Australian Politics Forum - $6 billion solar, wind power plants:

BatteriesNotIncluded

Gold Member

Offline

MediocrityNET: because
people died for this!

Posts: 26966

$6 billion solar, wind power plants:
Apr 15^th, 2011 at 12:47am

A PARTNERSHIP of Australian and Chinese companies plans to build $6 billion worth of wind and solar farms in Queensland, Victoria and New South Wales and become a significant energy market player.

Sydney-based renewable energy company CBD Energy's managing director Gerry McGowan yesterday said a final agreement to be signed on Monday would see CBD Energy in a joint venture with China Datang Renewable Power Co and Tianwei Baobian Electric Co.

They will create a joint venture company called AusChina Energy Development, which plans to develop and retain ownership of $6 billion-worth of wind and solar power plants in Australia within eight years.

CBD's alliance will benefit its Queensland-based solar subsidiary, eco-Kinetics, which separately is partnering with Tianwei to establish a solar panel manufacturing facility.

Production of solar panels for export from the new factory will start in mid-year, with output forecast at 60 megawatts of solar modules a year.

Start of sidebar. Skip to end of sidebar.
End of sidebar. Return to start of sidebar.
Mr McGowan said the new JV company aimed to make wind and solar power stations which don't generate greenhouse gas emissions competitive with the coal and gas-fired power plants that are a major cause of global warming.

"We'll be accessing turbines made in China and debt from China, and we think we can significantly reduce the cost of renewable energy," Mr McGowan said.

"We're hoping we can reach grid price parity in a short space of time."

He said AusChina Energy would be viable even without a carbon price being legislated here, but he said carbon pricing was important to provide long-term certainty to help underpin investment in clean energy assets.

Separately, the Federal Government yesterday committed $34.9 million to help construct a $105 million project to add 44mW of solar energy capacity to Queensland Government-owned CS Energy's coal-fired Kogan Creek power station near Chinchilla.

Read more: http://www.news.com.au/business/chinese-finance-6bn-investment-in-renewable-energy-in-australia/story-e6frfm1i-1226039011069#ixzz1JVcgWF1M

Back to top

*Sure....they're anti competitive as any subsidised job is. It wouldn't be there without the tax payer. Very damned difficult for a brainwashed collectivist to understand that I know.... (swaggy) *

IP Logged

muso

Gold Member

Offline

Posts: 13151
Gladstone, Queensland
Gender: male

Re: $6 billion solar, wind power plants:
Reply #1 - Apr 16^th, 2011 at 8:17am

BatteriesNotIncluded wrote on Apr 15^th, 2011 at 12:47am:

A PARTNERSHIP of Australian and Chinese companies plans to build $6 billion worth of wind and solar farms in Queensland, Victoria and New South Wales and become a significant energy market player.

Sydney-based renewable energy company CBD Energy's managing director Gerry McGowan yesterday said a final agreement to be signed on Monday would see CBD Energy in a joint venture with China Datang Renewable Power Co and Tianwei Baobian Electric Co.

They will create a joint venture company called AusChina Energy Development, which plans to develop and retain ownership of $6 billion-worth of wind and solar power plants in Australia within eight years.

CBD's alliance will benefit its Queensland-based solar subsidiary, eco-Kinetics, which separately is partnering with Tianwei to establish a solar panel manufacturing facility.

Production of solar panels for export from the new factory will start in mid-year, with output forecast at 60 megawatts of solar modules a year.

Start of sidebar. Skip to end of sidebar.
End of sidebar. Return to start of sidebar.
Mr McGowan said the new JV company aimed to make wind and solar power stations which don't generate greenhouse gas emissions competitive with the coal and gas-fired power plants that are a major cause of global warming.

"We'll be accessing turbines made in China and debt from China, and we think we can significantly reduce the cost of renewable energy," Mr McGowan said.

"We're hoping we can reach grid price parity in a short space of time."

He said AusChina Energy would be viable even without a carbon price being legislated here, but he said carbon pricing was important to provide long-term certainty to help underpin investment in clean energy assets.

Separately, the Federal Government yesterday committed $34.9 million to help construct a $105 million project to add 44mW of solar energy capacity to Queensland Government-owned CS Energy's coal-fired Kogan Creek power station near Chinchilla.

Read more: http://www.news.com.au/business/chinese-finance-6bn-investment-in-renewable-energy-in-australia/story-e6frfm1i-1226039011069#ixzz1JVcgWF1M

This is a good development. It just needs a hint of a Carbon tax to get things started.

