Archived News for Energy Sector Professionals - October, 2011
The first Environmental Upgrade Agreement has been signed under the City of Melbourne’s 1200 Building Program, opening the doors for significant investment in retrofitting Melbourne’s commercial building sector.
The signing between the City of Melbourne, Sustainable Melbourne Fund and building owner Varga Brothers will fund a $400,000 retrofit of 460 Collins Street that will result in a reduction of approximately 170 tonnes of CO2-e per year.
The funds will allow for the installation of an energy efficient chiller unit and building management system upgrade.
Reserve Bank board member Jillian Broadbent will lead an expert review panel to advise the federal government on the design of its $10 billion Clean Energy Finance Corporation.
The Department of Resources, Energy and Tourism has published a discussion paper on large-scale deployment of solar power in Australia following a roundtable held earlier in the year.
Recruitment specialist Hays has published its Quarterly Report – October 2011, finding that energy professionals with experience in substation design and candidates with experience in the resources industry top the list of skills in demand as job vacancies rise in many areas.
Plans for the CopperString 1,000 km transmission line from Townsville to Cloncurry in north-west Queensland have been thrown into doubt by an announcement by Xstrata that it will obtain its power from the new gas-fired Diamantina Power Station under a 17-year contract with the Diamantina consortium.
ENERGEX has completed its $17 million multi-stage upgrades that will aim to greatly enhance power supplies along the Brisbane River, covering the Australia TradeCoast region.
Origin Energy has taken a further step in securing funding requirements for its APLNG project in Queensland after raising $US500 million ($A513 million) in the US market through a senior unsecured notes offering.
The Victorian Government has announced $500,000 in funding for the creation of the new centre for Geological Carbon Storage to support the emerging Carbon Capture and Storage (CCS) industry.
Australian exporters have recorded a trade surplus of $3.1 billion in August – the second highest on record – as well as experiencing the highest exports to Asia on record.
Global CCS Institute has published its annual report, titled The Global Status of CCS: 2011, surveying 74 large-scale integrated carbon capture and storage (CCS) projects from around the world.
The Contract for Closure Program aims to support the closure of around 2,000 megawatts of highly emissions-intensive electricity capacity by 2020. Under the scheme, eligible generators can seek payment from the Government as part of a competitive tender process to retire their operations by an agreed date and will remain as a voluntary process.
Ausgrid has announced that new technology and pricing trials will be offered to at least 30,000 households in Sydney and the Hunter next year to test whether they make the grid more efficient and reduce household power bills.
New South Wales will commence new technology and pricing trails for at least 30,000 households in Sydney and the Hunter region to test whether they make the grid more efficient and reduce household power bills.
Renewable energy specialist Infigen has announced it will seek community feedback on the feasibility of a planned wind-farm co-operative (co-op) as part of its proposed Flyers Creek Wind Farm near Orange, New South Wales.