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How new NSW gas-fired peakers changed price spikes in 2001 and 2002

Posted by gasweek on 17 October, 2007

How new NSW gas-fired peakers changed price spikes in 2001 and 2002
A chart showing standard deviation in the electricity pool price per quarter contained in a report “Securing Private Investment in New Generation in New South Wales” prepared by Morgan Stanley for the Owen Inquiry also demonstrated the commissioning of gas-fired peakers during 2001 and 2002.

Reference: Morgan Stanley, Report to the Owen Inquiry: Securing Private Investment in New Generation in New South Wales, 31 August, 2007.

16/10/2007

[ printable ]

Posted in Australia, Gas, Generation, NEMMCO, NSW, OCGT, Volume 2604 | Leave a Comment »

Macedon gas field possible supplier to domestic gas market in Western Australia; change in gas delivery standards needed

Posted by gasweek on 17 October, 2007

BHP Billiton’s Macedon gas field off the West Australian coast was coming into play as a possible supplier to the domestic gas market, wrote Nigel Wilson in The Australian (12/10/2007, p. 22). Read the rest of this entry »

Posted in 2P, Australia, Exploration, Gas, Volume 2604, WA, Western Australia | Leave a Comment »

Greens will not support Telecommunications (Interception and Access) Amendment Bill: “Major attack on privacy,” says Nettle

Posted by gasweek on 12 October, 2007

Senator Kerry Nettle, Greens Party, speaking in the Senate on 20 September 2007, said the Greens would not support the Telecommunications (Interception and Access) Amendment Bill 2007.

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Posted in Australia, Defence, Security, Surveillance, Volume 2604 | Leave a Comment »

Three-quarters of Australians saw Australia’s involvement in Afghanistan war as making the nation more of a target for terrorists

Posted by gasweek on 11 October, 2007

According to Sandra O’Malley and Adam Bennett, a comprehensive study of public attitudes to the nation’s closest ally conducted by the Sydney University-based United States Study Centre found a continuing decline in Australians’ opinion of America, based largely on the wars in Iraq and Afghanistan, reported The Canberra Times (4/10/2007, p.8).

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Posted in Australia, Defence, Security, Volume 2603 | Leave a Comment »

Alcoa to shed 194 jobs, bringing end to aluminium foil manufacturing in Aus: cites high $A, low-cost China

Posted by gasweek on 10 October, 2007

Alcoa would shed 194 jobs, the bulk of which would be lost when it shut its aluminium foil and coil plant at its Yennora site in western Sydney, wrote Andrew Trounson in The Australian (28/9/2007, p.2).

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Posted in Australia, China, NSW | Leave a Comment »

Shopper dockets a possible test case for the government’s controversial new predatory pricing laws: ACCC needs to issue guidelines

Posted by gasweek on 10 October, 2007

Shopper docket critics said the number of independents forced out of the market demonstrates purpose. And the 4c a litre reduction, often larger, could mean petrol being sold below cost.

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Posted in Australia, Petrol, Policy, Regulation, Volume 2603 | Leave a Comment »

Dems Senator airs concerns after Attorney-General invokes Cold War era legislation – for first time ever – to charge “non-violent protesters” at Pine Gap demo

Posted by gasweek on 9 October, 2007

Democrats Senator Andrew Bartlett (Queensland) told the Senate that the Attorney-General use of the Defence (Special Undertakings) Act to charge protesters represented an unecessary “sledgehammer approach”, after Liberal MP Richard Colbeck, Parliamentary Secretary to the Minister for Finance and Administration, tabled a statement on the Joint Defence Facility Pine Gap, on behalf of the Minister for Defence, Brendan Nelson.

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Posted in Australia, Defence, Security, US, Volume 2603 | Leave a Comment »

Chevron Australia managing director Jay Johnson moving to head oil and gas giant’s Eurasia strategic business unit, based in Kazakhstan; Turnbull ready to sign off on Pluto project

Posted by gasweek on 5 October, 2007

According to energy writer Nigel Wilson, Chevron Australia managing director Jay Johnson was moving to head the oil and gas giant’s Eurasia strategic business unit, based in Kazakhstan, reported The Australian (26/9/2007, p.40). Read the rest of this entry »

Posted in Australia, Gas, LNG, Volume 2603 | Leave a Comment »

US dollar drops below Canadian dollar; low-value dollar makes long term Treasury bonds less attractive

Posted by gasweek on 5 October, 2007

The US dollar dropped below the Canadian dollar last week and was barely hanging on to parity now, reported David Cho in The Sydney Morning Herald (27/9/2007, p. 27). Read the rest of this entry »

Posted in Australia, Canada, Finance, Gas, US, Volume 2603 | Leave a Comment »

Facebook, MySpace could become targets of new fed government bill blocking access to overseas sites blacklisted by federal police commissioner; blanket IP bans lack subtlety

Posted by gasweek on 5 October, 2007

Popular networking websites such as Facebook could become inadvertent targets of a new federal government bill blocking access to overseas sites blacklisted by the federal police commissioner, reported The Australian (25/9/2007, p.6). Read the rest of this entry »

