| Electricity Week |
| Electricity Week |
Proof edition: The Business Council of Australia (BCA) said it expected some or all coal-fuelled electricity plans to close after 2010; and risks would also rise from fuel contracts.
(Full Article)Proof edition: Most Australian electricity was sold under 2-3 year forward contracts. To enter into such contracts under an Emissions Trading Scheme, generators will need to fix the price of their emission permits over the same 2-3 year period.
(Full Article)NEM Week 507: midnight Sunday 24th August to Saturday 30th August 2008.
(Full Article)The Business Council of Australia (BCA) questioned the ability of the market to meet the demand for new investment in wind and gas generation implied in the Australian Government Green Paper.
(Full Article)Four out of fourteen - and perhaps 8 - of fourteen, carbon-exposed businesses studied,would close after the start of the emissions trading scheme in 2010, Greig Gailey, President Business Council of Australia told the Sydney Institute 27 August, 2008.
(Full Article)In weird economics - which felt normal to Business Council of Australia (BCA) - the lobby-group wanted polluting industries subsidised so they could pay the carbon costs; and all retail electricity price caps removed so the same pollutors could then pass carbon costs to the consumer.
(Full Article)Without compensation, and using the European emissions price of $40/t CO2-e, the median profit reduction for 14 Australian case study businessesm using long run economics, was 53 per cent, said the Business Council of Australia (BCA).
(Full Article)Trading in spot Renewable Energy Certificates - RECs - market followed a similar pattern to NGACs with nothing doing in the early part of the week.
(Full Article)