Australian Energy Market

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Re: Australian Energy Market

Postby Lefty » 12 Mar 2017, 07:38

Fuck, why can’t enough useless/clueless Lib back–or front–benchers die so we have enough bielections to change the govt?

:bgrin :bgrin :bgrin
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Re: Australian Energy Market

Postby Lefty » 12 Mar 2017, 07:48

Yup, the coalition are completely addicted to the neo-liberal approach - and if that approach as applied to energy policy does not change course soon, there are going to be serious repercussions for Australia. We can't go on with the fate of our economy and the wellbeing of our people left in the hands of a small group of extraordinarily wealthy individuals (mostly residing elsewhere in the world) who literally do not care if we live or die.

The idea that such a situation is acceptable should be punishable by firing squad.
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Re: Australian Energy Market

Postby HBS Guy » 12 Mar 2017, 09:42

Abbott & Co are going to cause the mother and father of all recessions—be prepared!
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Re: Australian Energy Market

Postby Lefty » 13 Mar 2017, 06:25

Renewables have bugger all to do with the problem - one of the main contributers is the massive LNG edifice sitting just across the harbour from me up here.

Whoever believed that one of the main streams of lifeblood for a modern nation - energy security - could be just flogged to the (nowdays multinational) private sector and that the self-interest of these entities would ensure the best possible outcome for everyone should be taken out the back and shot after being paraded through the streets with a huge "Dumbkopf" sign over their heads.

As one of the biggest threats to our country probably since the outbreak of WW2 emerges, watch Turdfull move with blinding speed to do nothing meaningful about it. Watch him fiddle while Rome burns.
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Re: Australian Energy Market

Postby HBS Guy » 13 Mar 2017, 06:43

Fiddle while Canberra burns you mean. Yup, useless as tits on a bull is Turdfull!
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Re: Australian Energy Market

Postby HBS Guy » 13 Mar 2017, 09:39

The prime minister is under mounting internal pressure to adopt a domestic gas reservation policy to deal with forecast shortages.

https://www.theguardian.com/australia-news/2017/mar/13/coalition-colleagues-urge-malcolm-turnbull-to-head-off-energy-crisis

Of course, Turdfull will do his usual impression of a rabbit in the headlights and do nothing.
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Re: Australian Energy Market

Postby Lefty » 14 Mar 2017, 06:53

Looks like your state govt might be getting ready to move soon, not waiting for Turdfull to keep doing nothing.....

The South Australian government is set to intervene in the gas market to safeguard its own energy security as part of a sweeping overhaul of energy policy to try to curb soaring electricity prices and deliver better reliability, sparking concerns about a potential unravelling of the national gas market.

…The South Australian government is also set to use a new long-term power contract for 75 per cent of its own agencies’ electricity needs as a driver of more competition in electricity supply in the state, and is also likely to bring in more incentives to accelerate the extraction of gas out of the ground by companies.

…The national electricity market wasn’t delivering certainty for the state and it needed to act to stop being “at the mercy” of what he called a “broken” national electricity system…”Our intervention will be dealing with a number of forms of intervention and of course gas is going to be key,” he told reporters on Monday in Adelaide.

EnergyQuest consultant Graeme Bethune has suggested that in theory the South Australian government could intervene to stop Cooper Basin gas flowing to LNG projects in Gladstone and direct that gas instead be sold to a government-controlled gas-fired generator in SA. But the South Australian government has ruled out buying the gas-fired Pelican Point power station from French firm Engie which was at the centre of a political storm in early February when the plant lay idle as the national market operator forced power cuts on 90,000 households and businesses. The state government may move, however, to ensure that enough gas is preserved for vital baseload power generation to prevent a repeat.


http://www.macrobusiness.com.au/2017/03/sa-seceds-energy-nothing-nothing/

A decent first step.

But there is only one solution longer term to the problem of having turned what cannot function as anything other than a single, integrated sytem into a ridiculous mish-mash of individual profit-seeking firms, each with no real obligation to all the other crucial links in the delivery chain nor to the country who depends on what they are supposed to deliver - re-nationalize.

Ok, they were individual state-owned grids when the neo-liberal sickness took hold, there was no NEM at the time.

Further problems I suspect will come when the states start to intervene to ensure their people and industries have reliable, affordable power and private energy utilities decide that they don't want to be there if they can no longer gouge millions of people - and exit the field, forcing government to buy back the whole thing.

Some things should never be privately owned in the first place!
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Re: Australian Energy Market

Postby HBS Guy » 14 Mar 2017, 06:58

I would have sued and sued the private power operators. Those transmission towers folded all too bloody quickly, not enough steel in them, not enough cement to anchor them! Sue until they give the grid or power station back.

