Antinuclear

Australian news, and some related international items

Australia’s opportunity for new industries – renewable energy

Renewable energy great solution to void in industry, Pierre Mars  SMH, 12 Feb 14 “…Australia has such a nascent industry, renewable energy. Further, once the capital costs are recovered, recurring costs are low: sun, wind, waves and hot rocks are free and abundant in Australia, providing low cost energy as a competitive advantage for future industry.

Unfortunately, the Abbott government’s policies on climate change will strangle this industry at birth so Australia may be importing renewable energy technologies instead of exporting them.: http://www.smh.com.au/comment/smh-letters/renewable-energy-great-solution-to-void-in-industry-20140212-32i8t.html#ixzz2tbjZJeo6

February 17, 2014 - Posted by | General News

1 Comment »

  1. I have been watching the hot rocks industry from the beginning of the Geodynamics project in SA (about 15 years) and I am yet to be convinced that this is either a renewable energy project or that it is ecologically sustainable.

    About 15 years ago I stated that the project was both economically and ecologically risky.

    Despite large government subsidies over 15 years hot rocks has still not produced commercially viable electricity in Australia and seems increasingly unlikely to do so. The share price of Geodynamics and Petratherm bear witness to their economic failure.

    Ecologically the problems with hot rocks relate to:
    the connection to uranium mining
    the effects on water supply
    the energy use and hence greenhouse gas emissions
    the release of radioactive isotopes
    claims to be renewable

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    Dennis Matthews's avatar Comment by Dennis Matthews | February 19, 2014 | Reply


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