South Australia's new energy plan released

South Australia's new energy plan released

South Australia's new energy plan released

THE GREENS have criticised the South Australian government's energy plan after announcing plans to build a $360 million gas-fired power plant on March 14.

"It is a question of speed as well", Weatherill said.

Additionally, the plan will incentivise gas production within the state, introduce an Energy Security Target, enable more power to be exerted over national market operators and use the State Government's purchasing power to attract a new generator to SA, increasing competition.

Australian manufacturers who rely on gas say there is no guarantee the Government's plan to shore up supply will make the fuel more affordable.

The export of Australia's gas was jeopardising the jobs of thousands of brickmakers and bricklayers in Australia, Mr Millner said.

"The package is a serious response to the state's problems".

The gravity of the situation confronting Australia was reflected in a statement by Cargill, one of the world's largest food and agricultural companies, saying planned expansion in Australia was threatened by a spike in gas costs as a result of the crisis that could easily double energy bills. It needs to have the gas available and it needs to be at affordable prices.

He also flagged concern over the government's proposal to bring in new powers to intervene in the functioning of the grid.

He said the producers had guaranteed to ensure that gas would be available for the national electricity market. While the move may ensure the state has a greater say over its power use, Frydenberg is concerned about the implications for the rest of the market.

House returning to Green Bay, Elliott signs one year deal
The contract is for one year and is worth $3.75 million with a chance to be as high as $5 million, according to Mike Garafolo . Those numbers increased in House's first year in Jacksonville, where he signed after leaving the Packers in free agency.

Parrikar likely to resign as India's defence minister
Goa Governor Mridula Sinha administered the oath of office to Parrikar at the Raj Bhavan here. Singh said the Congress party is in touch with "the non-BJP MLAs to form the government".

Brock Osweiler's Contract & Salary With Browns
This Osweiler trade doesn't make the Browns a guarantee to trade for Garoppolo, although they remain the Patriots best hope. The Texans will also send their a 2018 second-round pick and 2017 sixth-round pick as part of the deal with the Browns.

The Prime Minister made the supply announcement after meeting the heads of the nine east coast gas giants, as the federal government rushed to address what it describes as a "looming energy crisis".

The impact on prices would be extremely important to the scheme's implementation, it said.

Adelaide-based oil and gas producer Beach Energy, which focuses operations on the Cooper Basin, applauded the plan.

"In the longer term, South Australia will become more self-reliant for its power supply".

South Australia will take charge to source, generate and control more of our power right here in South Australia.

"But if we want to see a competitive price for gas we must develop additional local supply - particularly in Victoria", Mr Smith said.Origin Energy chief executive Frank Calabria said the company would "play an active role in addressing Australia's energy challenges, including providing gas to help keep the lights on, writing contracts with customers and progressing developments to boost gas supply".

According to Energy Minister Tom Koutsantonis the grid-scale battery will modernise South Australia's energy grid and begin the transformation to the next generation of renewable energy technologies.

Turnbull's Liberal-National coalition government, an advocate of higher gas production and technology that reduces emissions from coal, blamed outages in South Australia, ruled by the Labor party, on the rapid uptake of renewable energy.

Related news