Sea-level rise poses ‘a serious threat’ to millions of Europeans, scientists warn. A new study spells out the threat of sea-level rise in coastal communities.The kind of devastating flooding that occurs once every century along Europe’s northern coastline could become an annual event if greenhouse gas emissions continue to climb, according to a recent study published in the journal Earth’s Future. Continue reading
New research spells out serious threat of sea level rise
SEA-LEVEL RISE IS A ‘SERIOUS THREAT’ #CLIMATECHANGE #AUSPOL https://jpratt27.wordpress.com/2017/03/17/sea-level-rise-is-a-serious-threat-climatechange-auspol/
Tesla’s electricity storage plan for Australia – just the start of international developments
Tesla’s $169 Million Battery Play Is Just the Beginning An audacious deal hatched on Twitter may start a new wave of electricity storage for cities, regions, and nations.Bloomberg by Tom Randall March 18, 2017, Tesla is ready to power some grids. And not just in California or Australia.
Last week, Elon Musk wagered he could address South Australia’s energy crisis with 100 megawatts (MW) of batteries installed in 100 days or less—“or it’s free.” The exchange blew up on Twitter and led to phone callsbetween Musk and leading Australian politicians, including Prime Minister Malcolm Turnbull. (Ukraine Prime Minister Volodymyr Hroisman later chimed in that he’s interested, too.)
An analysis by Bloomberg New Energy Finance finds that such a deal wouldn’t only alleviate South Australia’s blackouts, but would also be profitable—at an anticipated cost of roughly $169 million (A$220 million). Battery prices are tumbling fast—by almost half since 2014—and such mega projects are increasingly popping up around the world. …….
The battery storage industry—a key part of the master plan if wind and solar power are ever to dominate the grid—is becoming increasingly important in such places as South Australia. The region gets 41 percent of its electricity from renewable energy, one of the highest penetrations of wind and solar in the world. In 2016 and early 2017, Australia has already announced 220 MW of storage deals, led by Zen Energy in South Australia.
Until recently, batteries were many times more expensive than natural gas “peaker” plants that fire up when supply falls (as when the wind dies down). The South Australia government’s current plan is to address its energy shortfall largely through the construction of a state-owned 250MW gas plant, along with A$75 million in grants and A$75 million in loans to help fund energy storage.
A 400 MWh Tesla project with a price tag of $169 million should be very profitable for South Australia, achieving an internal rate of return of between 18 percent and 29 percent, according to BNEF calculations. That’s based on wholesale energy sales and revenue from additional high-value grid services that batteries are especially well suited to provide…….https://www.bloomberg.com/news/articles/2017-03-17/tesla-s-169-million-battery-play-is-just-the-beginning
New South Wales electricity prices make household solar and storage look good
Solar and storage boost? NSW households face 5c/kWh price rise http://reneweconomy.com.au/solar-storage-boost-nsw-households-face-5ckwh-price-rise-99553/ By Giles Parkinson on 17 March 2017 The continuing surge in New South Wales wholesale electricity costs – and in other states for that matter – is likely to add even more incentive for households and business to turn to rooftop solar and battery storage. NSW baseload futures prices for 2018 have jumped another $10/MWh to $115/MWh in the last two weeks, meaning that a rooftop solar system is cheaper than the wholesale price of the coal-fired grid, let alone retail prices which are more than twice as high.
Analysts at Morgan Stanley say that if the wholesale price increase was to be fully captured by energy retailers, then the retail price would need to rise by around 5c/kWh, or about 20-25 per cent.
This scale of rise, shocking as it would be, is unlikely to happen because most retailers will have a rolling hedge book that will mitigate part of the cost increase.
Still, Morgan Stanley expects that retail prices will still have to increase around 10 per cent from July 1, which would add at least 2c/kWh on to energy costs, which are currently 21c/kWh to 24c/kWh, not including hefty network charges of up to $1.50/day.
This should be yet another incentive for NSW households to invest in rooftop solar. The state trails most other states on solar penetration, with around 15 per cent of homes, compared to nearly 30 per cent in Queensland and South Australia.
And the fact that NSW retailers offer such a small amount on solar exports (most at around 6c/8c/kWh, with a couple of outliers on 12c/kWh) this should increase the attraction of battery storage.
NSW is already seen as the best state for battery storage because of the recent expiry of premium feed-in tariffs.
As Queensland Premier about to decide on Adani coal mine, Indian fishermen warn Australia against it
Adani: Indian fishermen warn Australia against environmental impact ahead of coal mine talks ABC AM By South Asia correspondent James Bennett , 17 Mar 17 Fishermen in India say a local Adani project is harming them and killing off sea life, warning Australia to be wary as Queensland’s Premier Annastacia Palaszczuk prepares to decide whether to proceed with the Carmichael coal mine.
Key points:
- Noor Mohammad said the Adani project’s coal dust, stream discharge harmed the community
- Adani has been heavily criticised for a series of environmental breaches during construction of Gujarat project
- Comment was sought from Adani on measures it had taken to address the ash problem, but the ABC received no response
Ms Palaszczuk and eight regional mayors are preparing to sit down with the chairman of Adani Enterprises, Gautam Adani, ahead of the company deciding whether to proceed with the proposed mine.
The Queenslanders will be shown the Adani’s Gujarat port and power station, which itself has a chequered environmental record, of which the local fishermen said Australia should be wary……http://www.abc.net.au/news/2017-03-17/fishermen-warn-australia-against-adani-mine-environmental-impact/8362230
