermal stress generated when connected to photovoltaic wires, which sometimes results in warp. Photovoltaic wires must be flexible enough to absorb this thermal stress and to resist cell warp. Hitachi Cable's efforts to optimise thermal processing conditions have won NoWarp photovoltaic wire high marks for achieving flexibility while maintaining high electrical conductivity. This wire currently holds a roughly 20% share of the world's photovoltaic wire market.
Stock Prices
Thursday's Australian Electricity price
NSW
39.4927
0.0181
VIC
38.0983
0.1268
QLD
32.1384
00412
SA
48.621
1.1409
Wednesday's New Zealand average
power price. (c/kWh)
NZ
8.0457
0.1711
The Australian S&P/ASX 200 Utilities index took a dive on Thursday falling 48.9 points to end the day at 4162.9.
Getting Iraqis and Afghans on the grid could have helped build peace, but the Americans couldn’t quite deliver . . . Newsweek
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THE left and right hands of the hustlers have a bit of trouble finding each other when it comes to the piece of string the Queensland government wants to stretch between the coastal town of Townsville and the inland minig belt of Mount Isa.
NSW electricity cost increases had the largest impact on inflation of any State.
Energy Secretary Steven Chu has announced the US Department of Energy (DOE) has finalized a $117m loan guarantee for Kahuku Wind Power, LLC, the owner and operator of the Kahuku Wind Power project. The project includes the development of an innovative 30 megawatt (MW) wind power plant that will supply electricity to about 7,700 households a year. According to company estimates, the project—located in Kahuku, Hawaii—will create over 200 jobs on the island of Oahu.
In response to growing demand for the NoWarp photovoltaic wire (solder-plated rectangular wire) used in solar cell module conductors, Hitachi Cable, Ltd. will introduce new production equipment at Hitachi Cable (Johor) Sdn. Bhd. of Malaysia, a new production facility to take its place alongside Hitachi Cable Fine-Tech, Ltd. and Hitachi Cable (Suzhou) Co., Ltd. Full-scale operation of the new equipment is slated to get underway in August. In solar cell modules, photovoltaic wire connects the individual cells that make up a solar cell, serving as a conductor that collects the electric power generated. Wire-rolling, wiredrawing, and plating technologies accumulated during years of producing a wide range of wires and cables, Hitachi Cable launched production of photovoltaic wire in 2000. Today, it sells photovoltaic wire under the NoWarp brand name. Representing the mainstream in solar cell modules, crystalline silicon solar cells have been made slimmer in recent years for increased production efficiency. In thinner cells, however, the individual cells are more susceptible to the thermal stress generated when connected to photovoltaic wires, which sometimes results in warp. Photovoltaic wires must be flexible enough to absorb this thermal stress and to resist cell warp. Hitachi Cable's efforts to optimise thermal processing conditions have won NoWarp photovoltaic wire high marks for achieving flexibility while maintaining high electrical conductivity. This wire currently holds a roughly 20% share of the world's photovoltaic wire market.