But reserving Cooper Basin gas for SA is going to set the cat amongst the pigeons. Turdfull might have to say he will take action.
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Re: Australian Energy Market

Postby HBS Guy » 14 Mar 2017, 09:53

Some articles on the energy market fuckup:

According to another report from the Grattan Institute the failure of Australia’s electricity market has triggered a call for government intervention since deregulation has fattened profit margins of power companies but left many households worse off.

http://www.smh.com.au/business/household-ripoffs-trigger-call-to-reregulate-electricity-20170312-guwmze.html


Michael West tells us in a detailed article that it is bizarre that gas customers in Japan buy Australian gas more cheaply than Australians. Some of this gas is drilled in the Bass Strait, piped to Queensland, turned into liquid and shipped 6,700 kilometres to Japan … but the Japanese still pay less than Victorians.

http://www.michaelwest.com.au/gas-the-crisis-of-guile-and-greed/


And the ACCC has chimed in warning that gas shortages have made manufacturing almost “impossible” and LNG exporters should take action to help resolve the supply crisis.

http://www.smh.com.au/business/energy/gas-shortages-make-manufacturing-impossible-accc-20170313-guwwac.html

(From PBX, BK’s “Dawn Patrol”)
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Re: Australian Energy Market

Postby Lefty » 14 Mar 2017, 13:21

Some pertinent articles there.

Some take-aways....
*privatisation and de-regulation has NOT delivered cheaper, more efficient power to Australian households, business and industry - rather, it has done the opposite.

*gas is not just for powering the grid, a huge swathe of jobs and industry rely on it as a raw material input and all of that is under threat because we have allowed a gas-exporting cartel to come to control everything.

*there is no actual gas shortage, we've never been extracting so much of the stuff. It's simply all being hoovered up for export by the cartel. Because of this, simply reversing the bans on fracking are unlikely to help much - the cartel would simply grab that gas and export it.

Whatever we're going to do, we'd better do it fast! That does not include moving with dazzling speed to do nothing - like our Turdfull.
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Re: Australian Energy Market

Postby Lefty » 14 Mar 2017, 13:24

South Australian government's six point plan to deal with the crisis......

BUILDING a State Government-owned, fast start gas-fired power station that can come on when the market does not provide enough energy to keep the lights on. It is expected to cost about $360 million. No site has yet been selected. It would be 250MW, enough to deliver close to 10 percent of SA’S peak demand.

SUPPORTING construction of Australia’s biggest battery as part of a $150 million spend on a new renewable technology fund.

ENCOURAGE the construction of a new privately-owned power station using a Government bulk buy power contract.

INCENTIVISE the extraction of more gas for use in SA power stations, through a taxpayer-backed exploration fund.

GIVING the SA energy minister powers to over-ride other regulators and force power stations to fire up in times of need.

CREATING an “energy security target”, which requires retailers to buy 36 percent of their power from baseload sources in SA.

“The State Government recognises the need to have our own back-up generation in place to serve the needs of the SA public,” Mr Koutsantonis said.

Mr Koutsantonis stressed that the 250MW gas-fired station will not participate in the national market, rather it will be switched on when local demand is forecast to outstrip supply.

“We are not competing with AGL, Origin, and the other retailers. What we are offering is back-up generation as part of an emergency response.

Expected to cost around $350 million, the procurement process is expected to commence in the near future.

Macrobusiness - link appears protected.
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Re: Australian Energy Market

Postby HBS Guy » 14 Mar 2017, 14:44

I have been out, want to read up on this.
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Re: Australian Energy Market

Postby HBS Guy » 15 Mar 2017, 07:44

SA plan:

Google “/business/energy/electricity/south-australia-announces-550m-energy-plan-20170312-guwnuq”

Feds are upset, awwwww.

https://theconversation.com/south-australias-energy-plan-gives-national-regulators-another-headache-74541

The Conservation is sulking about a State going it alone, threatening the NEW. So fucking what, blackouts are no fun and a blackout in summer heat caused by a mob deciding not switching on a gas generator gives more profit is life threatening for the very young and the very old. The conversation does not talk about the complete policy failure by the fed Libs who surely have been placing ideology before the nation’s electricity needs and the need to reduce emissions.


The plan:
http://ourenergyplan.sa.gov.au/assets/our-energy-plan-sa-web.pdf

I doubt anyone can argue with the intro by Weatherill:
MESSAGE FROM JAY

The national energy market is failing South Australia and the nation.
Our country, with its abundance of solar, wind and gas resources, is
now facing an energy crisis.

We also have a system that puts profits before people.

While coal-fired power stations across Australia are shutting down, an
absence of coherent national energy policy and ideological attacks on the
renewable-energy sector have led to under-investment in much-needed
new energy sources.

The privatisation of our State’s energy assets has placed an enormous
amount of power in the hands of a few energy companies.


Fucking useless abbott, trying to turn back the clock by reducing the RET really started the rot, huge investments and jobs lost. Jay is getting shit thrown at him by Frydenburg and others but I reckon his plan will be accepted by SA electorate.

In comments someone pointed out another way the govt owned gas plant can root the privatised network, just occasionally firing up and bidding low prices when the privatised network is bidding high. Man, that could really fuck up some plans :OMG

The point about coal fired generators shutting down is spot on, too. Hazlewood is the first not the last to close!
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Re: Australian Energy Market

Postby Lefty » 15 Mar 2017, 07:45

There's another article at Macrobusiness this morning that looks interesting but the site appears to have moved to completely protect all content from either being linked to or copied so you'll have to actually go there.

