Category Archives: Newswire

Cost of power strangling the economy

There’s a state election in Queensland and power prices are a major issue. The below article from ABC Online highlights the launch, by Canegrowers, Queensland Farmers Federation, and the Chamber of Commerce and Industry Queensland, of the Queensland Industry Energy Alliance with an aim to put downward pressure on prices. Travis Tobin, Chief Executive of… Continue Reading

Report: Ultra-supercritical coal-fired power station in North Queensland is viable

The Townsville Bulletin ran a revealing article recently (see link at bottom of page). It turns out a report delivered earlier this year confirming the viability of a high-efficiency, low-emission (HELE) coal-fired power station was never made public. Prepared by Brisbane-based consultancy Energy Edge for the Queensland State Labor government, the report details the viability… Continue Reading

India set to take up clean coal technologies in a big way

A recent article in India’s Economic Times (link below) highlights the drive by the Indian government to deploy clean coal technologies, according to Shusheel Kumar (pictured), the Secretary of the Coal Ministry. Shareholders will know Mr Kumar as the sponsor of the current review of our project by NITI Aayog. The main objective is energy… Continue Reading

Indian coal shortage highlights Coldry opportunity

  The southeast Indian state of Tamil Nadu is currently experiencing a shortage of black coal. According to the below articles, over 2,600 MW of coal-fired capacity is sitting idle due to the shortage, including 810 MW of generation capacity at the North Chennai Thermal Power Station, 630 MW at the Tuticorin Thermal Power Station… Continue Reading

Indian Economy On ‘Very Solid Track’

The mid to long-term economic prospects for India is huge. Just ask the IMF and World Bank. The worlds largest democracy continues to roll out massive infrastructure development across rail, power, and other areas. The below article, appearing on India’s NDTV website highlighted the following: IMF Chief Christine Legarde reaffirms very solid medium to long-term growth for Indian economy… Continue Reading

Australians hit with $7b energy bill

Earlier this week, Bluescope Steel’s outgoing Managing Director Paul O’Malley delivered a scathing assessment of the economic cost to Australian’s of current energy policy. “The increase in domestic gas prices since 2015 has cost Australian gas users approximately $3.5 billion per annum. For electricity, the cost to users of rising electricity prices is over $3.7… Continue Reading

Gas supply shortage opens door to cleaner coal

Gas pricing continues to be a hot topic. Yesterdays article in The Australian (link below $) highlighted the lead times associated with delivering increased gas supply. Former Energy & Resources Minister, Ian Macfarlane, now head of the Queensland Resources Council, noted the high price and constrained supply of gas worked to ensure coal had a… Continue Reading

Minerals Council loses voice of reason

You know the old saying; never let the facts get in the way of a good story. When it comes to energy policy, this seems to be the prevailing approach for those seeking to generate and maintain subsidies for otherwise expensive and unreliable wind and solar. The Minerals Council of Australia, led by Brendan Pearson… Continue Reading

No quick fix for Victoria’s gas woes

Energy policy is currently one of the hottest topics. The below article by The Australian’s Matt Chambers continues to highlight the current opportunity for solid fuel products in the Victorian market. Chambers highlights the challenge in responding to the shortage, noting there’s no quick fix for Victoria’s gas woes. For decades, Victoria was the largest… Continue Reading

AEMO forecasts energy shortfall

The looming energy crisis, which includes electricity outages and gas shortages, is receiving more focus on a daily basis. AEMO, our national energy market regulator, is forecasting a best case shortfall of 54 petajoules (PJ) of gas for the 2018 September quarter. For context, Aussie homes consume ~30 gigajoules (GJ) per year. A PJ is… Continue Reading