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Epic Energy and AGL plan Queensland CSM gas to flow south from January 2009, from Queensland via Moomba line to NSW and South Australia

The proposed 'missing link" pipeline will transport coal seam gas (CSG) for various shippers via the South West Queensland Pipeline (SWQP) and the Queensland to South Australia / New South Wales Link Pipeline (QSN Link), the Moomba to Sydney Pipeline (MSP) and the Moomba to Adelaide Pipeline (MAP). The map - shows the AGL investments.

(Full Article)


Snowy Hydro may suspend operations: declare force majeure, if Eucumbene and Jindabyne storages fall to catastrophic lows

The graph above shows Snowy Hydro generation over last 90 days to 11 August 2008, and reduced use of Tumut units. On 6 August Moody's withdrew insured ratings on Snowy Hydro's MTNs and Baa1 underlying senior unsecured ratings on all of Snowy Hydro's MTNs “for business reasons”. This suggests a major risk event for Snowy Hydro, not yet released to the market. The affected notes include $277 million of senior unsecured MTNs due in 2010 and $ 223 million of senior unsecured MTNs due in 2013.

(Full Article)


Prepare for the unthinkable: what if Snowy Hydro can’t cover hedge contracts because of water shortage

Eucumbene water storage was at 12 per cent, south east Australia was headed for a hot summer, and Snowy had said it now now more water going out than coming in.

(Full Article)


Cultural shift for NSW: 350MW of network support ready for dispatch for 2008/2009 summer

The NSW government had a plan to cut peak demand through the use of demand side. After five years of planning, 350MW had been aggregated from multiple sources, and would be dispatched by NEMMCO - and the pool price passed through to the suppliers - this 2008-2009 summer

(Full Article)