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

Indian Partners Visit Dates Confirmed

Environmental Clean Technologies Limited (ASX: ESI) (ECT or Company) provides the following update in relation to the previously announced proposed visit to Australia by its Indian project partners. The Company’s announcement of 8 March 2018 stated that invitations had been sent to NLC India Limited (NLCIL) and NMDC Limited (NMDC) to visit Australia in late… Continue Reading

Hazelwood power station closure drives up bills, forces gas reliance

Anyone following the story of wholesale electricity price rises since the closure of Hazelwood power station won’t be surprised by the below article in yesterday’s Herald Sun ($). Key points: Household power bills have soared 16% since the abrupt closure of Hazelwood Wholesale power prices have jumped from being the cheapest in Australia to second… Continue Reading

Proactive Investors – Company Coverage

Yesterday we updated the market on the completion of the basic design for the Matmor component of our India project. Investor analysis website ‘Proactive Investors’ did a good job of summarising our key message. Read more…   Environmental Clean Technologies shares rise as project in India progresses Basic design for the company’s lignite-based primary iron… Continue Reading