Posted in Australia, Defense, Gas, Security, Unknowns, Volume 2603 | Leave a Comment »

No CO2 dumps in Bass Straight: ExxonMobil and BHPB already at work beyond Kipper from a new platform linked to its existing Marlin structure

Posted by gasweek on 5 October, 2007

According to Keith Orchison, in The Australian, (29/9/2007, p.9) ExxonMobil and BHPB were already at work on the next project beyond Kipper — the development of the Turrum field, estimated to hold 800 billion cubic feet of gas, from a new platform linked to its existing Marlin structure. Read the rest of this entry »

Posted in Australia, CO2 dumps, Emissions, Gas, Volume 2603 | Leave a Comment »

Burma riots sparked by skyrocketing fuel prices, as govt overstates growth, oil/gas deals

Posted by gasweek on 5 October, 2007

Experts said the Burma Government’s mistake was raising fuel prices overnight on 15 August without first publicly explaining the increase or considering a phased-in price rise, as other Asian countries have done, wrote Aye Win in The Advertiser (29/9/2007, p.70). Read the rest of this entry »

Posted in Australia, Burma, Defense, Gas, Volume 2603 | Leave a Comment »

Air New Zealand partners with Boeing, Rolls-Royce to test biofuel blend in 747

Posted by gasweek on 5 October, 2007

Air New Zealand would start ground-breaking aircraft testing of biofuels as early as next year and believed the technology could become commercially viable for airlines sooner than expected, wrote aviation writer Steve Creedy in The Australian (29/9/2007, p.35). Read the rest of this entry »

Posted in Australia, Aviation, Emissions, Gas, NZ, Pacific, Volume 2603 | Leave a Comment »

Innocent man killed as “terrorist”; police operation goes wrong, London jury hears

Posted by gasweek on 5 October, 2007

In an unprecedented health and safety pros­ecution that was launched yesterday, the Metropolitan Police were accused of overseeing a “catastrophic” operation that led to the death of the 27-year-old Brazilian electrician who had been mistaken for one of the bombers involved in failed suicide attacks on London’s subway trains on 21 July 2005, wrote Charlotte Gill in The Courier Mail (3/10/2007, p.36). Read the rest of this entry »

Posted in Australia, Defense, Europe, Gas, UK, Volume 2603 | Leave a Comment »

Long road to legitimacy: Ramos-Horta once labelled a terrorist by Aus and refused visa

Posted by gasweek on 5 October, 2007

Jose Ramos-Horta has been one of the world’s enduring political figures, noted The Sydney Morning Herald (22/9/2007, p.25). Read the rest of this entry »

Posted in Australia, Defense, East Timor, Gas, Volume 2603 | Leave a Comment »

Howard and Costello throw principles of TPA “out the window” with predatory-pricing amendment

Posted by gasweek on 5 October, 2007

The Federal Government was of course a team effort, so while Howard was said to be the brains of the radical change to the [Trade Practices] law, it was actually done under the name of Treasurer Peter Costello who, by definition, deserved equal condemnation, wrote John Durie in The Australian (19/9/2007, p.48). Read the rest of this entry »

Posted in Australia, Energy Efficiency, Gas, Regulation, Retail, Volume 2603 | Leave a Comment »

Echoes of Eisenhower in new ‘security-industrial complex’: weak Western leaders fuelling paranoia

Posted by gasweek on 5 October, 2007

Commentators have ascribed the chaotically belligerent aftermath of 11 Sep­tember to weak Western leaders crav­ing popularity in the glamour of war, wrote Simon Jenkins in The Sydney Morning Herald (20/9/2007, p.13). Read the rest of this entry »

Posted in Australia, Defense, Gas, UK, US, Volume 2603 | Leave a Comment »

WA’s Northern Goldfields BHP Billiton wants to dominate the region the same way as WMC did for more than 30 years

Posted by gasweek on 5 October, 2007

BHP Billiton wants to dominate the region the same way as WMC did for more than 30 years as the partner of choice for the smaller miners around Kambalda and further north, according to Michael Vaughan, in The Australian Financial Review, (24/9/2007, p. 15). Read the rest of this entry »

Posted in Australia, Energy Efficiency, Gas, nickel, Volume 2603 | Leave a Comment »

Multinational mercenaries: Iraq private-security contractors still immune from Iraqi law

Posted by gasweek on 5 October, 2007

Their helicopters buzzed through the Baghdad sky, their patrols bristled with the latest weaponry and their armoured vehicles carried the latest high-tech gadgets, wrote Paul Tait in The Canberra Times (22/9/2007, p.B2). Read the rest of this entry »

Posted in Australia, Defense, Energy Efficiency, Gas, Iraq, Volume 2603 | Leave a Comment »

Oil price: Goldman Sachs JBWere predicts multi-year, three-phase, forecast “super-spike” band from $US 105 a barrel to $US 135 a barrel

Posted by gasweek on 3 October, 2007

Goldman Sachs JBWere said that recent rises in the oil price were the second phase of a multi-year, three-phase “super-spike” era, underpinned by the struggle of oil suppliers to catch up with growth in demand, reported The Australian Financial Review, (24/9/2007, p. 25).

