Major Blow to ‘Clean Coal’ as 11- Year, $7.5 Billion Flagship Project Fails

Major Blow to ‘Clean Coal’ as 11- Year, $7.5 Billion Flagship Project Fails:

In a major blow to proponents of “clean coal” technology, Southern Co., parent company of Mississippi Power, announced in a Securities and Exchange Commission filing Wednesday that it’s throwing in the towel on efforts to generate electricity from coal and will instead use only natural gas at its flagship Kemper County, Mississippi power plant.

The project, which relied on a “gasifier” to turn a cheap and common grade of coal into fuel, is over, at least for now, Southern said.

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‘Gas cartel’ is pushing gas prices up in Australia

‘Gas cartel’ is pushing gas prices up in Australia:

A CARTEL has gained control of Australia’s gas and is killing the economy, pushing prices up and sending businesses broke, one expert says.

Australians are grappling with huge increases in electricity and gas bills, with one recycling business saying his electricity bill had increased from about $80,000 to $180,000 a month.

Plastic Granulating Services was forced to close its doors last month, leaving 35 employees out of work, and there are fears more could follow as further increases are expected.

Part of the reason why power prices are shooting up is due to the closure of cheap coal-fired power stations but also because of rising gas prices.

H/t reader kevin a.

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South Australia’s power woes expose deeper problems with nation’s energy security

South Australia’s power woes expose deeper problems with nation’s energy security:

Australia is rapidly stumbling into a major energy crisis, and there’s little evidence to suggest the federal and state governments can agree on the solutions to fix it.

H/t reader kevin a.

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SA plastics recycling business closes due to $100k hike in power bills

SA plastics recycling business closes due to $100k hike in power bills:

South Australia’s sky-high electricity prices have forced an Adelaide plastics recycling business to shut its doors, costing 35 workers their jobs, its managing director says.

Plastics Granulating Services (PGS), based in Kilburn in Adelaide’s inner-north, said it had seen its monthly power bills increase from $80,000 to $180,000 over the past 18 months.

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Lyon Group announces $1b battery and solar farm for South Australia’s Riverland

Lyon Group announces $1b battery and solar farm for South Australia’s Riverland:

A $1 billion battery and solar farm will be built at Morgan in South Australia’s Riverland by year’s end in a project the proponents describe as “the world’s biggest”.

The builder, Lyon Group, has already proposed a smaller solar farm and battery storage facility, named Kingfisher, in the state’s north.

Lyon partner David Green said the project was 100 per cent equity financed and construction would begin within months, employing 270 workers.

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