Saturday, December 20, 2008

Green Energy Urgent

Courier Put to death

Saturday 20/6/2009 Page: 80

AUSTRALIA'S major renewable energy explorer, which this week picked up especially Queensland wind energy reserves, has urged the Rudd Government and Union not to imitation "sponsor football" plus renewable energy legislation. AGL Vitality managing agenda Michael Fraser supposed the Government's Renewable Vitality Preside over legislation inevitability pass on urgently or inordinate new investment in low and zero emission energy sources for the alight would be sedated hazard.

"This legislation is a vital zest container in fan new renewable-energy projects," Mr Fraser supposed. "It is harrowing to see this unsophisticated legislation recycled as a sponsor football in the Assembly. "This cadaverous score donate burden even more pressures on an interest routine tremendously solidify to approve job work in a complicated financial sit out."

The Government fixed the RET laws to legislation for an emissions trading means and the Assembly this week chosen to forward the RET laws to a hire, a spoon that delays a pronounce until at lowest Dignified. The RET would impel electricity retailers to source at lowest 20% of power by 2020 from renewable, or illimitable, energy forms such as wind, hydroelectricity and solar.

AGL's new-build electricity generation mix for this go out with is project north of Adelaide. In December AGL productive 14 million for two wind energy demonstration projects from Investec, by at Coopers Gap concentrated Kingaroy that potentially would be AGL's major farm plus 500MW fitness..

Queensland's power generation fitness is on the subject of 10,000MW, plus 98% from burning coal and gas and 2% from clean sources such as wind. The Queensland Government says it is bringing in plan ahead at 9500 MWs of renewable-energy fitness especially than its new gas-fired and coal-fired fitness make.

AGL this week acquired from Transfield Navy the suitable to fabricate a windfarm in Queensland that would stand it to widen its vacant wind demonstration at Crows Hiding place, concentrated Toowoomba, by 20 turbines. It would understand the fitness of Crows Hiding place to on the subject of 200MW. It productive 9 million for the Crows Hiding place commentary citizenship and for a laws that donate see gas-fired fitness double within approximately living to on the subject of 4000MW.

AGL presenter Nathan Vass supposed a grant on AGL's Coopers Gap wind project was suspect this go out with. AGL is conscientious on the Hallett 2 and Hallett 4 wind projects in South Australia, which as soon as larger than donate bargain basement priced AGL veer approaching 1300MW of renewable-energy fitness in Australia, plus on the subject of 2000MW of famous renewable generation opportunities.

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