Australian (ASX) Stock Market Forum

The future of energy generation and storage

Jump to new
SirRumpole said:
Yes and coal stations keep breaking down...
Click to expand...
Only if you let them fall apart and do not maintain them 'cause:
"We will close all coal power plants by...."
We should send a thank you to our politicians during Christmas by candlelight 😉
During these chats, nothing being done to firm the grid.
 
qldfrog said:
As a side info,,:
www.abc.net.au

Truck carrying wind turbine collides with bridge closing major highway

A major Queensland highway has reopened after a truck carrying half of a wind turbine collided with a bridge on Friday.
www.abc.net.au www.abc.net.au
Had to drive around yesterday...
With such bright lights, i guess we'd better avoid nuclear in Australia
Click to expand...
Queensland Police Service said its initial investigation revealed the truck failed to follow pilot vehicles and escorting vehicles up an off-ramp.

... and what's wrong with trying to show a bit of initiative, and take a short cut.

Too many consultants, damn police state. What was he doing out at hoon o'clock (1:30am), anyhow?
 
Dona Ferentes said:
Queensland Police Service said its initial investigation revealed the truck failed to follow pilot vehicles and escorting vehicles up an off-ramp.

... and what's wrong with trying to show a bit of initiative, and take a short cut.

Too many consultants, damn police state. What was he doing out at hoon o'clock (1:30am), anyhow?
Click to expand...
That one but so many, qld seems to have a truck decapitated under a bridge every week regardless of the number of sign, warning bars...i often think drivers asleep at the wheel or meth users.
Anyway, show how fail able operators can be.
That windmill will be delayed a few months at best..
 
qldfrog said:
That one but so many, qld seems to have a truck decapitated under a bridge every week regardless of the number of sign, warning bars...i often think drivers asleep at the wheel or meth users.
Anyway, show how fail able operators can be.
That windmill will be delayed a few months at best..
Click to expand...
And no doubt the bridge infrastructure is stuffed also.
 
farmerge said:
And no doubt the bridge infrastructure is stuffed also.
Click to expand...
2 weeks ago , a road I take in nambour had the same issue, and as a train line is on the bridge...took a while to reopen
Yesterday i drove south of Ipswich to avoid that mess.
Late last year, my return trip from the airport took an extra hour by train as another dimwit took off the railway power line using the railway crossing with a deployed crane on his truck.
3 concrete examples of absolute below par IQs and processes affecting me directly in the last 6 months or so
Yet, they all vote,and were mandated to, they decide the future of the grid and collapse the economy.
in most other countries, they would not work so full employment is not always a blessing, and our politicians are hardly better.i used to be scared by the level of mainstream Americans but now am more worried here
Can we please go back to the Grid.
I triggered that , guilty, because these windmills are enormous and present serious logistics challenges..and that driver was a winner.
i should have set that in the joke of the week thread
Have all a great week end
 
Not related to grid but definitely to energy.
In Toowoomba, 100km+ away from the nearest port or refinery, let alone oil field, i bought my diesel at $1.51 a litre in town yesterday.
Access up the range 700m asl for fuel trucks not that easy either
In Brisbane or sunny coast, i pay $1.74 to $1.9 lately.
No clue how this can be possible....
That station was the cheapest but others nearby were below or at $1.55 too
And i could have gone below $1.5 with a 4c discount docket....
 
Battery scheme/scam, from their ABC
www.abc.net.au

Self-interest the main concern as households queue for subsidised battery boom

Demand for household batteries in Australia is on the cusp of an explosion, and new data suggest most people are motivated by personal considerations.
www.abc.net.au www.abc.net.au
Economically only and from a selfish home owner point of view:
Can anyone share its computation/spreadsheet showing how there is any ROI for anyone installing a battery?
Not a installing solar system, but adding a battery vs no battery while staying connected to grid
Genuinely interested
Obviously including installation cost, maintenance and loan cost/TD missed income
 
On the above, i mentioned "scam" as this is what it is if we push "saving you money " if this is not the case.
Only interested there in hard $, and not personal special circumstances :
I am fully on battery as this avoided $60k of connection fees and new lines and poles to the mini farm.
So a clear winner, as would probably be the case for a licence electrician doing own installation at $0 cost.
 
qldfrog said:
Can anyone share its computation/spreadsheet showing how there is any ROI for anyone installing a battery?
Click to expand...
Only case I'm aware of where it's profitable as such comes about indirectly:

One such scenario is if, due to whatever legal situation, someone's going to lose their liquid assets but keep the house. In that case taking $10k out of the bank and putting it into a battery will at least retain some of that value, getting some of it back beats losing the lot.

Another is as above but with the reason being it gets them under the threshold to qualify for whatever payment (welfare). If buying a battery means they now qualify for a concession card or whatever well that could make it add up financially.

