Australian government missing the bus on renewable energy development?
Two-thirds of this investment would need to be in wind energy, for which no federal funding provision has been made so far. In fact, government funding allocated to proposed renewable capacity is negligible when compared to the total amount of capital necessary. …..Without clear and stable long-term incentives from policymakers for financiers to invest, Australia’s renewable energy
reality may fall significantly short of all predictions.
Australia: renewable energy investment will grow strongly in the coming years, IStock Analyst May 27, 2011 (Source: Datamonitor)According to the energy market research firm Bloomberg New Energy Finance, Australia’s policies will encourage at least A$36bn of new investment by 2020. This is based on the government’s target to produce 20% of electricity from renewable sources by 2020. Continue reading
Solar power becoming cheaper than fossil fuels or nuclear, says General Electric
new technology breakthroughs are making it possible for solar generated electricity to be the most economical choice within the next three to five years….Home-brewed solar power would be most attractive
Report: GE says fossil fuels, nuclear soon costlier than solar power, SmartPlanet, By David Worthington | May 27, 2011 General Electric is forecasting that solar power could soon be a more affordable than fossil fuels and nuclear power, the company’s global research director told Bloomberg. Continue reading
Brisbane to welcome globe-travelling solar powered boat
World’s largest solar boat to arrive in Brisbane , cnet AustraliaBy Irene Mickaiel , May 27, 2011 The MS Tûranor PlanetSolar, the world’s largest solar boat, is circumnavigating the globe and will arrive in Australia this weekend.
According to PlanetSolar, it is attempting to break the world record by travelling around the world (approx 27,000 nautical miles) to show that renewable energy technologies are effective and can be relied upon, as well as to demonstrate the potential of environmentally friendly modes of transport.
People can see the arrival of the PlanetSolar yacht at Brisbane’s Riverside Centre Pontoon this Sunday, 29 May, at approximately 12pm. World’s largest solar boat to arrive in Brisbane – Travel Tech
Small scale renewable energy becoming cheaper, and competitive with large utilities
Change so far is happening slowly and from a tiny base but the cost of small-scale renewable technologies is falling.
Micro-Power Presents Slow-Burn Threat to Utilities Planet Ark: 27-May-11 SPAIN AND U.K. , by Martin Roberts and Gerard Wynn A wide rollout of small-scale renewable energy poses a long-term challenge to utilities as households switch to home generation and the supply market opens, executives at green specialists and independents say. Continue reading
Fukushima area – seabed has high radiation levels
High radiation found on seabed in 300-km stretch off Fukushima Japan Today 28th May, TOKYO — Radiation levels up to several hundred times normal have been detected on the Pacific seabed in a 300-kilometer-long area off the crippled Fukushima Daiichi nuclear power plant, the science ministry said Friday.
The ministry said high-level radioactive materials were detected on the seabed in a north-south stretch ranging from Kesennuma, Miyagi Prefecture, to Choshi, Chiba Prefecture, and warned the contamination could affect the safety of seafood. The science ministry said it detected iodine and cesium on the seabed at 12 spots 15- to 50-km from the coastline between May 9 and 14…High radiation found on seabed in 300-km stretch off Fukushima ‹ Japan Today: Japan News and Discussion