Back to top

1523 people like this. The remaining 7,134,765,234 do not

IP Logged

BatteriesNotIncluded

Gold Member

Offline

MediocrityNET: because
people died for this!

Posts: 26966

Re: $6 billion solar, wind power plants:
Reply #2 - Apr 16^th, 2011 at 9:25pm

muso wrote on Apr 16^th, 2011 at 8:17am:

BatteriesNotIncluded wrote on Apr 15^th, 2011 at 12:47am:

A PARTNERSHIP of Australian and Chinese companies plans to build $6 billion worth of wind and solar farms in Queensland, Victoria and New South Wales and become a significant energy market player.

Sydney-based renewable energy company CBD Energy's managing director Gerry McGowan yesterday said a final agreement to be signed on Monday would see CBD Energy in a joint venture with China Datang Renewable Power Co and Tianwei Baobian Electric Co.

They will create a joint venture company called AusChina Energy Development, which plans to develop and retain ownership of $6 billion-worth of wind and solar power plants in Australia within eight years.

CBD's alliance will benefit its Queensland-based solar subsidiary, eco-Kinetics, which separately is partnering with Tianwei to establish a solar panel manufacturing facility.

Production of solar panels for export from the new factory will start in mid-year, with output forecast at 60 megawatts of solar modules a year.

Start of sidebar. Skip to end of sidebar.
End of sidebar. Return to start of sidebar.
Mr McGowan said the new JV company aimed to make wind and solar power stations which don't generate greenhouse gas emissions competitive with the coal and gas-fired power plants that are a major cause of global warming.

"We'll be accessing turbines made in China and debt from China, and we think we can significantly reduce the cost of renewable energy," Mr McGowan said.

"We're hoping we can reach grid price parity in a short space of time."

He said AusChina Energy would be viable even without a carbon price being legislated here, but he said carbon pricing was important to provide long-term certainty to help underpin investment in clean energy assets.

Separately, the Federal Government yesterday committed $34.9 million to help construct a $105 million project to add 44mW of solar energy capacity to Queensland Government-owned CS Energy's coal-fired Kogan Creek power station near Chinchilla.

Read more: http://www.news.com.au/business/chinese-finance-6bn-investment-in-renewable-energy-in-australia/story-e6frfm1i-1226039011069#ixzz1JVcgWF1M

This is a good development. It just needs a hint of a Carbon tax to get things started.

Yeh, but take note that the bloke from BEYOND ZERO(he spoke at a forum when he released his plan for 100% renewable energy in Perth a few weeks back: Mathew something) reckons a carbon price won't be enough.... but, yeh, to get the ball rolling for sure!

Back to top

*Sure....they're anti competitive as any subsidised job is. It wouldn't be there without the tax payer. Very damned difficult for a brainwashed collectivist to understand that I know.... (swaggy) *

IP Logged

muso

Gold Member

Offline

Posts: 13151
Gladstone, Queensland
Gender: male

Re: $6 billion solar, wind power plants:
Reply #3 - Apr 17^th, 2011 at 3:39pm

BatteriesNotIncluded wrote on Apr 16^th, 2011 at 9:25pm:

Yeh, but take note that the bloke from BEYOND ZERO(he spoke at a forum when he released his plan for 100% renewable energy in Perth a few weeks back: Mathew something) reckons a carbon price won't be enough.... but, yeh, to get the ball rolling for sure!

They should extend the Renewable Energy Scheme somehow to include large generators.

This is how it stands now:

Quote:

The RECs system was originally implemented to encourage an additional 9,500 Gwh of renewable energy generation per year by 2010 as part of the Renewable Energy Target. Renewable Energy Certificates will play an even greater role in the recently announced renewable energy targets to be achieved by 2020 via the Solar Credits Program.

How the new Renewable Energy Target works

* The government has implemented a target of 20% renewable energy sourced electricity by 2020
* The current RET requires 9500 GWh of renewable energy to be delivered by energy companies
* The 2020 target requires 45000 GWh
* 1MWh of energy equals 1 REC, so 45,000,000 RECs will be generated to meet the 2020 target
* To meet the target, energy companies must surrender RECs into their holding account at the end of every calendar year at an amount representative to 20% of their market share
* If energy companies don't put sufficient RECs into the holding account, the company is fined at a rate much higher than the REC value

So there is very little incentive to produce more than the 2020 target.

http://www.energymatters.com.au/carbon-trading/recs/index.php

The incentive for large industries to invest in clean technology will only come with full carbon trading. The current scheme is limited by the level of revenue gathered from large volume energy users.

