fbpx

Energy

Jan 14, 2021
CopperString plan aired for public scrutiny

CopperString plan aired for public scrutiny

The draft environmental impact statement (EIS) for the $1.7 billion CopperString 2.0 project is open for public submissions until February 12. The high-voltage 1100km transmission line planned by CuString is expected to support more than 750 jobs during construction and will help further open up the North West Minerals Province. The Coordinator-General will consider all submissions as par...

Read More
Nov 19, 2020
Genex expects to seal hydro project deal within weeks

Genex expects to seal hydro project deal within weeks

Genex Power expects to reach financial close on its Kidston Pumped Storage Hydro Project by the end of 2020 after a series of setbacks. The company missed its September 2020 target date for delivering financial close on the project, which is expecetd to deliver 500 jobs in construction. But chairman Ralph Craven, speaking at the company AGM, said Genex was now in the final stages of negotia...

Read More
Oct 22, 2020
$1 trillion needed for energy transition metals

$1 trillion needed for energy transition metals

More than $US1 trillion of investment will be needed in metals such as aluminium, cobalt, copper, nickel and lithium over the next 15 years to meet the growing demands of decarbonisation, according to analysts Wood Mackenzie. This is almost double the figure invested over the previous 15 years. “One can argue about both the pace and scale of the energy transition but the criticality of me...

Read More
Sep 30, 2020
QUT research adds shine to  $600m energy project

QUT research adds shine to $600m energy project

Vast Solar has joined forces with the Queensland University of Technology to help optimise its planned $600 million clean energy project in Mount Isa. The North West Queensland Hybrid Power Plant will use concentrated solar thermal power (CSP) technology based on mirrors. This will be integrated with a solar PV system, a large-scale battery and gas engines. Vast Solar said the new plant...

Read More
Aug 20, 2020
Renewable Energy Zones to help recharge economy

Renewable Energy Zones to help recharge economy

The State Government has committed $145 million for the creation of three Queensland Renewable Energy Zones located in southern, central and northern Queensland. “With the right support from governments, these zones will help connect new renewable energy to our power network, and attract industries wanting new energy to a series of connected commercial and industrial power hubs across the st...

Read More
Aug 11, 2020
Webinar provides update on CopperString  potential

Webinar provides update on CopperString potential

Townsville Enterprise will host a live CopperString webinar next week to focus on the growth potential from the planned $1.5 billion transmission project. Connecting to the National Electricity Market is expected to lower power prices paid by miners and other customers in the North West Minerals Province by at least 40 per cent Proponents say this has the potential to maximise opportuniti...

Read More
Aug 04, 2020
CopperString beats other key projects on cost-benefit scale

CopperString beats other key projects on cost-benefit scale

Every $1 invested in the CopperString 2.0 power transmission project is forecast to deliver $4.54 in benefits for Australia, economic analysis shows. Director of project proponent CuString, Joseph O’Brien, said ACIL Allen had recently completed economic modelling estimating the planned transmission line’s Benefit Cost Ratio (BCR) to be 4.54. “The significance of this analysis is t...

Read More
Jul 21, 2020
Oil yields add momentum to Julia Creek project

Oil yields add momentum to Julia Creek project

QEM has announced successful results from independent test work aimed at increasing oil yields from its Julia Creek vanadium and oil shale project. It says the work shows substantially higher oil yields are possible at Julia Creek through the addition of a solvent during extraction processing, compared to options such as direct retorting. QEM managing director Gavin Loyden said he was delig...

Read More
Jul 21, 2020
Mount Isa earmarked for $600m energy project

Mount Isa earmarked for $600m energy project

Renewable energy company Vast Solar has identified Mount Isa as the preferred site for a $600 million dispatchable power project. The 50MW power plant would combine a solar photovoltaic (PV) system, large-scale battery storage and gas engines with solar-thermal power technology developed by the company. The project is expected to create hundreds of jobs during a two-year construction phase...

Read More
Menu