The article is called "Do-nothing Malcom tasers self with SA electricity".

Basically, it appears that Turdfull wants to try and take legal action to stop South Australia from taking action to ensure electricity and gas supplies to it's own households and industries.

Seems it's more politically important to him to maintain the laughable defence that the NEM is working well for the country than it is for millions of people to have reliable electricity and for large numbers of jobs to not be threatened by the actions of a cartel that extracts a valuable, non-renewable resource belonging to sovereign Australian states and gives back virtually nothing in return.

He must protect the idea of the NEM as it stands today. He must protect the fashionable consensus of neo-liberalism.
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Re: Australian Energy Market

Postby HBS Guy » 15 Mar 2017, 08:11

Will have a look.

http://www.macrobusiness.com.au/2017/03/nothing-malcolm-tasers-self-sa-electricity/

Rather than work with SA on its new energy plan, the truly idiotic Do-nothing Malcolm Government is calling the lawyers, via The Australian:

The Turnbull government is seeking legal advice on whether the South Australian government’s decision today to “go it alone” on energy policy constitutes a breach of national electricity market rules.

Energy Minister Josh Frydenberg described South Australian Premier Jay Weatherill’s policy, announced earlier today, as a “$550 million admission of failure”.

“Going it alone created South Australia’s problems and going it alone won’t fix South Australia’s problems,” he said

“In fact, the measures announced today will only increase electricity prices for South Australians. It has the potential to increase prices for Victorians, for people in New South Wales and in Tasmania.

“We are seeking advice on whether the decision today by South Australia to go it alone is in breach of the national electricity market rules which has kept the system together for the last 20 years.”


Ideology über alles, as usual.
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Re: Australian Energy Market

Postby HBS Guy » 15 Mar 2017, 08:15

Have to take dog for walk, go see the quack then a few other things, will report more this afternoon.
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Re: Australian Energy Market

Postby Lefty » 15 Mar 2017, 16:47

Some murmers that the commonwealth may posses the power to confiscate natural resources from the states under corporations powers.

Dunno, were getting into the heavy legal nitty-gritty here. Workchoices was enacted by the commonwealth under the corporations powers but the individual states - all Labor at the time - managed to override that when it came to their own state employees and those covered by state awards.

The stupidity of attacking the well-being of millions of voters beggars belief.
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Re: Australian Energy Market

Postby HBS Guy » 15 Mar 2017, 19:06

Yup, feds control interstate commerce, not intrastate.

This collection of thugs and spivs have been harming people since they were first elected in 2013.
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Re: Australian Energy Market

Postby Lefty » 16 Mar 2017, 07:12

Hmm - good rain on Tuesday night, 3 inches...hooray!! :purple Unfortunately, we just discovered yesterday evening that at least one bolt from the spectacular lightning storm that accompanied it must have struck the house or the ground outside and fried our landline phone - there is no internet (computer, modem etc all working fine), no telephone signal and even no free-to-air tv. Hopefully the technicians will have us sorted within a day or two.

Anyway, as expected Turdfull appears to have done nothing meaningful and what I saw on pay tv (which still works, go figure :b ) last night had the appearance of a media stunt. Trying to look like he's getting tough with the gas companies, meh :nah :nah :nah

He claims to have secured a commitment from two of the cartel members to make more gas available at peak demand times - this will accomplish precisely nothing.

If the they continue to set the price they will only make it available at a high price which will feed into utility costs. Further, the privatized mish-mash of companies controlling the electricity system are not under any obligation to provide power when needed even if gas is available - the system is fundamentally broken.

And it will do nothing to help the domestic manufacturing industries directly dependent on gas which provide nearly a quarter of a million jobs.

Turdfull - an appropriate name!
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Re: Australian Energy Market

Postby HBS Guy » 16 Mar 2017, 10:09

Used to call the guy Waffles/Truffles but the Centerlink debacle, the one known resultant suicide decided me only one name was appropriate, Turdfull.
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Re: Australian Energy Market

Postby HBS Guy » 16 Mar 2017, 11:42

The idea of a shortage in Australia — the largest gas exporter in the world — is an “absurdity”, according to energy analyst Bruce Robertson of the Institute for Energy Economics and Financial Analysis.

“We are swimming in gas, the idea that we cannot provide for our own population is just a total failure of our energy policy,” Mr Robertson told news.com.au


http://ieefa.org/awash-natural-gas-australia-shortage/
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Re: Australian Energy Market

Postby Lefty » 16 Mar 2017, 12:45

Hah! Weatherill has just torn Frydenburg a new one on national tv, going ballistic at him over the fed coalitions pathetic failure of an energy non-policy! :purple
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Re: Australian Energy Market

Postby HBS Guy » 16 Mar 2017, 14:24

Saw some of that. Jay has unexpected depths!
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Re: Australian Energy Market

Postby Lefty » 20 Mar 2017, 08:45

Image
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Re: Australian Energy Market

Postby HBS Guy » 20 Mar 2017, 09:05

Yup!

I think WA showed people have had a gutful of neoconservatism!
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