Saturday, 8 December 2007

Emphasis on conservation and efficiency having an effect

Albeit not the effect hoped for by many.

In a previous post I included a link about the paradox of efficiency etc.

In practical terms, when an uninformed and misled public protests the construction of new generation facilities - while maintaining or increasing state/national energy demand - something has got to give.

This phenomenon would seem to be manifesting itself in another recent post on energy price increases in South Australia and Victoria as well as this article from the Australian on the current energy squeeze in Queensland.

This time it's not just higher prices, but decreasing reserve capacity [meaning the energy being generated beyond the 100% needed by all of us to run our AC units, not to mention all the heavy industry loads, etc.]. Per the report, the reserve dropped to record lows and the wholesale price for electricity reached the maximum of $10,000 per megawatt hour for supplies into the national electricity grid from Queensland. This, despite the recent start-up of our latest coal munching, carbon spewer, Kogan Creek.

Look for ongoing pressure for added electrical capacity and further utility pressure on the government to get decisive on climate change related regulations. This of course will be running parallel with ongoing international and domestic pressure for Australian emissions cuts.

Yet another perspective on the modern energy crisis where doing nothing / waiting involves considerable risk.

Have I mentioned that one AREVA EPR can reliably generate 1650 MWe, with one of the lowest lifecycle carbon emissions around?

Oh, and AREVA has just initiated construction of their second EPR - this one in France. Italy - buying a 12.5% stake in this project has found an innovative way to get around a 1987 anti-nuclear referendum.

AREVA's also sold a couple more EPRs to China in the largest nuclear sale ever.

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