Yes, think about this for a moment. N. E. G. A. T. I. V. E. spot-price for electricity. Policy, expenditure, loan-term investment; all predicated on an underlying assumption of markets. Beware the paradigm shift...The impossible just happened in Texas http://t.co/lBxA5q4cyK #strandedassets— Bill (@billcoppinger) September 20, 2015LinksUtility Dive - ERCOT prices in to negativeERCOTOriginal Article - Slate.comBusiness Insider
Tag Archives Infrastructure
The Federal Minister for Industry & Science, the Hon Ian Macfarlane MP and Carnegie CEO, Dr Michael Ottaviano switched on the world’s first grid connected wave energy array power plant today, February 19th. The world’s first grid-connected wave energy array is now pumping enough electricity to power between 1,500 to 2,000 households in Western Australia. At the moment, the Department of Defence…
One can't help but wonder if the the lack of agreement between the Democratic and Republican parties over the proposed extension of the US debt ceiling is anything more than grand political theatre, although this time it appears to be a different ball-game with the growing role and influence of the "tea-party" members. Perhaps more telling is the role of…
Building the education revolution. The Government has announced Building the Education Revolution, a $14.7 billion long term investment to improve the quality of facilities, like gymnasiums, libraries and science labs in Australian schools. Prime Minister of Australia, 3 February 2009. Comment: This appears to be a truly massive amount of money, I hope the expertise and coordination is equal to…
A very interesting discussion on ABC radio regarding new models of infrastructure funding and the sustainability of the programmes. Macquarie Bank's bosses have made millions by buying and running toll roads and airports and it's the world's biggest name in infrastructure. But there are questions about whether its pioneering model for financing these assets is sustainable. Investor groups are shunning…
All members of the LLEN should note the work of the Victorian Rural and Regional Services Development Committee and the Outer Suburban/Interface Services and Development Committee of the Parliament of Victoria. Over the past year the Central Ranges LLEN has given sworn evidence, made submissions to or assisted other groups to contribute to these three inquiries. On January 19th, 2006,…
Prime Minister John Howard says he is delighted the Senate has finally passed legislation to sell Telstra. Link: Howard delighted as Telstra sale cleared.