Monthly Archives: April 2018

Shareholder Update – Indian Partner Visit

Environmental Clean Technologies Limited (ASX: ESI) (ECT or Company) is pleased to provide the following update on the forthcoming visit to Australia by its India Project partners NLC India Limited (NLC) and NMDC Limited (NMDC), in addition to updates on relevant supporting activities. Key points: Indian partner visit dates changed to the week of 21… Continue Reading >

ALDP closure announced

The Advanced Lignite Demonstration Program (ALDP) was formally concluded earlier this week, unfortunately without achieving its objectives. Each of the successful applicants has fallen by the wayside, with Coal Energy Australia (CEA) recently capitulating. It’s a cautionary tale, highlighting just how hard it is to pick winners. Despite a robust evaluation process and best intentions,… Continue Reading >

Brown coal the hydrogen economy stepping stone

The battleground has been defined: Green vs. Brown hydrogen. The Australian’s Ben Packham covers the topic in his recent article, below. Our Chief Scientist, Alan Finkel has come out in support of ‘green’ hydrogen while acknowledging the need to rely on ‘brown’ hydrogen as a stepping stone. Late last week the Federal and State government… Continue Reading >

India’s energy poverty challenge

India faces the challenge of reconciling its energy needs as the world’s fastest-growing economy with the realities of its commitment to reduce emissions intensity. This was a key takeaway from last weeks 16th International Energy Forum. As the below article by Grace Gou in The DIplomat reports, India’s Prime Minister Modi didn’t hold back when it came to… Continue Reading >

India makes room for more coal as rains fail

India is the fastest growing large economy in the world. Currently, 240 million Indian citizens don’t have access to electricity, and their population is projected to top 1.5Bn by 2030, up 180 million from 1.32Bn today. Key to supporting that growth is India’s National Electricity Plan, which calls for an additional 176,140 MW of capacity… Continue Reading >

India’s cut to nuclear power target a boost for coal

India has cut its nuclear power target from 63GW to 22.48GW. Rather than providing 25% of India’s electricity, it will only provide about 8-10%. The reasons? The folks over at The Energy Collective website have a view: While the Department of Atomic Energy did not specify the reasons for the change, it is likely that… Continue Reading >

Challenging our Paris Climate Agreement commitment

The below article ($) by Chris Kenny in yesterday’s edition of The Australian poses a question that’s sure to stir debate… does Australia’s Paris Climate Agreement target make sense? Kenny is scathing of the state of energy policy. Given the skyrocketing prices for both gas and electricity, it’s easy to see why. The article hones in… Continue Reading >

Top 40 Shareholders as at 31 March 2018

Rank Holder Name  Current Securities 1* LJ & K THOMSON PL                    240,000,000 2 ELGAR PARK PL                    115,778,000 3* SUPERIOR COATINGS AUST PL                    102,750,000 4* MILTS GREGORY                       94,140,368 5 MENZIES SUPER PL                       79,151,320 6* MADDINGLEY BROWN COAL PL                       63,325,370 7 CHALLENGE ROOFING PL                       56,003,012 8* MOSCA EMILIO + ANNA… Continue Reading >

85% jump in power prices following coal closure

The Australian Energy Regulator has released its report on the impact of the closure of Victoria’s Hazelwood brown coal power station (link). A flurry of green articles has appeared attempting to portray coal as ‘on the way out’ and renewables as more capable (and cheaper) than they really are. Here’s a couple of examples: Report:… Continue Reading >