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Posted in Australia, oil, Price, US, Volume 2602 | Leave a Comment »

Ethanol-blended petrol on sale in Tas for first time: LRP to be phased-out

Posted by gasweek on 3 October, 2007

Ethanol-blended petrol went on sale in Tasmanian service stations for the first time in late July, reported The Mercury (28/7/2007, p.5).

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Posted in Australia, Ethanol, Petrol, Tasmania, Volume 2602 | Leave a Comment »

Great Wall of Sydney can be seen for five kilometres around the CBD at 2.8 metres high with 5 tonnes of concrete footings

Posted by gasweek on 2 October, 2007

The Great Wall of Sydney could be seen for five kilometres around the CBD according to Deirdre Macken of The Australian Financial Review (18/8/2007, p. 27).

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Posted in Australia, Defense, NSW, Security, Volume 2602 | Leave a Comment »

Squads of heavily armed, anti-terror police now targeting Aus dissent, claims Australia Institute chief

Posted by gasweek on 2 October, 2007

In a recent ‘Quarterly Essay’, David Marr told the disturbing story of the treatment of a number of young men in Sydney who were arrested for events that occurred at the G20 demonstration in Melbourne last year, wrote Clive Hamilton, executive director of the Australia Institute, in The Sydney Morning Herald (7/92007, p.27).

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Posted in Australia, Defense, NSW, Security, Volume 2602 | Leave a Comment »

Danger of return to 1950s, when ASIO watched anyone regarded as vaguely left-wing, warns Australia Institute chief

Posted by gasweek on 2 October, 2007

We were in danger of returning to the dark days of the 1950s and ’60s when ASIO, armed with excessive powers, carried out surveillance of anyone regarded as vaguely left-wing, including peace groups, anti-war activists and women’s groups, wrote Clive Hamilton, executive director of the Australia Institute, in The Sydney Morning Herald (7/9/2007, p.27).

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Posted in Australia, Defense, Security, Volume 2602 | Leave a Comment »

Conflict over iron ore developments in Western Australia’s Mid west region escalates; Minister threatens termination of agreement

Posted by gasweek on 28 September, 2007

West Australian Deputy Pre­mier Eric Ripper had sharply escalated the conflict over iron ore developments in the State’s Mid West region, according to Nigel Wilson, reported The Australian (20/9/2007, p.20). Read the rest of this entry »

Posted in Australia, Gas, Regulation, Volume 2602 | Leave a Comment »

White (APW) wheat fetching $376/t, up $15 from previous trading day; staggering $61/t increase in fortnight

Posted by gasweek on 28 September, 2007

As price uncertainty continued, Chicago Board of Trade (CBOT) December 2007 futures — already at an all-time record for this time of year — hit US843c a bushel last Friday, according to Colin Bettles, reported Farm Weekly (13/9/2007, p. 1). Read the rest of this entry »

Posted in Australia, Gas, Volume 2602 | Leave a Comment »

Former ACCC chair attacks Fed Govt reforms of predatory pricing laws: swinging pendulum too far in favour of small business

Posted by gasweek on 28 September, 2007

The former chair of the Aus­tralian Competition and Consumer Commission, Allan Fels, attacked the Federal Government’s reforms of predatory pricing laws, and said they have swung the pendu­lum too far in favour of small business and may drive up con­sumer prices, wrote Steven Scott in The Australian Financial Review (25/9/2007, p.8). Read the rest of this entry »

Posted in Australia, Finance, Gas, Regulation, Retail, Volume 2602 | Leave a Comment »

New theory explains strange events during 2003 Canberra fires: changes in pressure create shock waves, lead to explosions

Posted by gasweek on 28 September, 2007

The Canberra firestorm that ravaged Australia’s capital in January 2003 surprised everyone, reported New Scientist (4/8/2007, p38). Read the rest of this entry »

Posted in Australia, Gas, Unknowns, Volume 2602 | Leave a Comment »

Effect of rising oil costs to be considered at first Cabinet chaired by new Queensland Premier Anna Bligh

Posted by gasweek on 28 September, 2007

A major new report warning of a looming social crisis because of rising oil costs was to be considered at the first Cabinet to be chaired by new Queens­land Premier Anna Bligh, reported The Courier Mail (17/9/2007, p. 9). Read the rest of this entry »

Posted in Australia, Gas, Volume 2602 | Leave a Comment »

Five years of double-digit profit growth encourages pouring billions of dollars into new projects and equipment

Posted by gasweek on 28 September, 2007

Five years of double-digit profit growth was driving a spending boom across corporate Australia as the nation’s largest companies ploughed billions of dollars into new projects and equipment, reported The Australian Financial Review (25/9/2007, p. 1). Read the rest of this entry »

Posted in Australia, Gas, Volume 2602 | Leave a Comment »