Page 7 - Mt Piper News Today

4 March 2021 Earlier this week we learned from The Guardian that the federal government has established a “myth-busting unit” to address what health minister Greg Hunt calls “plainly ridiculous” misinformation and conspiracy theories surrounding the rollout of the Covid-19 vaccine in Australia. Good idea. And it occurred to us that maybe the federal government should also create a similar unit focused on climate and energy. But it had better be well-resourced, because it’s going to ...

Analysts say the renewables boom is killing coal, prompting community groups to call on the Victorian government to start planning for Yallourn's shutdown now.

Renewable energy boom could force coal power to close early, says new report WedWednesday 24 AGLs Bayswater power station in the NSW Hunter Valley ( Share Print text only Cancel An analysis of Australias energy market has found a number of the nations coal-fired power stations could be financially unviable by 2025 and at least one may be forced to close early. Key points: Coal-fired generation will drop by 28 per cent Industry acknowledges increasing pressure The joint report by the Institute f...

At the current rate of renewable energy growth, coal power stations could shut four or five years earlier than their rated lifespan, Energy Security Board chairwoman Kerry Schott says.

S&P/ASX 200 breaks above 6,800 for the first time since late February 2020 Brent crude oil price gained 40 cents to US$56.30 a barrel on expectations that U.S. President Joe Biden’s administration will deliver a massive stimulus spending that will lift fuel demand. Australia’s unemployment rate came in at 6.6% in December. S&P/ASX 200 (INDEXASX:XJO) is rising for a third consecutive day with the index 0.68% higher at 6,816 points by 1.51 pm and breaking above the 6,800 point mar...

April 13, 2021 You are here: Home / Australia / No Contest: Never Reliable Wind & Solar Can’t Compete with Ever Reliable Coal-Fired Power No Contest: Never Reliable Wind & Solar Can’t Compete with Ever Reliable Coal-Fired Power Then, along came coal-fired power, and they were history.   Renewables acolytes have been massaging the numbers for years, in an attempt to show that wind and solar power are the cheapest of all. The standard bag of tricks includes ignoring the capital cost of havi...

Gold-copper explorer makes ASX debut Torrens Mining has made its first appearance on the ASX this week after raising $10 million to progress its gold and copper exploration in Australia and Papua New Guinea. The Australian-based explorer holds gold, copper and cobalt prospects in the Victorian Goldfields and Elizabeth Creek in South Australia, along with a pending exploration license at the Laloki copper-gold project in Papua New Guinea. The company raised $10 million through issuing 50 million...

Coal generation drops to lowest ever in modern power grid Share Coal generation fell to its lowest level in the history of the modern power grid last year, as cheaper solar and wind generation surged and coals retreat was exacerbated by maintenance and outages in NSWs coal fleet. The development marks another milestone in the evolution of the modern eastern states National Electricity Market from a centralised grid dominated by huge thermal generators to a decentralised grid with a constantly c...

Date Time Discover something new in Mitchell The many treasures of Mitchell Shire will take centre stage in a new tourism marketing campaign launched this week. The Discover Mitchell initiative by Mitchell Shire Council welcomes visitors to the region with the easing of COVID restrictions. The campaign invites visitors to discover something new, just an hour away from Melbourne. It builds on the Victorian Government promotion to encourage people to stay and travel within regional Victoria. The ...