The twentieth century way of life has been made available, largely due to the miracle of cheap energy. The price of energy has been at record lows for the past century and a half.As oil becomes increasingly scarce, it is becoming obvious to everyone, that the rapid economic and industrial growth we have enjoyed for that time is not sustainable.Now, the hunt is on. For renewable sources of energy, for alternative sources of energy, for a way of life that is less dependent on cheap energy.Â
As predicted by The Generator in August 2014 a combination of domestic solar power and local storage has fallen below the price of grid power. South Australia will ramp up its incentives to owners of household solar power. While this price advantage makes it attractive to customers in all states to leave the grid, sonme governments Continue Reading →
The oil from sunken tanker Sanchi is heading for Korean and Japanese fisheries according to the British National Oceanography Centre. The tanker sank two weeks after crashing with a cargo ship in the East China Sea on January 6th. Registered in Panama and owned by Iranian interests the Sanchi was carrying 136,000 tonnes (960,000 barrels) Continue Reading →
Australia has the opportunity to be a renewable energy superpower, Professor Ross Garnaut said last week. “Nowhere else in the developed world are wind and solar so abundant,” he told and Energy Conference in South Australia. Separately, the renewable energy economic newspaper, RenewEconomy, predicted that the renewable energy market will explode during 2017 with the Continue Reading →
One week after a hole in chamber 2 of the Fukishima nuclear reactor was discovered to be leaking highly toxic waste into the groundwater, radiation levels 9 times higher than those immediately after the disaster have been detected inside the reactor. A robot used to explore the internal chambers was destroyed by radiation over one Continue Reading →
Energy producers and consumers including the Aluminium Council of Australia and the Cement Industry Federation have jointly written an open letter demanding stable, long-term, non-partisan energy policy. Head of the Aluminium Council, Bruce Cox, said that the industry is not concerned how energy is produced, only that it is reliable. “The aluminium industry in Tasmania Continue Reading →
Iran announced earlier this month that it will stop reporting its financial affairs in US dollar from the end of its Fiscal year in March. The nation also tested a ballistic missile causing Israel to demand firm action from the US. Iran immediately suspended all future visas for American citizens in direct response to President Continue Reading →