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As the energy is essentially free, renewable electricity costs, like those of nuclear electricity, are almost entirely dependent on the up-front construction costs and the method of financing these.  Minimising the initial investment, relative to the expected energy yield, is critical to commercial viability.  But revenue is also dependent on when, and where, the energy can be delivered to meet the demand patterns of energy consumers.

For example, if it requires four times the capital investment in equipment to extract one megawatt hour (1 MWh) of useable electricity from sunlight, as compared to extracting it from wind, engineers need to find ways of quartering the cost of solar capture and conversion equipment; or increasing the energy converted to electricity fourfold; to make solar directly competitive.

 

 

The following paper was written back in 2007.  Since that time the Global Financial Crisis (GFC) struck and oil prices have not risen as projected.  But we are now hearing about peak oil again and there have been two programmes on radio and TV in the last fortnight floating the prospect of peak oil again. 

At the end of 2006 the documentary film A Crude Awakening warned that peak oil, ‘the point in time when the maximum rate of petroleum production is reached, after which the rate of production enters its terminal decline’, is at hand. 

(Carbon Sequestration)

 

 

 

Carbon sequestration 2009 10 07
Carbon Sequestration Source: Wikimedia Commons

 

At the present state of technological development in NSW we have few (perhaps no) alternatives to burning coal.  But there is a fundamental issue with the proposed underground sequestration of carbon dioxide (CO2) as a means of reducing the impact of coal burning on the atmosphere. This is the same issue that plagues the whole current energy debate.  It is the issue of scale. 

Disposal of liquid CO2: underground; below the seabed; in depleted oil or gas reservoirs; or in deep saline aquifers is technically possible and is already practiced in some oil fields to improve oil extraction.  But the scale required for meaningful sequestration of coal sourced carbon dioxide is an enormous engineering and environmental challenge of quite a different magnitude. 

It is one thing to land a man on the Moon; it is another to relocate the Great Pyramid (of Cheops) there.


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Travel

China

 

 

I first visited China in November 1986.  I was representing the New South Wales Government on a multinational mission to our Sister State Guangdong.  My photo taken for the trip is still in the State archive [click here].  The theme was regional and small business development.  The group heard presentations from Chinese bureaucrats and visited a number of factories in rural and industrial areas in Southern China.  It was clear then that China was developing at a very fast rate economically. 

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Fiction, Recollections & News

The Secret

 

 

 

Lansing Michigan was a fine place to grow up, she guessed.  It was nice; and safe.

Her dad worked in the Michigan State Government and her mum stayed home. They weren’t rich but they were comfortable. Their new house was big, the nicest they had lived in and it was in a really good area. 

She had never been overseas, unless you count nearby Canada, and that was mainly on trips to Niagara Falls, usually when one of Mum’s sisters came to stay. When they passed through Sarnia, into Canada, Dad would always say "Yea! Overseas again!". It was about his only joke.

Sometimes they went through Detroit. But after what had happened there the last time, she shut that out of her consciousness. No wonder she is timid and takes fright easily. Now if a friend even seemed to be driving in that direction she would go into the foetal position and shut-down.

Attachments:
Download this file (The Secret.azw3)The Secret[eBook for Kindle]139 kB
Download this file (The Secret.epub)The Secret[ePub for e-readers]108 kB
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Opinions and Philosophy

Australia's $20 billion Climate strategy

 

 

 

We can sum this up in a word:

Hydrogen

According to 'Scotty from Marketing', and his mate 'Twiggy' Forrest, hydrogen is the, newly discovered panacea, to all our environmental woes:
 

The Hon Scott Morrison MP - Prime Minister of Australia

"Australia is on the pathway to net zero. Our goal is to get there as soon as we possibly can, through technology that enables and transforms our industries, not taxes that eliminate them and the jobs and livelihoods they support and create, especially in our regions.

For Australia, it is not a question of if or even by when for net zero, but importantly how.

That is why we are investing in priority new technology solutions, through our Technology Investment Roadmap initiative.

We are investing around $20 billion to achieve ambitious goals that will bring the cost of clean hydrogen, green steel, energy storage and carbon capture to commercial parity. We expect this to leverage more than $80 billion in investment in the decade ahead.

In Australia our ambition is to produce the cheapest clean hydrogen in the world, at $2 per kilogram Australian.

Mr President, in the United States you have the Silicon Valley. Here in Australia we are creating our own ‘Hydrogen Valleys’. Where we will transform our transport industries, our mining and resource sectors, our manufacturing, our fuel and energy production.

In Australia our journey to net zero is being led by world class pioneering Australian companies like Fortescue, led by Dr Andrew Forrest..."

From: Transcript, Remarks, Leaders Summit on Climate, 22 Apr 2021
 

 

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