Coalition rebuffed over need for coal-fired power stations

Original article by Greg Brown
The Australian – Page: 4 : 12-Apr-21

A report from the Grattan Institute has concluded that gas will play a key as Australia transitions to a net-zero emissions electricity grid. The report also cautions against shifting to complete reliance on renewables; it contends that the electricity grid can shift to 70-90 per cent renewables in the 2040s with no major impact on the affordability or reliability of the electricity system. Grattan Institute director Tony Wood adds that there is no need to build new coal-fired power stations or to refurbish existing ones to extend their operational life.

CORPORATES
GRATTAN INSTITUTE

Energy split as Lib says zero target too tough

Original article by Greg Brown, Elias Visontay
The Australian – Page: 4 : 11-Feb-20

More than 80 countries have committed to a target of net-zero carbon emissions by 2050, and some members of the Liberal Party’s moderate faction believe that Australia should also adopt this target. However, moderate Liberal Jason Falinski doubts that Australia could achieve this target, given that it is a major energy and agriculture exporter. Conservative Liberal senator Eric Abetz also questions the viability of a 2050 zero emissions target. There is also dissension within the Coalition’s ranks with regard to taxpayer funding for new coal-fired power stations.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY

Call to include clean coal in PM power push

Original article by Olivia Caisley, Joe Kelly
The Australian – Page: 5 : 31-Oct-19

Shine Energy CEO Ashley Dodd says the Clean Energy Finance Corporation’s mandate should be expanded to include replacing Australia’s existing coal-fired power plants with high-efficiency, low-emissions plants. The federal government will inject an additional $1bn into the CEFC, but it has specifically ruled out using the extra funding to invest in new coal-fired plants or to upgrade existing plants. National Party MP Keith Pitt supports expanding the CEFC’s mandate to embrace all energy sources.

CORPORATES
SHINE ENERGY, AUSTRALIA. CLEAN ENERGY FINANCE CORPORATION, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN CONSERVATION FOUNDATION INCORPORATED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Older coal-fired power stations are better bet

Original article by Simon Evans
The Australian Financial Review – Page: 11 : 11-Oct-19

Trevor St Baker contends that there is no ‘natural life’ for a coal-fired power station. St Baker, who was speaking at a national energy summit on 10 November, is the co-owner of the coal-fired Vale power station in New South Wales; he says keeping such stations operating for longer is better than taking a gamble on new technologies such as high-efficiency low emissions plants or carbon capture and storage. Tony Wood from the Grattan Institute told the summit that coal-fired power stations should be allowed to reach the end of their natural life.

CORPORATES
GRATTAN INSTITUTE, AUSTRALIAN ENERGY COUNCIL

PM, Nats work on coal peace plan

Original article by Phillip Coorey, Aaron Patrick
The Australian Financial Review – Page: 1 & 7 : 25-Mar-19

The National Party performed poorly in the New South Wales election on 23 March. This appears likely to re-ignite tensions within the Coalition at the federal level over issues such as coal-fired power stations, with former Nationals leader Barnaby Joyce calling for the federal government to support coal-fired power stations. Prime Minister Scott Morrison and Nationals leader Michael McCormack are understood to be working on a "peace deal" over the issue.

CORPORATES
NATIONAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY

PM declares peace despite ongoing coal push

Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 14-Mar-19

National Party MP Barnaby Joyce is still advocating the use of taxpayers’ funds to build new coal-fired power stations in Queensland. However, Joyce has put his leadership ambitions on hold, declaring that Scott Morrison and Michael McCormack will lead the Coalition into the federal election. Joyce has also backed down on his claim that he is the legitimately elected deputy prime minister, describing it as a "misstep". Meanwhile, Morrison has stressed the need for Australia to have reliable and sustainable power that is "technology and resource agnostic".

CORPORATES
NATIONAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY

Coal war: Joyce sparks showdown with Libs

Original article by Joe Kelly, Greg Brown
The Australian – Page: 1 & 4 : 12-Mar-19

National Party leader Michael McCormack has downplayed concerns about a potential leadership challenge amid growing tensions within the Coalition regarding energy policy. Former Nationals leader Barnaby Joyce has raised the prospect of ending the alliance with the Liberal Party after Prime Minister Scott Morrison ruled out federal government funding for new coal-fired power stations in Queensland. McCormack has rejected suggestions of a "coal war" within the Coalition.

CORPORATES
NATIONAL PARTY OF AUSTRALIA, LIBERAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE

Strategy will shut four coal plants

Original article by Matthew Denholm
The Australian – Page: 6 : 23-Nov-18

Minerals Council of Australia CEO Tania Constable says Labor must explain how it will guarantee a reliable base-load power supply under its policy of a renewable energy target of 50 per cent by 2030. She has warned that the policy could force four coal-fired power stations in Victoria, New South Wales, South Australia and Queensland to be shut down well before the 2030 target date, in addition to the Liddell plant in NSW. She adds that this would result in a big rise in electricity prices.

CORPORATES
MINERALS COUNCIL OF AUSTRALIA, CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA, ELECTRICAL TRADES UNION

Barnaby’s coal plan powers up detractors

Original article by Ean Higgins
The Australian – Page: 5 : 16-Oct-18

National Party MP Keith Pitt has questioned the viability of the federal government’s Snowy Hydro expansion plan. He argues that investing in coal-fired power stations may be a better option if Snowy 2.0’s cost per megawatt hour is very high. The issue of energy policy has come under renewed scrutiny after former deputy prime minister Barnaby Joyce advocated coal-fired power in preference to Snowy 2.0. However, the University of Queensland’s Professor Tor Hundloe says pumped hydro is much more cost-effective than coal-fired power generation.

CORPORATES
NATIONAL PARTY OF AUSTRALIA, UNIVERSITY OF QUEENSLAND

Taylor-made package to prolong coal power

Original article by Samantha Hutchinson
The Australian – Page: 5 : 20-Sep-18

Sources have indicated that the federal government’s new energy policy may include assistance for companies to upgrade existing coal-fired power stations. Energy Minister Angus Taylor has stressed that ensuring the reliability of Australia’s baseload power supply is the government’s key priority. This could potentially include measures aimed at extending the operating lives of existing coal-fired plants or investing in new ones.

CORPORATES
AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AGL ENERGY LIMITED – ASX AGL