Adelaide most competitive place to do business

Discussion in 'Property Market Economics' started by D.T., 4th Apr, 2016.

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  1. Brady

    Brady Well-Known Member

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    Haha TBH each time hasn't been my decision, has been the other half on a Sunday :( usually starts at the wharf at the treasure markets, as always nothing is purchased, but she enjoys it. I like the couple beers at lunch.
     
  2. Bayview

    Bayview Well-Known Member

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  3. ollidrac nosaj

    ollidrac nosaj Well-Known Member

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  4. DaveM

    DaveM Well-Known Member

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    Except they arent permanent, they are diesel powered in the immediate to prepare for the coming summer and will be relocated to their natural gas power stations once they are finished being constructed.
     
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  5. ollidrac nosaj

    ollidrac nosaj Well-Known Member

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  6. ollidrac nosaj

    ollidrac nosaj Well-Known Member

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  7. ollidrac nosaj

    ollidrac nosaj Well-Known Member

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  8. Bayview

    Bayview Well-Known Member

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    More blackouts?

    It may be getting cheaper in terms of rents etc in S.A (due to everyone leaving and increasing vacancies), but with the most expensive and most unreliable electricity in Australia - and perhaps the planet - and plans to make it even more so with less coal fired power and more wind - it is becoming very unattractive for anyone to not only stay in a Business there, but also to start one up there.

    The promise that one day the renewable technology will end up being cheaper than coal is too far into the future for the majority of Businesses to wait round for - and is only a Politiians' promise; and we know how that often turns out.....meanwhile; electricity costs are soaring and not stable.

    More wind power, but also more less than effective deisel generators -

    No Cookies | The Advertiser

    Guess who'll be paying for all this?
     
    Last edited: 6th Aug, 2017
  9. ollidrac nosaj

    ollidrac nosaj Well-Known Member

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    Green Energy Will Overtake Fossil Fuels by 2020, Morgan Stanley Analyst States

    “Numerous key markets have reached an inflection point where renewables will have become the cheapest form of new power generation by 2020, a dynamic we see spreading to nearly every country we cover.”


    Green Energy Will Overtake Fossil Fuels by 2020, Morgan Stanley Analyst States
     
  10. Bayview

    Bayview Well-Known Member

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    they are only remotely competitive in price due to Govt subsidies - your money.

    So; you are paying more to fund an electrcity supply which is unreliable and not cheap without your money propping it up, and getting charged even more on top of that for the electricity you now use...it is mindless.

    Meanwhile, China and India are whacking up new coal power stations every other week - so what is the point of this dreamland pursuit which will cripple our economy further, and have absolutely zero impact on any temps?
     
    Last edited: 6th Aug, 2017
  11. ollidrac nosaj

    ollidrac nosaj Well-Known Member

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    The Myth About Renewable Energy Subsidies

    "Studies by the International Energy Agency point out that global subsidies for fossil fuels outstrip those for renewable energy nearly 10-fold. The International Monetary Fund said if climate and environmental costs were included, then the fossil fuel subsides increased another 10 times to nearly $5 trillion a year."


    The Myth About Renewable Energy Subsidies
     
  12. Bayview

    Bayview Well-Known Member

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    So, the obvious question in reply is;

    If coal has been subsidised so much as this article suggests - and now has been cut back by all the States in favour of renewable wind and solar - why are the electricity costs skyrocketing?
     
  13. ollidrac nosaj

    ollidrac nosaj Well-Known Member

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    Electricity sector “gold plating” behind sky-high prices – not renewables



    "As the TAI notes, this 1996 – 2016 period happens to coincide with the time during which the “privatisation, corporatisation and marketisation” of Australia’s electricity sector was taking place – a shift that has led to a “blow-out” in management and salespeople.

    “Electricity now employs an army of sales and marketing and other workers who do not actually make electricity,” the report says."
     
  14. Bayview

    Bayview Well-Known Member

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    That claim relating to escalating costs is Rubbish.

    I've been bombarded by both phone and door to door Energy Company salespeople for at least two decades...nothing new and the cost of electricity wasn't stupidly expensive even just a few years ago.

    The correlation between sudden and exorbitant costs is obvious; renewable energy subsidies and ever-increasing Emissions Targets.

    Power consumption makes historic drop

    And this is even from the ABC - which has guzzled the CC/GW coolaid for years....you just know that if even they are talking about; it must be getting grim.

    Here's more:

    number of electricity cut-offs in n.s.w since 2010 - Google Search
     
  15. ollidrac nosaj

    ollidrac nosaj Well-Known Member

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    South Australia's 'absurd' electricity prices: renewables are not to blame

    "Yet everyone has missed the main cause of a doubling in SA power price rises – a doubling in gas prices.

    What makes it all especially worrying is the blame attributed to renewable energy appears to have originated from a public relations campaign initiated by the lobby group for the big power generators."

    "Yet wholesale market data suggests renewable energy has actually been depressing power prices, not increasing them."



    South Australia's 'absurd' electricity prices: renewables are not to blame | Tristan Edis
     
  16. Bayview

    Bayview Well-Known Member

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    First disclaimer; "The Guardian" is a CC/GW coolaid drinker mag...it will not be one iota objective...possibly worse than anything the ABC or the Greens will spew out....

    How come Vic doesnt have the same degree of cost increases if gas is to blame?

    S.A has the highest RET in the Country...coincidence?
     
  17. ollidrac nosaj

    ollidrac nosaj Well-Known Member

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    South Australia’s electricity price woes are more due to gas than wind

    So what’s the real cause?

    "As we have seen, if you want a satisfactory explanation, you have to start with the very high wholesale gas prices right across the country. These have made SA’s gas-fired electricity options much more expensive, in turn raising the floor price for all of its power in times of low wind generation.

    In addition to this higher floor price, the tightening of supply and lack of competition have allowed generators to drive prices to even higher levels in the form of short-lived spikes, which have raised the monthly average price still further."

    "It is absurd to say that SA electricity prices would be lower if there were less wind generation. On the contrary, consumers would be exposed to high prices in an uncompetitive market for more of the time, and thus face higher average prices, not lower ones."

    South Australia's electricity price woes are more due to gas than wind
     
  18. ollidrac nosaj

    ollidrac nosaj Well-Known Member

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  19. ollidrac nosaj

    ollidrac nosaj Well-Known Member

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  20. ollidrac nosaj

    ollidrac nosaj Well-Known Member

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    BHP embarks on SA Olympic Dam project

    "Olympic Dam Asset President Jacqui McGill told a business lunch in Adelaide that 49 projects worth more than $600 million were currently underway."

    BHP embarks on SA Olympic Dam project