Blogotariat

It was disappointing to see the Queensland’s Liberal-National government oppose exporting more gas to Victoria, claiming that it doesn’t have the gas supply capacity to keep “bailing out Victoria’s bad decisions”. Queensland Natural Resources Minister Dale told The AFR that his state would refuse to divert further supplies south and blamed the critical energy constraints

Energy infrastructure giant opts out of partnership to bid to develop some of Australia's biggest new electricity transmission projects.

The Israel-Iran war continues to dominate risk markets as the new trading week gets underway here in Asia with share markets quite mixed while there has been a slight bit of strength in USD over the weekend gap, but still far from a proper safe haven bid. With all eyes on the Middle East conflict,

The post Macro Afternoon appeared first on MacroBusiness.

Hi everyone

My  Brissie to the Bay cycle for MS Queensland, a huge success. Donations totalled $2595, which gave me the title of “Neuro Legend”. Thanks again to all the readers and friends who keep me going on events like this. I’ll never be competitive as a triathlete, but I’m still on top of my game as a fundraiser.

I had a very grown-up weekend. Jane and I had lunch at a little French place down in the Valley, A la Bonne Franquette, a spot I’d never noticed before, but it was fantastic—then we caught Materialists at the cinema across the street.

W.A. has led the way with the rollout of four-hour big batteries. Now it is getting ready to lift the duration requirement to six hours.

Australian researchers claim breakthrough on aqueous zinc-iodine batteries, an up-and-coming chemistry that promises to be safer, more sustainable and cheaper than li-ion.

The first stage of the biggest battery in Queensland in now fully operational, as another new battery project in Victoria obtains AEMO connection deal.

It is a long-held belief of many in the Labor Party. Today it has morphed into doubts about AUKUS. Labor stalwart Sean Kelly. AUKUS, with its pros and cons, commands many column inches in this country; periodically it becomes the central topic of political debate, as it did last week. Similarly, there is much discussion

The post Should Australia give up on America? appeared first on MacroBusiness.

Santos runs two LNG export trains out of Gladstone, Queensland, which siphons up East Coast gas and ships it to Asia (mostly China). Since Santos’ LNG export trains came online in 2015 (alongside others), the volume of gas produced on the East Coast has doubled, while 25% less gas has been supplied to domestic users.

The post Abu Dhabi launches takeover of Australian gas appeared first on MacroBusiness.

Anybody who believes that meeting Labor’s 82% Renewable Energy Target (RET) by 2030 is achievable or affordable is delusional. To achieve Labor’s fantastical target, most of Australia’s baseload coal generation—the backbone of the nation’s electricity grid—would need to be shut down and replaced with intermittent and weather-dependent wind and solar generation, backed up with battery

How long can steel fall and iron ore not? Coking coal is still sliding as well, which offers some explanation. Flat steel demand remains stagnant. Long steel is wrecked. Output is getting pulverised. One wonders if the mooted 50 mt in output cuts are taking effect. The steel market appears sick.

The post Iron ore market sickens appeared first on MacroBusiness.

Clearly, solar panel waste is a major problem for Australia. Recycling is one part of the solution. But Australia also needs new rules so solar panels can be repaired and reused.