Federal Bill to change powers of Australia’s nuclear watchdog, ARPANSA
Nuclear watchdog’s powers strengthened AAP http://www.9news.com.au/national/2015/06/18/10/08/nuclear-watchdog-s-powers-strengthened The federal government is strengthening the powers of its nuclear safety watchdog.
A bill introduced by Health Minister Sussan Ley on Thursday updates the Australian Radiation Protection and Nuclear Safety Agency in line with international and local reviews.
The agency regulates Commonwealth bodies that use radiation.
These include CSIRO, the Australian Nuclear Science and Technology Organisation and Defence in operations ranging from baggage X-ray machines at airports to a research reactor at Lucas Heights.
Ms Ley said the changes would give the agency greater powers to monitor compliance and act in an emergency.
They would also give it a clear legal basis to oversee the safety of contaminated sites.
Investors flee Energy Resources of Australia as its uranium mining plans stop
ERA shares in death spiral as prospects slashed, SMH, June 15, 20 Peter Ker The uranium miner operating beside Kakadu National Park may have zero chance of restarting mining at the site, according to UBS analyst Glyn Lawcock.
Speaking after shares in Energy Resources of Australia (ERA) lost more than 48 per cent of their value on Friday, Mr Lawcock said the decision to abandon plans for an expansion of the Ranger mine warranted a downgrading of the stock to a “sell” rating.
Many ERA shareholders were doing just that on Monday, with the stock falling a further 25.4 per cent or 17¢ to close at 50¢.
ERA shares were worth $1.29 at market close on Thursday, prior to ERA announcing that it would not go ahead with an underground expansion at the Ranger mine. That expansion, called “Ranger 3 Deeps”, was the only chance of future mining at Ranger, where mining of the third pit ceased in 2011……
Rio Tinto has offered to cover the shortage of funds to complete the rehabilitation, but it is believed that offer is conditional on ERA ruling out any further development at Ranger, something ERA is not yet willing to do……
The funding shortfall for the rehabilitation is believed to be close to $200 million, although Mr Drew speculated it could be as high as $500 million.
Uranium prices have been depressed since the Fukushima nuclear meltdown in March 2011, and that weakness was one of the major reasons why the underground expansion was abandoned….http://www.smh.com.au/business/mining-and-resources/era-shares-in-death-spiral-as-prospects-slashed-20150615-gho6jg.html
Port Augusta the right place for concentrated solar power
Ingo Weber: After Alinta, here’s a new future for Port Augusta, Adelaide Advertiser, 15 June 15 IN Australia air pollution kills more than double the number of people who die in road deaths. We need to change our dependency on coal, and Port Augusta is the place to start.
There are at least two large international companies currently building concentrated solar thermal power plants (in Spain and the US) keen to build CST right here and now in Port Augusta. We just need political vision.(subscribers only) http://www.adelaidenow.com.au/news/opinion/ingo-weber-port-augusta-ideal-for-a-solar-powered-future/story-fni6unxq-1227400879688
Asia Pacific Greens Federation Congress condemns Australia’s backward action on climate chnage
Delegates expressed strong opposition to plans to roll out more nuclear power stations in Korea, Japan and Taiwan, and sought the help of Greens parties worldwide in that effort. All want greater efforts in promoting energy efficiency and renewable energy. The Greens are well placed to break through and win seats in upcoming elections in Korea and Taiwan……..
Just as corporations are global, so too the Greens are a global force
Christine Milne: Australia ‘universally condemned’ at regional Greens meeting, Guardian 15 June 15 Too often, the concerns of Pacific Island nations are jettisoned in favour of bigger nations’ interests. The Asia Pacific Greens congress aims to change that . Green parties around the world have been working for decades to address global warming. Australia’s Pacific Island neighbours are already suffering extreme weather events, storm surges, and adverse impacts on their health and livelihoods, with their ability to grow food constrained by salt water incursion into fresh water lenses. At every UN climate meeting they ask for help, and in spite of all the sympathetic talk, their concerns are jettisoned in favour of national sovereignty arguments from more powerful nations like Australia. This has to change. Continue reading
Australian Greens want Senate inquiry into fossil fuel money to political parties and lobby groups
Greens mount fossil fuel donations hunt http://www.heraldsun.com.au/news/breaking-news/greens-mount-fossil-fuel-donations-hunt/story-fni0xqi4-1227400237377AAP
JUNE 16, 2015 THE Greens are going on a fossil fuel hunt to track down how much influence the industry wields over Australian politics.
