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Energy

Renewable Electricity - Hydroelectricity

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Hydroelectricity

 

Hydro-electricity is presently the largest contributor to renewable energy worldwide; in Australia and particularly in NSW.

 

Hydro-electricity also is more desirable than wind generation because of a higher capacity factor and ability to produce power on demand.

 

But hydro-electricity is resource constrained as it is difficult to build new dams in the developed countries that are presently heavy fossil fuel consumers.

Dams flood private property and/or National parks and have many self-interested and environmentally concerned opponents.  Hydro-electric schemes interfere with natural river flows and related wildlife, particularly when they involve extensive inundation.  It has become politically very difficult to construct new dams in Australia, even when the potential energy resource is significant. 

Nevertheless in developing countries like China, India and Vietnam there are large hydro-electricity resources that remain unexploited.

 

 

 

 

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Travel

Spain and Portugal

 

 

Spain is in the news.

Spain has now become the fourth Eurozone country, after Greece, Ireland and Portugal, to get bailout funds in the growing crisis gripping the Euro.

Unemployment is high and services are being cut to reduce debt and bring budgets into balance.  Some economists doubt this is possible within the context of a single currency shared with Germany and France. There have been violent but futile street demonstrations.

Read more: Spain and Portugal

Fiction, Recollections & News

Love in the time of Coronavirus

 

 

 

 

Gabriel García Márquez's novel Love in the Time of Cholera lies abandoned on my bookshelf.  I lost patience with his mysticism - or maybe it was One Hundred Years of Solitude that drove me bananas?  Yet like Albert Camus' The Plague it's a title that seems fit for the times.  In some ways writing anything just now feels like a similar undertaking.

My next travel diary on this website was to have been about the wonders of Cruising - expanding on my photo diary of our recent trip to Papua New Guinea.

 


Cruising to PNG - click on the image to see more

 

Somehow that project now seems a little like advocating passing time with that entertaining game: Russian Roulette. A trip on Corona Cruise Lines perhaps?

In the meantime I've been drawn into several Facebook discussions about the 1918-20 Spanish Influenza pandemic.

After a little consideration I've concluded that it's a bad time to be a National or State leader as they will soon be forced to make the unenviable choice between the Scylla and Charybdis that I end this essay with.

On a brighter note, I've discovered that the economy can be expected to bounce back invigorated. We have all heard of the Roaring Twenties. 

So the cruise industry, can take heart, because the most remarkable thing about Spanish Influenza pandemic was just how quickly people got over it after it passed.

Read more: Love in the time of Coronavirus

Opinions and Philosophy

Manufacturing in Australia

 

 

 

This article was written in August 2011 after a career of many years concerned with Business Development in New South Wales Australia. I've not replaced it because, while the detailed economic parameters have changed, the underlying economic arguments remain the same (and it was a lot of work that I don't wish to repeat) for example:  

  • between Oct 2010 and April 2013 the Australian dollar exceeded the value of the US dollar and that was seriously impacting local manufacturing, particularly exporters;
  • as a result, in November 2011, the RBA (Reserve Bank of Australia) reduced the cash rate (%) from 4.75 to 4.5 and a month later to 4.25; yet
  • the dollar stayed stubbornly high until 2015, mainly due to a favourable balance of trade in commodities and to Australia's attraction to foreign investors following the Global Financial Crisis, that Australia had largely avoided.

 

 

2011 introduction:

Manufacturing viability is back in the news.

The loss of manufacturing jobs in the steel industry has been a rallying point for unions and employers' groups. The trigger was the announcement of the closure of the No 6 blast furnace at the BlueScope plant at Port Kembla.  This furnace is well into its present campaign and would have eventually required a very costly reline to keep operating.  The company says the loss of export sales does not justify its continued operation. The  remaining No 5 blast furnace underwent a major reline in 2009.  The immediate impact of the closure will be a halving of iron production; and correspondingly of downstream steel manufacture. BlueScope will also close the aging strip-rolling facility at Western Port in Victoria, originally designed to meet the automotive demand in Victoria and South Australia.

800 jobs will go at Port Kembla, 200 at Western Port and another 400 from local contractors.  The other Australian steelmaker OneSteel has also recently announced a workforce reduction of 400 jobs.

This announcement has reignited the 20th Century free trade versus protectionist economic and political debate. Labor backbenchers and the Greens want a Parliamentary enquiry. The Prime Minister (Julia Gillard) reportedly initially agreed, then, perhaps smelling trouble, demurred. No doubt 'Sir Humphrey' lurks not far back in the shadows. 

 

 

So what has and hasn't changed (disregarding a world pandemic presently raging)?

 

Read more: Manufacturing in Australia

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