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First venture sold to Enron: Dehlsen’s first entrepreneurial
venture was Zond Corporation, which was sold to Enron Corp in 1997 and
eventually ended up in the hands of General Electric Co. GE Energy was
now the country’s leading wind power provider.

150 Liberty turbines to be produced in 2006: Clipper Technology
recently opened an assembly plant in Cedar Rapids, Iowa, where Dehlsen
expected to produce five of his high-power Liberty wind turbines in
2005 and 150 in 2006.

Each Liberty turbine costs $2.5 million: Those turbines,
designed to operate even when wind is low, cost about $2.5 million each
and could generate enough electricity over a 30-year life span to power
1250 homes.

Wind power far less damaging to environment: Responding to
complaints about the visual blight and noise of wind turbines, Dehlsen
said wind power generation was far less damaging to the environment
than fossil fuels, which produced high levels of greenhouse gases.

Jobs for depressed farming and industrial areas: In addition,
wind power could bring jobs to depressed farming and industrial areas.
Germany, in less than six years, has installed enough wind projects to
generate 14,000 megawatts (MW) of power and employ 75,000 people.

Huge wind energy resource in US: “The US has a huge wind energy
resource,” he said. “There are four states alone … that could supply
all of the electricity needs of the country,” Dehlsen said.

Aim to capture 15 per cent of global market: Dehlsen said he was
negotiating deals in Eastern Europe, Latin America and China, with an
eye on capturing 12-15 per cent of the global market.

Reference: Digest of latest news reported on website of Climate
Change Secretariat of United Nations Framework on Climate Change
Control (UNFCCC). 2 January 2006.. Address: PO Box 260 124, D-53153
Bonn. Germany. Phone: : (49-228) 815-1005, Fax: (49-228) 815-1999.
Email: press@unfccc.int
http://www.unfccc.int

Erisk Net, 9/1/2006

Reference: Macquarie Generation Annual Report 2004/2005. Contact:
Macquarie Generation Corporate Office, 34 Griffiths Road, Lambton NSW
2299, ph: (02) 4968

7499, website: http://www.macgen.com.au

Erisk Net, 14/12/2005

6-week accreditation process: All power stations accredited in
this period were assessed within 6 weeks of receipt of all necessary
information. The ORER aims to achieve the internal performance
indicator of all applications for accreditation finalised within 6
weeks of the date of last received information. However, the total
assessment time may take longer than 6 weeks where additional
information, to complete the assessment, is required from the applicant.

Reference: Financial Annual Report, Australian Government, Office of
the Renewable Energy Regulator. Contact: Manager, Office of the
Renewable Energy Regulator, GPO Box 621, CANBERRA ACT 2601, ph: (02)
6274 1416, fax: (02) 6274 1725

Erisk Net, 13/12/2005

New REC registry named: The ORER’s contract with the Marketplace
Company to support the REC Registry expires in December 2005. In March
2005 the office awarded a contract to develop a new REC Registry to
AusRegistry International. The migration from the old system to the new
system and the scheduled launch of the new system in late 2005 is being
pursued as a key strategic objective.

ORER policy focus: The ORER expects to continue to work with
industry to enhance their understanding and participation in the MRET,
The ORER also intends to maintain close links with the DEH as it works
with the Government to implement any changes arising from the review of
the operation of the Renewable Energy (Electricity) Act 2000 (the
Tambling review titled Renewable Opportunities), the energy statement
Securing Australia’s Energy Future and any other relevant policies
which may arise.

Reference: Financial Annual Report, Australian Government, Office of
the Renewable Energy Regulator. Contact: Manager, Office of the
Renewable Energy Regulator, GPO Box 621, CANBERRA ACT 2601, ph: (02)
6274 1416, fax: (02) 6274 1725

Erisk Net, 13/12/2005

Friday, 30 December: Top prices of
$2800.09-$4187.69/MWh in multiple spike intervals in NSW, Vic, SA, Qld
and Snowy as heatwave hits Adelaide and Melbourne

Top prices of between $2800.09-$4187.69/MWh were recorded in multiple
spike intervals in NSW, Victoria, South Australia, Queensland and Snowy
on Friday, 30 December.

SA has 23 spike intervals: South Australia had spikes in 23 of
the 48 30-minute trading intervals. NSW, Victoria and Snowy had spikes
in 11 trading intervals and Queensland in seven.

Heatwave causes demand surge: The spikes occurred on a day when
system-wide maximum demand surged by 1650MW (5.9 per cent) to 29,780MW,
largely due to big increases resulting from the heatwave in South
Australia and Victoria. Adelaide had a top temperature of 41 degrees
and Melbourne 39 degrees.

Another direction to Directlink: There were also continuing
problems with NSW supply and NEMMCO directed the Queensland-NSW
Directlink interconnector to be available for dispatch, as well as
offloading the 132kV feeder 9W2 to maintain power system security.
NEMMCO also forecast a lack of reserve level one (LOR1) for three hours
30 minutes in South Australia and for one hour in NSW.

How prices moved in the regions: The following table shows how prices moved during the spike intervals in the five regions:

Reference: National Price for NSW, Victoria, South Australia,
Queensland and Snowy for one day, Friday 30 December, in Price/Demand
section of Erisk Net – Realtime NEM Data.