Malcolm Turnbull says he's got a guarantee on gas supply
Introduce an Energy Security Target to ensure greater use of clean, secure energy generated in South Australia.
The project, to be financed by South Australia's newly-created $150 million Renewable Technology Fund, will seek to have bidders provider a battery that must have a capacity of approximately 100MW and be operational in time for next summer.
To build a $360m state-owned 250MW gas-fired power plant to provide emergency back-up power and system stability services for South Australians. This element will represent the bulk of the cost of the plan ($360 million).
South Australia's Treasurer and Energy Minister Tom Koutsantonis said he had built up healthy budget surpluses which would now pay for the bold energy plan.
On Wednesday, the state government said it is seeking expressions of interest (EOI) over a two-week period from national and worldwide companies to build a 100-MW battery system in time for the summer.
'The gas industry is a key part of Australia's prosperity, ' Mr Turnbull said.
The state government will legislate to give the Energy Minister direction over the market so South Australia's best interests always come first if there is an electricity shortfall.
Gas supplies would be enhanced by an extra $24 million in government incentives to develop new reserves with landowners to benefit from a 10 per cent royalty on any gas extracted.
ZEN Energy on Tuesday announced a partnership with Santos Ltd (ASX:STO) created to help South Australia solve its energy issues by integrating large-scale solar and battery storage with natural gas-based generation.
In related news, energy storage has also received a big boost in Victoria after its state government announced another AU$20 million for large-scale energy storage, in addition to the AU$5 million already pledged.
"The Commonwealth Government has considerable power with respect to any exports of any items, including gas, of course".
The government also cited the ability of storage to help dispatch renewable energy as and when it is needed.
'We want to see serious options put on the table to address both immediate and longer term issues, to ensure affordable gas supply to our economy, ' he said.
Australian Petroleum Production and Exploration Association's South Australia director Matthew Doman said the plan recognised the contribution gas could make.
The South Australian Government move aligns perfectly with the World Business Council for Sustainable Development Low Carbon Technology Partnerships initiative - one of the flagship outcomes of the Paris Climate Change Agreement (COP21, December 2015).
Premier Jay Weatherill released details of the plan on Tuesday, March 14, saying the goal was delivering "reliable, affordable and clean" power.
The Andrews Government is also urging the Federal Government to kick in a few bob; well, more than a few.
"The most important problem, however, perhaps the real crisis is the difficulties faced by industrial companies who rely on gas as a feedstock or as an energy source", he said.
The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website . Laurion Capital Management LP raised its stake in shares of Valeant Pharmaceuticals Intl by 0.3% in the second quarter.
Intelligence agencies have been cooperating to find the "person of interest", who detectives believe could help solve this case. The man is understood to have given a witness statement two days after Madeleine, from Rothley in Leicestershire, vanished.
Numerous mass graves date back to ISIS's initial occupation of territory in Iraq near major cities like Tikrit, Sinjar, and Mosul. The operation is part of a larger military offensive to liberate Mosul from IS, which overran the city in 2014.
Real Madrid vice president Emilio Butragueno added: "We are fully aware of how passionate people are about futbol here in Miami". A Friday press conference on Miami Beach will announce the game and events surrounding it.
UNC's opponent enters the tournament after going 16-2 in the SWAC conference on their way to a 23-11 overall record. If history is any indicator, there will nearly certainly be some ACC flavor in town for the NCAA Tournament .
The Venezuelans advanced despite giving up 35 runs in the first round, the third-highest mark in the history of the tournament. Jair Jurrjens picked up the win after striking out five batters and holding Israel to one run and five hits over six innings.
Starting Thursday, Aug. 10, anchors Michael Che and Colin Jost will bring SNL's venerable fake news segment to prime time. The venerable sketch show averaged 11 million viewers for the first half of its 42nd season, up 22% from previous year .
Trump is - President Trump is concerned about the jurisdiction of this US attorney and whether that might affect his future". On Saturday afternoon, Bharara wrote on his personal Twitter account, which he set up eight days ago: "I did not resign".
While Chicago braced for its first snowfall in months, larger snowstorms were expected on the East Coast. Around three to six inches of snow are expected on the ground in most of the Chicago area by 3 p.m.
The release of Mass Effect: Andromeda is only two weeks away, and every day, EA and BioWare tease something new about the game. The demo showcases oodles of never-before-seen gameplay with the focus being the Loyalty Mission for Liam Kosta .
Having a confident Koenig hitting from the 3-point line should force defenses to think twice about doubling Happ and Hayes. UW shot 53.8% in the first half (14 of 26) to stay within a point but slumped to 26.7% (8 of 30) in the second half.
Minnesota Vikings Sign Datone Jones
The 6-foot-4-inch defender is still listed at 285 pounds by the Packers and could join an already strong Vikings defensive line. House left the Packers for a four-year deal with the Jaguars, but was released by Jacksonville after two years.
Gordmans files for bankruptcy, will close all stores
Gordmans' potential fate is part of a national trend of retailers struggling as foot traffic in malls continues to decline. He was later joined by Dan Gordman, a former Bloomingdales executive who eventually married Richman's daughter Esther.
Commonwealth Games: Durban will not host in 2022
Durban was awarded the Games in 2015, after preferred option Edmonton, in Canada, pulled out after local opposition. Durban 2022 would have been the first staging of the Commonwealth Games in Africa.
Oil Prices Pressured by Growing US Crude Supplies
The kingdom, the world's biggest oil exporter, had long refused to cut output under veteran oil minister Ali al-Naimi. United States drillers boosted the rig count by eight to 617 last week, according to data Friday from Baker Hughes.
Briton sentenced to six years for killing Bali policeman
The family of the slain officer, who was found dead with 42 wounds to his body, told the ABC it is now a matter for authorities. During the trial, his girlfriend, Sara Connor , who faced the same charge, said she wasn't an active participant in the attack.
Houston Trades Brock Osweiler To The Browns
Most of those assets are draft picks and they are banking on some of them becoming good National Football League players. If the Browns can't find a trade partner for Osweiler , they can cut him and owe him nothing besides his 2017 salary.
E-mail threat forces JCC to close
The DeWitt center was put on lockdown for some time while police investigated a non-specific threat of violence. Similar threats have been called in today in Wisconsin, New York and California.
Hadwin grabs four-shot lead at Valspar
Cantlay came up short into the bunker, blasted out 15 feet short and missed the par putt. Hadwin shot an even-par round in the final round to finish the tournament at 14 under.
Ireland U20s Six Nations hopes dealt a blow against the Welsh
Ireland's Six Nations championship dream is over for another year after Wales won this evening's encounter in Cardiff 22-9. Little offloads, discipline, those sorts of things throughout the 80 minutes that we could control, and we did that today.