Archived News for Energy Sector Professionals
Researchers from the University of Queensland (UQ) are working with the North Queensland Bulk Ports Corporation (NQBP) to create an Australian first “advanced technology” coal terminal Dudgeon Point on the Central Queensland coast.
Researchers from UQ's Global Change Institute and School of Economics Energy Economics and Management Group will help NQBP identify suitable sites for introducing possible solar, wind and tidal energy plants at the proposed Dudgeon Point coal terminals, south of Mackay. The research group will also advise on potential technologies that can be deployed on the identified sites.
As well as identifying possible deployment sites for the new advanced energy technology, the research team will investigate the potential for developing a renewable energy market within the region. This includes assessing economic, environmental and social issues which may arise, and how the increased energy supply may be utilised to optimise outcomes for all stakeholders.
QUT's new microscope to boost local solar research
A new, $1.5 million nanotechnology microscope is being used by researchers at the Queensland University of Technology to assist in the development of cheap, plastic solar cells to be used in charging mobile appliances.
Geothermal energy could power Australia for 50,000 years
The Northern Territory possesses enough potential geothermal power reserves within 5 kilometres of the surfrace to power to meet Australia’s current annual energy demand for 50,000 years.
Carbon Energy rights issue falls short
Gasification developer Carbon Energy’s rights issue has raised $8.2 million – a $2.2 million shortfall on the capital raising.
Carbon Energy this week announced it had received applications for 68.7 million shares for a total value of $8.2 million under the 1 for 8 non-renounceable rights issue.
This represents a takeup of 79 percent by shareholders.
The Brisbane-based company said it anticipated placing the shortfall in the next three months, lifting the gross proceeds to $10.4 million.
Funds raised are additional to the $10 million convertible loan facility between Carbon Energy and Pacific Road Capital.
Carbon Energy was incorporated in 2006 as a joint venture between Metex and the CSIRO and Others to develop and commercialise the underground gasification of coal deposits.
The company’s aim is to build a world-class business that produces clean energy and chemicals from UCG Syngas.
Gas and wind drive electricity generation development
Statistics released by the Bureau of Resources and Energy Economics show that power station development has stalled, with just two projects — both windfarms — worth $488 million completed in the 12 months to October.
Australia Pacific LNG and Kansai Electric sign 20 year agreement for LNG supply
Australia Pacific LNG Pty Limited (Australia Pacific LNG) and The Kansai Electric Power Company (Kansai Electric) have signed a binding Heads of Agreement for the sale and purchase of approximately 1 million tonnes of LNG per year for 20 years.
World Energy Council ranks energy and climate policies
Australia's energy policy has ranked 22nd in the World Energy Council's Policies for the Future assessment of global energy and climate policies.
World Energy Outlook 2011 report released
Without a bold change of policy direction, the world will lock itself into an insecure, inefficient and high-carbon energy system, the International Energy Agency warned as it launched the 2011 edition of the World Energy Outlook (WEO). The agency‟s flagship publication said there is still time to act, but the window of opportunity is closing.
SMART Infrastructure Facility launched
The University of Wollongong will produce world-class research and teaching in infrastructure development with the opening of its new $62 million SMART Infrastructure Facility.
Tasmanian wind farm bidders announced
Bidders have emerged for the wind farms being sold by Hydro Tasmania.
Origin Energy exercises carbon sink options
Origin Energy has confirmed it will exercise around $30 million of planting options with carbon forest sink company Carbon Conscious.
CSG under fire as damning report suppressed
A report that 'thoroughly dismantles' the claim that coal seam gas is a clean energy source has allegedly been suppressed by the company that was contracted to publish it.
DPI searches for Victorian CCS potential
The Department of Primary Industries has conducted an airborne gravity survey along the Victorian Gippsland coast as part of ongoing research into the viability of a large-scale carbon capture and storage facility in Victoria.
Australian technology used to cut power waste
Technology developed in Australia will be used to cut the emissions of a 25-year-old building by an estimated 80 per cent, following a $5 million energy efficiency upgrade.
Queensland completes Powerlink
Queensland's new $22 million Powerlink substation has been completed, with the State Government lauding the completion of the project which will supply power to the State's fastest growing regions.
New UQ centre to focus on CSG
The University of Queensland has announced plans to establish a new centre of excellence within the Sustainable Minerals Institute for research and education into coal seam gas.
Geothermal collaboration brings a New World to Green Rock
Green Rock Energy and New World Energy have signed a binding agreement to jointly develop both companies' geothermal exploration permits (GEPs) in the North Perth Basin in the Mid West region of Western Australia.
Cooper Energy rejects new board
A Cooper Energy shareholder vote has narrowly voted down a motion to install Edward Smith and Bernard Crawford as directors of the company.
WA receives appeals against Vasse Coal recommendations
The Western Australian Minister for Environment Bill Marmion has received an independent Appeals Committee report against the Environmental Protection Authority’s (EPA) recommendations against the Vasse Coal proposal.
$6.6 billion Kevin's Corner project EIS released
The Queensland Government has released the environmental impact statement (EIS) for the $6.6 billion Kevin's Corner coal mine project for public comment.
Work to begin on WA hybrid plant
The Western Australian Government has announced that work is set to commence on the new state-of-the-art power plant that will supply renewable energy to the Australian Square Kilometre Array Pathfinder – and potentially the $2.5 billion Square Kilometre Array project.