Back to top

1523 people like this. The remaining 7,134,765,234 do not

IP Logged

astro_surf Gold Member Offline Australian Politics Posts: 2981	Re: $6 billion solar, wind power plants: Reply #4 - Apr 17^th, 2011 at 8:53pm They have. Large scale and small scale were split up as of 1st of Jan this year http://www.orer.gov.au/publications/pubs/LRET-SRES-the%20basics%200111.pdf
Back to top	Andrei.Hicks wrote on Sep 11^th, 2011 at 11:23am: So tell me, you'd like to see more and more craphouse coloured people in Australia right?&&Yeah good idea moron.&& IP Logged

muso

Gold Member

Offline

Posts: 13151
Gladstone, Queensland
Gender: male

Re: $6 billion solar, wind power plants:
Reply #5 - Apr 18^th, 2011 at 9:50am

astro_surf wrote on Apr 17^th, 2011 at 8:53pm:

They have. Large scale and small scale were split up as of 1st of Jan this year

http://www.orer.gov.au/publications/pubs/LRET-SRES-the%20basics%200111.pdf

Quote:

Annual LRET targets have been adjusted as the number of RECs exceeded 34.5 million (34,500 GWh) by
approximately 8.1 million RECs (8,100 GWh) at the end of the 2010 calendar year.

Cool. Thanks for that information. I was preoccupied by floods etc about then and didn't realise that it had slipped through.

Back to top

1523 people like this. The remaining 7,134,765,234 do not

IP Logged

BatteriesNotIncluded

Gold Member

Offline

MediocrityNET: because
people died for this!

Posts: 26966

Re: $6 billion solar, wind power plants:
Reply #6 - Apr 18^th, 2011 at 11:19pm

kd
Posted April 14, 2011 at 9:04 pm | Permalink
Frank,

Actually here it’s obvious you’re talking total total crap – blinded here by your own ideology.

Large scale investment with a commercial imperative is exactly what the renewable sector needs. Google being a Californian company (their electricity market is a basket case, and Google are in part trying to side step this).

Google actually have a bit of a knack with infrastructure. They bought Youtube, and because of their large scale investment in fibre optic infrastructure they can run it (and the huge bandwidth it requires) without losses due to leveraging economies of scale, as it gives them control of a resource in demand by other oraganisations. It wouldn’t surprise me if they managed to do something similar in the renewable energy space.

source: http://blogs.crikey.com.au/rooted/2011/04/13/google-goes-green-energy-but-what-about-oz/ Huh

Back to top

*Sure....they're anti competitive as any subsidised job is. It wouldn't be there without the tax payer. Very damned difficult for a brainwashed collectivist to understand that I know.... (swaggy) *

IP Logged

buzzanddidj

Gold Member

Offline

Australian Politics

Posts: 14248
Eganstown, via Daylesford, VIC
Gender: male

Re: $6 billion solar, wind power plants:
Reply #7 - Apr 21^st, 2011 at 4:07pm

Quote:

A PARTNERSHIP of Australian and Chinese companies plans to build $6 billion worth of wind and solar farms in Queensland, Victoria and New South Wales and become a significant energy market player.

They'd be wise to give Victotia the wide berth

Pacific Hydro (Wind Power) have stated they will be making NO more applications for renewable power plants in that state - citing TOO many "difficulties" and restrictions dealing with the new government

The Baillieu Government has just given the go ahead for a new coal-fired plant
The first in DECADES

Liberal - We Can Do Better

Back to top

'I like your Christ, I do not like your Christians.
Your Christians are so unlike your Christ.'

- Mohandas Karamchand Gandhi

IP Logged

BatteriesNotIncluded Gold Member Offline MediocrityNET: because people died for this! Posts: 26966	Re: $6 billion solar, wind power plants: Reply #8 - Apr 21^st, 2011 at 4:44pm hMNNNNNNNNNNNN... ..the plot thickens!
Back to top	Sure....they're anti competitive as any subsidised job is. It wouldn't be there without the tax payer. Very damned difficult for a brainwashed collectivist to understand that I know.... (swaggy) IP Logged

Grey Gold Member Offline Australian Politics Posts: 5341 Gender:	Re: $6 billion solar, wind power plants: Reply #9 - Apr 21^st, 2011 at 5:04pm Quote: This is a good development. It just needs a hint of a Carbon tax to get things started. It's about time and doesn't need a hint of anything. Might have needed a fukushima ti show just how stupid NE is. I think it'll need some fancy accounting not to get below energy price parity.
Back to top	"It is in the shelter of each other that the people live" - Irish Proverb IP Logged

Foolosophy

Gold Member

Offline

Australian Politics

Posts: 1171
Australia
Gender: female

Re: $6 billion solar, wind power plants:
Reply #10 - Apr 22^nd, 2011 at 7:24pm

buzzanddidj wrote on Apr 21^st, 2011 at 4:07pm:

Quote:

A PARTNERSHIP of Australian and Chinese companies plans to build $6 billion worth of wind and solar farms in Queensland, Victoria and New South Wales and become a significant energy market player.

