'We don't need it': Critics say plan for new gas power is unnecessary

A former BP Australasia president warns the federal government's plan to underwrite the expansion of gas infrastructure is more of an industry rescue package than a stimulus plan to drive the economy out of the coronavirus pandemic.

The federal government is promising to build its own gas-fired power plant if the industry does not meet a predicted shortfall."The Australian Energy Market Operator says we don’t need [a 1000 gigawatt gas plant in NSW], AGL says we don’t need it, the Australian Energy Market Commission says we don’t need it and investors won’t put money into it," said Mr Bourne, now a member of the Climate Council.

He said renewable projects had greater long term positive impacts because they demanded a larger local workforce and resulted in securing a cheap or effectively free energy source upon completion.

No new ideas..Zilch Nada Zero ..flog that dead horse..with the Champagne Akubra Crew.. my granny playing the spoons had more integrity and common sense..where the fuck do we get these mental midgets from..

Rest of the world is moving into renewables and we just keep going backwards

same critics who would fudge renewable reliability by burning dirty bio fuel

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Morrison to back construction of new gas-fired power stationThe government will open up new gas supplies and back the construction of a gas-fired power station in a mammoth new plan that aims to prevent an energy price spike. CroweDM I wouldn't worry too much. If past performance is an indicator of future performance, it'll never eventuate. CroweDM PM Gives Nation Gas, Mylanta Reserves Held in Uzbekistan CroweDM Tuesday's announcement.
Source: smh - 🏆 6. / 80 Read more »

Coalition divided over PM's gas-led recovery strategy | Sky News AustraliaThe Prime Minister has outlined his ambitious plan for a gas-led recovery out of the COVID-19 recession, issuing a strong ultimatum for the energy sector. \n\nThe Prime Minister demanded electricity generators develop a plan before April 2021 to fill a looming shortfall in dispatchable power due to the closure of the Liddell coal powerplant in the Hunter Valley.\n\nIf private companies fail to deliver, he promised the government would build a new gas power plant to replace the Liddell power station. \n\nThe Prime Minister said “if the energy companies choose to step up and make these investments to create that capacity, great, we will step back. If not, my government will step up and we will fill the gap”.\n\nUnder the gas-led national recovery plan, the Federal government will establish a gas distribution hub, a plan to unlock new gas supplies, investment in new pipelines and a ‘use it or lose it’ rule for gas licenses for companies sitting on reserves.\n\nHowever, some Coalition members have criticised the emphasis on gas with Qld Senator Matt Canavan saying a new advanced coal power station would be more appropriate for the Hunter Valley region given the natural supply of world-class thermal coal in the area. \n Wow cheap clean coal energy!! STOP the UN agenda Energy sector be like 🤷‍♂️ - go extract it yourself. everything he touches turns to sh it or a government ministerial offshore scheme/scam, what a narrow mind he has proven to have..downhillskier
Source: SkyNewsAust - 🏆 7. / 78 Read more »

PM threatens private sector with government intervention in gas market | Sky News AustraliaThe Prime Minister has threatened the private sector the government will forcibly intervene in the gas market and build a new power station in the NSW Hunter Valley unless it can come up with a plan and funding over the next seven months.\n\nScott Morrison will today call for the exploration of more gas reserves including the creation of a new gas hub in Queensland.\n\n'As we turn to our economic recovery from COVID-19, affordable gas will play a central role in re-establishing a strong economy we need for jobs growth, funding gas services and opportunities for all of us,' Mr Morrison will say in a speech.\n\nThe move is in response to the planned closure of the Liddell coal-fired power station, slated for 2023, and the significant cost it would have on Australia's energy market as the government seeks to pay down debt accrued as a result of the coronavirus pandemic.\n\nImage: News Corp Australia\n\n I would've made it 7 days, this has gone on for way too long Yeah, sure they will ! Morrison does a lot of talking but no one takes much notice these days. If the government were to commission a power station, it would be years away. If new legislation was required. It would not pass the senate, and never happen. How quickly Libs flick the switch to socialism when their precious market fails taxpayers again!
Source: SkyNewsAust - 🏆 7. / 78 Read more »