THE minor party wants the Senate to look into what donations fossil fuel companies make to the major political parties and tax-free campaigns run by associated lobby groups.
Environment spokeswoman Larissa Waters said an existing parliamentary inquiry into tax-free donations to environmental groups was a witch-hunt and it was time questions were asked on the other side.
Oil and Gas industry claims against environmental groups
Environmental groups ‘subsidise illegal activity’, oil and gas industry claims, The Age June 17 Heath Aston, political correspondent Environmental groups have been accused by the oil and gas industry of “subsidising illegal activity and activism”.
The government register that provides tax-deductible status for donations to groups like WWF and Greenpeace may have been “subverted” by some groups to channel money into illegal protests, according to the industry.
Groups that specialise in training protesters to take part in mining blockades are also qualifying for charity status through “affiliation” to groups listed on the register of environmental organisations overseen by the federal Environment Department.
The claims are contained in a submission to the Senate inquiry into the tax-deductible status of environmental groups, which held its first public hearing on Tuesday, by the Australian Petroleum Production & Exploration Association……..http://www.theage.com.au/national/environmental-groups-subsidise-illegal-activity-oil-and-gas-industry-claims-20150616-ghphrm.html
AGL’s Utility-scale Solar Photovoltaic plants in New South Wales
Utility-scale PV in Australia: AGL’s 102 MW Nyngan solar plant achieves full generation Solar Server 15 June 15 AGL Energy Limited (AGL, St Leonards, North Sydney Council, Australia) on June 9th, 2015 confirmed that the Nyngan solar photovoltaic (PV) plant in western New South Wales (NSW) has achieved full generation, sending 102 MW of solar power into the National Electricity Market.
The 250 hectare Nyngan PV plant together with its sister solar plant in Broken Hill, will have a combined capacity of 155 MW, bolstering AGL’s credentials as the largest ASX-listed owner, operator and developer of renewable energy generation in Australia. In the last decade AGL has invested more than USD 3 billion in renewable energy projects.
AGL Project Manager for both the Nyngan and Broken Hill Solar Plants, Adam Mackett, said the team has been working very closely with the Australian Energy Market Operator (AEMO) and local distributor Essential Energy (EE) to make sure testing and commissioning was satisfactory to enable 100 percent generation. Largest utility-scale solar PV plant ever built in Australia
AGL’s 140 hectare Broken Hill plant has also reached a significant construction milestone, with 35 percent of the 650,000 solar PV modules installed……..
“This new Australian record sends a strong signal to the energy industry that utility-scale solar PV plants can be constructed on time and on budget,” said Australian Renewable Energy Agency (ARENA) CEO Ivor Frischknecht, adding, “ARENA is pleased to support this landmark project, which will greatly increase market confidence in future solar PV projects, bringing down the cost of planning, construction and finance.”……
Nyngan and Broken Hill PV plants to produce 360,000 megawatt hours of solar power annually……..AGL will deliver the solar plants in partnership with local councils and communities, project partner First Solar, as well ARENA and the NSW Government. http://www.solarserver.com/solar-magazine/solar-news/current/2015/kw25/utility-scale-pv-in-australia-agls-102-mw-nyngan-solar-plant-achieves-full-generation.html
Electricity utilities scramble now to embrace domestic solar and storage systems
Energy companies embracing domestic solar and storage systems in scramble to protect profits, ABC News 14 June By business reporter Stephen Letts The battle lines in the fight to power the nation are rapidly being redrawn as the emergence of domestic solar and storage systems have forced the big utilities to scramble to protect their shrinking fiefdoms.
Six months ago, the big three power companies – AGL, Origin and EnergyAustralia – were spending considerable time and resources fighting to have both large and small scale Renewable Energy Targets (LRET and SRES) either cut or abolished.
In the past few weeks the rhetoric has been all about the lucrative growth opportunities for their small residential solar businesses.
Both the big listed Australian utilities – AGL and Origin – have told their recent investor briefings that their traditional businesses in the National Electricity Market (NEM) do not exactly have bright prospects.