They'd be wise to give Victotia the wide berth

Pacific Hydro (Wind Power) have stated they will be making NO more applications for renewable power plants in that state - citing TOO many "difficulties" and restrictions dealing with the new government

The Baillieu Government has just given the go ahead for a new coal-fired plant
The first in DECADES

Liberal - We Can Do Better

Australians - NUMBER 1 CARBON POLLUTERS PER CAPITA IN THE WORLD

And amongst Australians, Victorians are the worst with their Brown Coal madness.

Back to top

IP Logged

BatteriesNotIncluded

Gold Member

Offline

MediocrityNET: because
people died for this!

Posts: 26966

Re: $6 billion solar, wind power plants:
Reply #11 - Apr 24^th, 2011 at 6:09pm

Foolosophy wrote on Apr 22^nd, 2011 at 7:24pm:

buzzanddidj wrote on Apr 21^st, 2011 at 4:07pm:

Quote:

A PARTNERSHIP of Australian and Chinese companies plans to build $6 billion worth of wind and solar farms in Queensland, Victoria and New South Wales and become a significant energy market player.

They'd be wise to give Victotia the wide berth

Pacific Hydro (Wind Power) have stated they will be making NO more applications for renewable power plants in that state - citing TOO many "difficulties" and restrictions dealing with the new government

The Baillieu Government has just given the go ahead for a new coal-fired plant
The first in DECADES

Liberal - We Can Do Better

Australians - NUMBER 1 CARBON POLLUTERS PER CAPITA IN THE WORLD

And amongst Australians, Victorians are the worst with their Brown Coal madness.

Do the Chinese burn our coal or simply make steel with it: 'cos I thought they had heaps of coal, just not good enough for steel making purposes!??!

Back to top

*Sure....they're anti competitive as any subsidised job is. It wouldn't be there without the tax payer. Very damned difficult for a brainwashed collectivist to understand that I know.... (swaggy) *

IP Logged

It_is_the_Darkness Gold Member Offline Australian Politics Posts: 4000 in a ReTardis Gender:	Re: $6 billion solar, wind power plants: Reply #12 - Apr 27^th, 2011 at 12:11pm I still think it would be better to spend just $500m to come up with something that can harness the power of Electrical Storms (Free Power again!) rather than burn tons of Coal that is extracted from around Sydney and drains the water-ways away.
Back to top	SUCKING ON MY TITTIES, LIKE I KNOW YOU WANT TO. IP Logged

BatteriesNotIncluded Gold Member Offline MediocrityNET: because people died for this! Posts: 26966	Re: $6 billion solar, wind power plants: Reply #13 - Apr 27^th, 2011 at 3:36pm I somehow don't think harnessing electrical storms would be as cheap as investing $500M... Anyway, miners are embracing renewable energy http://www.abc.net.au/news/stories/2011/04/05/3182997.htm
Back to top	Sure....they're anti competitive as any subsidised job is. It wouldn't be there without the tax payer. Very damned difficult for a brainwashed collectivist to understand that I know.... (swaggy) IP Logged

...

Gold Member

Offline

Posts: 23673
WA
Gender: male

Re: $6 billion solar, wind power plants:
Reply #14 - Apr 27^th, 2011 at 3:45pm

Quote:

A 300-kilowatt solar farm is expected to start operating in Carnarvon in six months, with construction on the project starting today.

Energy Made Clean Solar is building the $3.4 million facility which will feed energy directly into Carnarvon's power grid.

The company's business development manager, Alannah MacTiernan, says the project would not have been possible without $1.7 million worth of funding from the Federal Government.

"The grant was absolutely necessary to make this a bankable project," she said.

"The long-term aspiration is that within five years or so is to have solar projects being able to stand on their own two feet but if we're going to get to that space we're going to need government help."

http://www.abc.net.au/news/stories/2011/04/27/3201445.htm?site=northwestwa

I saw this in the paper today, and did some quick sums.

300kw for $3.4 million = $11333 per kw.

Anyone seen the current price on home solar systems lately? They're about double the capacity for half the cost....so what's the point of this vast monstrosity? Why not just buy a 3kw sysytem for 100 homes at a fraction of the cost, or reinstate higher rebates?

Back to top

In the fullness of time...

IP Logged