Archived News for Energy Sector Professionals

Legislation amending the Environment Protection and Biodiversity Conservation Act 1999 (the EPBC Act)to establish an Independent Expert Scientific Committee on Coal Seam Gas and Large Coal Mining Development has been referred for inquiry to the Senate Standing Committees on Environment and Communications.

Australians are paying more and more for electricity, with the country already facing one of the highest prices in the developed world, according to the Australian Electricity Prices: an International Comparison.

The Australian energy Market Operator (AEMO) has released findings that that a changing economic landscape, a more energy-conscious public, the impact of rooftop solar photovoltaic installations and milder weather have all contributed to lower than forecast electricity demand across eastern and south eastern Australia.

The Australian Government has awarded a $1.9 million grant to National ICT Australia (NICTA) Ltd's  $5 million project to provide enhanced data for targeted geothermal exploration as part of the Australian Centre for Renewable Energy (ACRE) Emerging Renewables Program.

Researchers from The University of Queensland (UQ) and Korea have combined their expertise in polymer patterning and materials science in a bid to develop new-generation solar cells.

UQ's Australian Institute for Bioengineering and Nanotechnology (AIBN) Director, Professor Peter Gray, has signed a memorandum of understanding with Yonsei University in Seoul, Korea.

It will allow AIBN Professor Ajayan Vinu's research group to work closely with Yonsei Department of Chemical and Biomolecular Engineering, Professor Eunkyoung Kim, and School of Advanced Materials Science and Engineering, Professor Cheolmin Park.

Professor Vinu said the collaboration would encourage “the creation of new science and new products”, including efforts to improve the efficiency of solar cells.

He said AIBN would bring expertise in materials science, particularly Prof Vinu's work on and porous semiconducting and bio-nanomaterials.

Yonsei researchers would match this expertise with their knowledge of polymer patterning and fabrication.

“We can't all be experts in every field. That is why we are collaborating with these experts in this field,” Professor Vinu said.

“We have expertise in the fabrication of porous functionalised semiconducting nanostructures that will maximise quantum efficiency of dye sensitized or organic solar cells, while the Yonsei researchers have know-how in designing the various types of solar cell device.

“The fusion of materials development and device fabrication can help us to achieve a new solar cell technology or product with a low cost, which is going to make a huge revolution in the solar industry.”

Beyond collaborating on research, the bond between AIBN and Yonsei includes joint conferences, student exchanges and plans for a joint lab in Korea.

AIBN will host the third joint International Conference on Emerging and Advanced Nanomaterials in Brisbane from October 22-25.

The institute has welcomed visiting Korean student Sehwan Kim to the Vinu research group for a three-month internship.

The institutes also had a collaboration with the National Institute for Materials Science – the number one materials institute in Japan.

Sydney has been chosen as the location for the Clean Energy Finance Corporation.

The value of Australia’s resources and energy exports in 2011 increased by 15 per cent from the previous year to a record $190 billion, according to the Resources and Energy Statistics December quarter 2011 report released today by the Bureau of Resources and Energy Economics (BREE).

The Western Australian Government has given final approval for a rail and power supply project in the Pilbara estimated to be worth more than $400 million, and which is expected to generate 600 jobs in the region.

The Australian Green Infrastructure Council has launched the nation’s first national scheme for rating infrastructure sustainability. The rating system has been developed co-operatively with many of the AGIC’s membership organisations.

The Coalition has announced it  will introduce a Private Member’s Bill into Parliament in the next sitting fortnight that will require the Gillard Government to commit to the remaining funding allocated for the Solar Hot Water Rebate Scheme ($64.5 million in 2011-12).

The Australian Energy Market Commission (AEMC) has issued a directions paper on rule change requests from the Australian Energy Regulator (AER) and a group of large energy users (EURCC).

Research at RMIT University has demonstrated the feasibility of capturing some of the vast energy reserves in the upper atmospheric winds, a significant advance for wind power technology.

University of Wollongong scientists are behind the establishment of a global consortium which is using sunlight to convert water into important chemical fuels such as hydrogen gas.

A new book by University of Melbourne scientist Professor Peter Cook calls for Australia to make the most of its advantages in clean energy technologies, especially solar, geothermal and carbon capture and storage (CCS).

Twenty Victorian councils have recorded savings in electricity and gas costs as a result of a four-year agreement that locked in highly competitive prices.

The Parliamentary Secretary for Climate Change and Energy Efficiency, Mark Dreyfus, announced on February 28 that on 30 June 2012, the Renewable Energy Bonus Scheme will close.

The Government has provided over $320 million under the Renewable Energy Bonus Scheme to help more than 250,000 Australian households replace older, more carbon polluting hot water systems with renewable alternatives.

To be eligible for the rebate before the scheme closes, systems must be installed, ordered (and a deposit paid) or purchased on or before 28 February 2012.

Applications lodged up to 30 June 2012 will continue to be processed. Applications received after 30 June 2012 will not be eligible.

For information on REBS visit:  www.climatechange.gov.au/solarhotwater.

The Bureau of Resources and Energy Economics (BREE) has released its latest report,  Energy in Australia 2012, providing a detailed overview of energy in Australia, including resources, production, consumption, trade and prices.

The Minister for Climate Change and Energy Efficiency, Greg Combet, has announced that regulations to establish the Jobs and Competitiveness Program under the Clean Energy Act 2011 are now in place.

Oil refiner Caltex has posted a $714 million loss in its annual operating revenue, recording a drop by 325 per cent on the last year.

Apache Energy’s Devil Creek Gas Plant has been officially opened by the Premier of Western Australia and Minister for State Development, Colin Barnett.

The Devil Creek development, located in the northwest of Western Australia, represents an investment of approximately AUS$1.1 billion by Apache and its joint venture partner, Santos (Apache 55%/Santos 45%).

It includes the Reindeer gas field, wellhead platform and raw gas pipeline, the Devil Creek Gas Plant and the Devil Creek Sales Gas Export Pipeline that ties into the Dampier to Bunbury Natural Gas Pipeline.

The Devil Creek Gas Plant is a two-train facility designed to process 200 million cubic feet of gas per day (220 Terajoules of gas per day) and 1,000 barrels per day of condensate. There is sufficient land within the existing plant for expansion of gas processing facilities.

"Devil Creek and the Reindeer Field demonstrate Apache's commitment to Western Australia as a key element in our global portfolio," G. Steven Farris, Apache Corporation's chairman and chief executive officer, said. "The Carnarvon Basin has significant resources yet to be discovered, and it will be a focus of Apache's exploration activities for many years."