Tankers holed and burning in the Gulf of Oman are not a good sign for future oil exports from the Persian Gulf. Fig 1: Norway’s Front Altair burning with 75,000 tons of…
World crude production outside US and Iraq is flat since 2005
In the year 2005, the global crude production curve shows a definitive kink, going horizontal for several years. This caused the 2008 oil price shock and the following financial crisis which permanently…
Australian Fuel Security Review ignores peak oil in China 2015 (part 3)
Australia increased its internal oil dependency & vulnerability Let’s summarize what we covered in part 1 and 2 Australian oil production peaked in the year 2000 while oil consumption is going up…
Australian Fuel Security Review ignores peak oil in China 2015 (part 2)
Coming back to the 2019 Liquid Security Review https://www.environment.gov.au/energy/liquid-fuel-security-review-consultation Figures 9-11 in part 1 show how dependent Australia has become on fuel imports from South Korea and Japan, even China. The Review…
Australian Fuel Security Review ignores peak oil in China 2015 (part 1)
Just a week before a Federal election was called the Australian Minister for Energy, Angus Taylor, released an interim report on fuel security on 4th April 2019 for public consultation (hereinafter called “Review”)….
Sydney’s Immigration Metros (Part 1)
In the latest announcement of the Berejiklian government, 5 min before the 23rd March 2019 election, the New South Wales Premier confirmed the government will build the Metro West (already under consideration…
NSW coal fired power plants generation in late January 2019
Fig 1: NSW power generation, prices and temperatures We see the critical day was Thursday, Jan 31st with temperatures up to 39.3 degrees. Coal generation was 8,853 MW (out of a scheduled…
Victoria became power importer in January 2019 heatwave
Fig 1: 7 days power generation in Victoria (screenshot from the Open NEM website) https://opennem.org.au/#/regions/vic In order to understand the above graph we have to know how Excel is dealing with negative…
Victoria’s 600 MW brown coal plant outage leads to price spike but system survives
Yesterday, 22 Jan 2019, total power demand on Australia’s East Coast reached – just like 5 days earlier – the 35 GW mark. Fig 1: Power generation by source for 5 East…
NSW power imports in January 2019 heatwave exceed 2 GW, drive up electricity prices
Maximum demand for electricity increased from 9,500 MW on 13 Jan 2019 (16:00) to a whopping 14,000 MW on 17 Jan 2019 (17:30). Fig 1: Heatwave pushing up power demand Pic 2:…