The plan was Hydro Tasmania would get the gas turbine site it had sold to BBP back for $30 million cash in 2007 - for free, and would pay $100 million for assets - said were worth $220 million - for the uncompleted Tamar plant.
(Full Article)Nextgen reported in the Queensland GEC market one midweek trade took place in the Cal 08s at $10.75 in 25K. Erisk notes that this appears to relate to an oversupply caused by new coal seam methane.
(Full Article)Over the Counter, or OTC trading in Australian Emissions Trading Units started in May this year.
(Full Article)Activity in the options market this week was limited to a Cal09 52.50 REC Put that traded at $5.10 on Monday. REC and NGAC markets moved lower.
(Full Article)Australian Emissions Trading Units started in May 2008 with initial trade between AGL and Westpac at $20.00 a tonne
(Full Article)The United States Senate Committee on Homeland Security and Governmental Affairs Commodity noted prices have increased more in the aggregate over the last five years than at any other time in US history.
(Full Article)Unserved energy (blackout risks) in the Queensland region had reduced largely due to significant rainfall in the region in January and February 2008 - in the "average" rainfall scenario.
(Full Article)Generators get dispatched in order to meet customer demand under the different drought scenarios. For example, a generator operating at 100per cent capacity factor over a certain period of time would be generating at its full rated power output for the entire period.
(Full Article)One large unnamed Victorian generator faced a water crisis if dame levels stayed low. NEMMCO's 1 July drought update, which contained data not published in other NEMMCO forecasts - said"
(Full Article)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)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
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