Coal fired generation in decline; demand and prices hit Continue reading
Australian Technologies Competition (ATC) dominated by renewable energy solutions
Smart grid, renewable energy solutions dominate Australian tech comp shortlist, REneweconomy, By Sophie Vorrath on 15 June 2015 A pre-fab, portable solar power solution; peak energy load predicting software; and inverter/charger grid balancing technology for network operators. These are just three of a range of home-grown, new clean technologies to make the shortlist for this year’s Australian Technologies Competition (ATC), announced on Monday………
This year’s Semi Finalists includes NSW-based 5B Australia, for its prefabricated, portable, modular solar PV power system for use where energy needs are changeable, short-term or over multiple sites; Queensland’s Renewable Energy Solutions Australia (RESA) for its VoltLogic inverter/charger technology that can be used for power factor correction and phase balancing in grid networks, where renewables capacity is being added; and a retrofittable hybrid heating, ventilating, and air conditioning unit that delivers an average a 30-40 per cent energy reduction on costs compared to conventional HVAC units, from Victorian company Independent Products.
There is also “CloudCAM”, by NSW company Fulcrum3D – an advanced, ground-based sky imaging system that identifies, categorizes, tracks
and predictscloud movement and shadow for solar power stations; and a product that reduces network, customer and generation peaks to
provide energy optimisation and demand management, by Victoria-based company, GreenSync…………http://reneweconomy.com.au/2015/smart-grid-renewable-energy-solutions-dominate-australian-tech-comp-shortlist-19161
Adelaide’s Advertiser continues to spout pro nuclear advertising articles
Dennis Matthews, It is indeed pathetic that the pro-nuke lobby keeps repeating the same old one-sided arguments to support their out-dated, dangerous and dirty industry (The Advertiser, 15/6/15). This should be recognised for what it is, the standard tool of the propaganda merchant.
It is equally pathetic that others keep repeating the neurotic claim that opposition to the nuclear industry is some sort of conspiracy to prevent “rational debate” (The Advertiser, 15/6/15), a claim that flies in the face of countless inquiries run by manifestly pro-nuclear governments.
But the most pathetic thing of all is that a reputable newspaper keeps publishing these sorts of unproductive and boring contributions to what is claimed to be an important issue.
Let’s have not only a rational debate but also a debate that encourages the flow of new information not repetitive, mindless, propaganda that appears to be designed to brainwash rather than inform.
Rockefeller Brothers Fund warns Australia on diseconomics of investing in coal
Australian Government ‘stuck in the past’ defending fossil fuels, descendant of John D Rockefeller says, ABC News Four Corners By Geoff Thompson 15 June 15 A descendant of America’s first billionaire John D Rockefeller, whose fortune was built on oil, has accused the Australian Government of being “stuck in the past” for continuing to defend fossil fuels like coal.
Valerie Rockefeller Wayne is the chair of the $1.1 billion Rockefeller Brothers Fund, a charity committed to social change. The fund last year joined a growing “divestment” movement by abandoning its investments in coal companies.
“The value of coal stock in the United States has gone down 60 to 90 per cent,” Ms Rockefeller told the ABC’s Four Corners program. “This is a global phenomenon and we want to get out of those because we see the fossil fuel investments as risky.”
Ms Rockefeller said the numbers for coal no longer added up in Australia either.
“If you look just at the financial data in Australia … over the past five years, the SNP500 has gone up by 76 per cent,” she said. “The value of coal stocks has gone down by 71 per cent, so you’ve lost a lot of money if you’ve been in coal.”…………..
“In my mind Australia’s an extremely progressive country that has been an international player on so many issues. “It is baffling to me why the current Australian Government is stuck in the past rather than looking towards the future and becoming part of the solution.”
Ten days ago Norway decided one of the world’s richest government pension funds, the $1.1 trillion Norwegian Sovereign Wealth fund, would divest from companies that derive more than 30 per cent of their income from coal.
Last week the G7 group of industrial nations agreed to give up fossil fuels by the end of the century. http://www.abc.net.au/news/2015-06-15/government-stuck-in-the-past-defending-fossil-fuels-rockefeller/6544200
Rio Tinto will have to step in to fund rehabilitation of Kakadu’s uranium mining area
ERA cans Ranger uranium mine in Kakadu by: BARRY FITZGERALD , Resources Editor The Australian June 12, 2015 The crash in uranium prices in the wake of the 2011 Fukushima nuclear disaster in Japan has claimed the controversial Ranger mine inside the world heritage-listed Kakadu National Park in the Northern Territory as its latest victim.
Operated by the Rio Tinto-controlled Energy Resources of Australia (ERA), Ranger’s long-term future was to be secured by the development of an underground uranium resource known as Ranger 3 Deeps.
But ERA has canned the development, citing the “current operating environment”. The decision leaves ERA to process stockpiles from the previous open-cut operation which was dogged in recent years by water handling issues and process plant spills.
Shares in ERA plummeted after the announcement. At 2:10pm the shares were down 61c, or 47 per cent, to 69c each in trading on the Australian Securities Exchange.