Another is risk mitigation for anyone running a business from home. Eg own two physically separate computers, have NBN with (say) Optus and use another network (eg Telstra) mobile as data backup, have backup power. No single failure of IT, communications or power stops the show, it's only things like burglary or the house burning down that remain a risk. In this case the battery could presumably be claimed as a tax deduction somehow. Tax saving + energy cost saving + whatever value is put on the risk mitigation = could plausibly add up.

Realistically though most installations I'm aware of fall into two categories:

Engineers, electricians, and other random people with an interest in technical things who just wanted one, had the money, and reasoned that once they deducted the energy cost savings of the battery over its lifetime, they were willing to spend the gap between that and the cost for the sake of having one. Bonus if they're a licensed electrician able to put their own labour to use.

The other is people for whom cost isn't an issue and who just liked the idea of backup power either for convenience or because they work from home, have an aquarium full of fish, or otherwise have something to lose if the power fails. :2twocents
 
Smurf1976 said:
Only case I'm aware of where it's profitable as such comes about indirectly:

One such scenario is if, due to whatever legal situation, someone's going to lose their liquid assets but keep the house. In that case taking $10k out of the bank and putting it into a battery will at least retain some of that value, getting some of it back beats losing the lot.

Another is as above but with the reason being it gets them under the threshold to qualify for whatever payment (welfare). If buying a battery means they now qualify for a concession card or whatever well that could make it add up financially.

Another is risk mitigation for anyone running a business from home. Eg own two physically separate computers, have NBN with (say) Optus and use another network (eg Telstra) mobile as data backup, have backup power. No single failure of IT, communications or power stops the show, it's only things like burglary or the house burning down that remain a risk. In this case the battery could presumably be claimed as a tax deduction somehow. Tax saving + energy cost saving + whatever value is put on the risk mitigation = could plausibly add up.

Realistically though most installations I'm aware of fall into two categories:

Engineers, electricians, and other random people with an interest in technical things who just wanted one, had the money, and reasoned that once they deducted the energy cost savings of the battery over its lifetime, they were willing to spend the gap between that and the cost for the sake of having one. Bonus if they're a licensed electrician able to put their own labour to use.

The other is people for whom cost isn't an issue and who just liked the idea of backup power either for convenience or because they work from home, have an aquarium full of fish, or otherwise have something to lose if the power fails. :2twocents
Click to expand...
My understanding too but would have been happy to be wrong and able to recommend my son could buy one for his newly purchased first home.
 
Another industry,that will probably be running the ruler over the feasibility of re opening, or just call it a day.

www.afr.com

Sanjeev Gupta’s Tasmanian plant is the latest smelter to hit trouble

The decision to pause operations at the Liberty Bell Bay smelter adds to broader doubts about the economic viability of Australia’s metals smelters.
www.afr.com www.afr.com

Uncertain future​

Metals smelters are the biggest consumers of power in Australia and have struggled to stay economically viable amid rising energy costs.

Rio’s Bell Bay smelter, which is adjacent to the GFG manganese smelter, has been in talks with the Tasmanian government on a new power supply agreement for several years.

Energy costs were not the primary concern for the shutdown of GFG’s manganese smelter, which had agreed on a new 10-year power supply deal with Hydro Tasmania this year.


GFG said Liberty Bell Bay had lost its main ore supplier last year when Tropical Cyclone Megan ripped across the Gulf of Carpentaria in the Northern Territory, causing extensive damage to South 32’s GEMCO mine. Export sales from the mine were suspended and are not expected to resume until May 2025.
 
THE US via WEF says its possible to achieve net zero by 2050.
From WEF
1747784891282.png

the problem is, we are 25 years away from 2050.
If we look at the fossil fuel usage for the last 25 years, its been going in the wrong direction.
The chances of that reversing to negligible amounts in another 25 years is not great.
It will require some huge level of offsetting or cabon removal to get anywhere close.
Mick

1747785001638.png
 
mullokintyre said:
THE US via WEF says its possible to achieve net zero by 2050.
From WEF
View attachment 199858
the problem is, we are 25 years away from 2050.
If we look at the fossil fuel usage for the last 25 years, its been going in the wrong direction.
The chances of that reversing to negligible amounts in another 25 years is not great.
It will require some huge level of offsetting or cabon removal to get anywhere close.
Mick

View attachment 199859
Click to expand...
Where is the money coming from ? ;)
 

Similar threads

Dona Ferentes
Gen Alpha
Replies
13
Views
2K
moXJO
M
Dona Ferentes
Electricity demand and data centres
Replies
15
Views
2K
farmerge
farmerge
JohnDe
Electricity investments
Replies
8
Views
2K
Smurf1976
Smurf1976
bigdog
Official Microsoft Office 2024 Professional Plus License Key $59 with lifetime free updates ends March 20
Replies
0
Views
1K
bigdog
bigdog
Garpal Gumnut
The Effect of Deepseek on Australian Stocks
Replies
7
Views
2K
Smurf1976
Smurf1976
Top