International Energy Agency calls for CCS funding

The International Energy Agency (IEA) has published its 5-yearly report on the state of world energy – link. And this week, the head of the IEA, Dr Fatih Birol called on Australia to drive down electricity prices and secure supply. A lot has happened in the past 5 years. Energy Policy has pushed up the average annual wholesale… Continue Reading

Hydrogen projected to become $2.5 trillion market

Last week, Brown Coal Innovation Australia (link) held their ‘Caron to Products’ seminar at Federation University in Victoria’s lignite heartland, the Latrobe Valley. Eager to find higher value, lower emission applications for Victoria’s world-class brown coal resource (other than just digging it up and burning it to make reliable, affordable electricity) the forum showcased some of the potential uses… Continue Reading

How to make Carbon Capture and Storage cheaper

Is it cheaper to capture and store CO2 or avoid it in the first place? Carbon Capture and Storage (CCS) has been under development for decades. It’s no longer experimental. It’s been touted as a solution to CO2 emissions for coal-fired power stations. And brown coal needs it the most because it’s more CO2 intensive… Continue Reading

The cost of failed energy policy slowly emerges

“Big firms get $50m in bid to keep lights on” The above headline is front page of today’s Australian. The cost of failed energy policy is starting to emerge, though much of it still remains hidden. The cause appears to be two-fold; the closure of Hazelwood taking 1600MW of dispatchable capacity out of the market… Continue Reading

Fulfilling India’s steel ambitions with new tech

We’ve mentioned India’s Coal Secretary, Mr Susheel Kumar on several occasions. This is understandable given the role he plays with respect to our brown coal partner NLC’s line of reporting through to the Ministry of Coal. NLC is the site for our Integrated Coldry-Matmor project, so it makes sense that NLC has the lead on certain… Continue Reading

Shareholder Update – Coldry Solid Fuel Commercial Trials

Environmental Clean Technologies Limited (ASX: ESI) (ECT or Company) is pleased to provide the following update on the progress of Coldry solid fuel commercial trial activities in the Victorian and Tasmanian markets. Key points: Performance Testing: Coldry solid fuel commercial trial program continues to deliver on targeted fuel performance and comparative efficiencies across various types… Continue Reading

Smart meter price pain as power spikes

Electricity prices have hit the front page of The Australian… again. There’s no good news. Just more price pain. And this news comes on the same day that the Australian Energy Market Commission (AEMC) is closing its current round of feedback on its review into the market and regulatory frameworks necessary to support the reliability of… Continue Reading

Power Pain as wholesale energy prices double in a year

Wholesale electricity prices have more than doubled in the past year in Victoria and South Australia. The below article in The Australian highlights: “…average wholesale energy price in Victoria climbed to $139 this month, up from $62 in January last year. In South Australia, the wholesale average price for January climbed to almost $170, up… Continue Reading

Power Bill Panic

The below articles continue to hold a spotlight to the causes and effects of our escalating electricity prices. 17 Jan 2018: “Businesses face power price hikes of up to 200 percent” – Sydney Morning Herald 20 Jan 2018: “Hazelwood closure drives jump in household electricity prices” – The Australian 22 Jan 2018: “Power bill panic:… Continue Reading

R&D Tax Incentive Refund Received

Environmental Clean Technologies Limited (ASX: ESI) (ECT or Company) is pleased to advise it has received its 2017 financial year R&D Tax Incentive Refund. Key points: ~2.047 million R&D Tax Incentive refund received Current ‘Brevet’ R&D loan satisfied in full Surplus of ~$600k to support India project The refund of ~AUD2.047 million is in line… Continue Reading