Library filed under General from Australia

Wind farm axed at Bullecourt battlefield

Families of diggers who fell one hundred years ago on the Bullecourt battlefield in France have forced an energy company to abandon plans to build a wind farm on the historic site. Engie has announced it will halt the development of the project in response to an Australian backlash.
20 Nov 2017

Hurrah, these turbines won’t be blowing in the wind

After more than 10 years of working on the project, RES Australia has formally announced the “discontinuation of Penshurst Wind Farm Project”. It “no longer considers this project to be an ongoing development opportunity”. So the people around Penshurst at least will now be able to — literally — sleep soundly at night.
1 Nov 2017

We’ll have it right when renewables mafia squeals

As things stand, energy distributors are forced to buy in baseload at absurd spot prices while the wind and solar kings sit around their idle generators and count their profits. Why should the taxpayer have to pay for unfeasibly large batteries from a US billionaire because of the failure of highly subsidised renewable energy plants to provide electricity around the clock? The Finkel review says that should change.
19 Sep 2017

Lack of wind a big blow for Infigen and power prices

If electricity consumers were not already being squeezed by the closure of Victoria's coal burning Hazelwood power station, an extraordinary lack of wind in the past few months has certainly compounded the problem. The large wind-focussed generator, Infigen Energy has been forced to downgrade its full-year profit forecast due to what it says has been the least windy period it has endured put its current capacity together in 2012.
23 Jun 2017

Business blows up as turbines suck more power than they generate

Wind turbines in South Australia were using more power than they generated during the state’s electricity crisis, which has prompted major businesses to threaten shutdowns and smaller firms to consider moving interstate. The sapping of power by the turbines during calm weather on July 7 at the height of the crisis, which has caused a price surge, shows just how unreliable and intermittent wind power is for a state with a renewable energy mix of more than 40 per cent.
20 Jul 2016

Infigen Energy exploring options to realise value

Infigen, which has a market cap of $664 million, said it was "exploring a range of options" but advised there was no certainty a transaction would eventuate. Mr George said the company had approached underbidders in the recent sale of Pacific Hydro, a deal said to be worth $3.2 billion. 
17 May 2016

Wind funds used to buy neighbours’ silence

But landowners who have been offered upfront payments of $25,000 and $8000 a year say they have been told to keep the existence of the contract and its details secret. Sue Dean said she had been given to the end of this month to sign an agreement with WestWind, but had decided to blow the whistle instead.
29 Mar 2016

AGL Energy renewable fund plan raises questions over partner risk

AGL Energy's plan for a $2 billion-$3 billion fund to develop renewable energy projects has triggered doubts in the market as to whether potential partners will be able to stomach the risks involved. The Sydney-based retailing giant has pointed to Australian infrastructure funds as its most likely co-investors in the Powering Australian Renewables Fund, which its chief executive Andy Vesey unveiled at the interim earnings on Wednesday.
10 Feb 2016

Wind farm watchdog's first Senate grilling

Australia's first-ever wind farm commissioner experienced his first grilling by a Senate committee on Monday, with his $205,000 annual salary for three years confirmed by the environment department. Mr Dyer's aim is to improve complaint handling by state regulators and other stakeholders to a level that renders his role futile.
8 Feb 2016

http://www.windaction.org/posts?location=Australia&topic=General
back to top