Rio (RIO) owns 62 per cent of the ASX-listed ERA and said last night that it would likely take a $US300 million impairment charge on the investment — an acknowledgment that in the current environment, its investment is near worthless.
Rio could also be compelled to step in to ensure that in the event that Ranger’s life is not extended beyond the current treatment of stockpiles, ERA will be able to meet its rehabilitation costs of more than $600m…….
Despite seeming to baulk at having to help ERA at its annual meeting in April, Rio said last night that it recognised the “importance of ongoing rehabilitation work at the Ranger mine site”.
It said it was “engaged with ERA on a conditional credit facility to assist ERA to fund its rehabilitation program, should additional funding be required beyond ERA’s existing cash reserves and the future earnings from processing ore stockpiles”…. http://www.theaustralian.com.au/business/mining-energy/era-cans-ranger-uranium-mine-in-kakadu/story-e6frg9df-1227394169459
World will be watching how Australia manages Kakadu, now that uranium mining there has ended
WWF welcomes cancellation of Kakadu uranium mine http://www.theadvocate.org.au/wwf-welcomes-cancellation-of-kakadu-uranium-mine/
WWF has welcomed the cancellation of a planned controversial underground uranium mine in Kakadu National Park.
Energy Resources of Australia, whose parent company is Rio Tinto, cancelled the Ranger 3 Deeps project in a statement to the Stock Exchange last night.
The proposed mine was in an area that had previously been excised from the Kakadu National Park and World Heritage Area.
WWF said the move was not only a victory for Australia’s environment, but also important for further economic empowerment of Indigenous communities.
WWF-Australia CEO Dermot O’Gorman backed calls by the Mirarr Traditional Owners to ensuring the permanent protection of the natural and cultural values for which Kakadu is inscribed World Heritage.
“Kakadu is one of Australia’s environmental treasures and this development presents an ideal opportunity for the area to be rehabilitated and incorporated into the Kakadu World Heritage Area,” said WWF-Australia CEO Dermot O’Gorman.
“Now that the mine will not go ahead, WWF looks forward to ERA and Rio Tinto accelerating the rehabilitation program, ensuring that it results in the full reinstatement of the internationally recognised outstanding natural and cultural values of this important site.
“With a World Heritage Committee meeting now less than a month away, the eyes of the world will be watching how the Australian Government and Rio Tinto manage the rehabilitation of Ranger.”
Victorian government moves to speed up wind farm projects
Streamlined Victorian wind farm planning laws promise more regional renewable energy investment ABC News, 12 June 15, The Victorian Government says changes to wind farm planning laws will drive renewable energy investment in the state.
New changes mean the Planning Minister will assess wind farm applications and their infrastructure together.
Previously, developers had to submit multiple applications to local and state governments.
Planning Minister Richard Wynne said it made the application process easier for investors.
“What we are saying is that the doors are open, we are unambiguously in the space of wind farms, we are encouraging investment and the decisions that we reach today around the planning considerations give a streamlined outcome for anyone who wants to invest in wind farms in Victoria,” he said.
He said the move would create jobs in country Victoria.
“Investment in wind farms just makes tremendous sense in terms of employment outcomes for regional communities, it makes tremendous sense in terms of climate change and it’s a great win for regional economies right across regional Victoria,” he said.
Meanwhile, the Australian Wind Alliance said it has concerns for south-west Victoria’s renewables sector, in the wake of comments made by the Prime Minister……http://www.abc.net.au/news/2015-06-12/victorian-wind-farm-planning-laws-streamlined/6540634
Uranium glut, Ranger shutdown, leave Rio Tinto with $300M writedown
Rio Tinto mulls $300M writedown as uranium mine expansion cancelled, Mining.com Cecilia Jamasmie | June 12, 2015 Mining giant Rio Tinto (LON, ASX:RIO) is contemplating to take a writedown of about $300 million after its subsidiary Energy Resources of Australia (ASX:ERA) decided to cancel plans to expand a uranium mine.
ERA, in which Rio has a 68.4% stake, said on Thursday that it would not proceed with the final feasibility study of its Ranger 3 Deeps uranium project in Australia’s Northern Territory, citing weak market conditions.
The decision underscores the ongoing strains in the nuclear industry following the Fukushima meltdown in 2011, which prompted Japan to mothball its 43 operable reactors, causing uranium prices to drop as a result of a worldwide supply glut……..http://www.mining.com/rio-tinto-mulls-300m-writedown-as-uranium-mine-expansion-cancelled/
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