Federal Power Board Needed Despite Loggerheads

A new over-arching energy board to help monitor security issues in the National Energy Market has federal and state ministers divided. This board, which was one of the key recommendations from the Finkel review, was discussed today at the annual Council of Australian Government energy council meeting in Brisbane. Post graduate Researcher at Curtin University…

WA Locks In Lithium Joint Venture Investment

After South Australia struck a historic deal with energy entrepreneur Elon Musk, WA is set to follow the neighbour’s footsteps by announcing the lithium joint venture investment. Chilean company Sociedad Química Minera De Chile (SQM) and Kidman Resources has reached a landmark agreement to build a 50:50 joint lithium project in Mount Holland. As a…

Finkel Recommendations Will Push Up Power Bills By 20 Percent

A 20 percent price hike on electricity is set to take place if the Turnbull government decides to adopt recommendations from the latest Finkel report. Prices are expected to surge from 26 cents to 46 cents per kilowatt, if the clean energy target, set out by the report is implemented. The recommendations outlined in the…

Kwinana Power Station will retire

The Kwinana Power station is due to shut down by October, 2015. Energy Minister Mike Nahan said extending the life of the 37 year old power plant’s stage C is not economically sound. “Kwinana Power Station was built in the 1970’s and its age means it’s simply uneconomic to extend the life of the plant,”…

Muja AB a scandal – Labor

The state opposition has dropped a bombshell today, claiming taxpayers will have to pay 250 million dollars for the Muja AB power plant refurbishment. Back in May 2009, Premier Colin Barnett has promised the public the taxpayer won’t have to have pay a cent. “Can I stress that 100 million will be private sector investment,…