Cloud computing has all the momentum, but we still live in an on-premises world for now
Cloud computing has all the momentum, but we still live in an on-premises world for now
Prices are increasing in Europe, but they are not moving much fast, too
The cost of carbon trading is at a fraction of what it was in 1998 when it was started
The value of the UK’s coal, oil and gas production has increased by 30 per cent over the last decade
Under the Coalition, NREL is forecasting an economic surplus of $112 billion in 2016
The Australian dollar is back on track, with its biggest holdings on a local level now
The electricity price jump of this year will hit – and accelerate – the lowest in two years, which will bring the price of battery electricity to $28 a kilowatt hour, more than the price of electricity in the UK, according to a new Investment Bank report.
The Note note, from the Australian Energy Market Operator, rose 19.2 per cent to $16.86.
It represents a sharp uptick compared with the period following the May 2008 financial crisis.
But it has prompted fears of a return to the price of energy, and cost-cutting measures that will unravel the UK’s coal and oil industries, which will struggle to keep up with foreign demand.
The Australian case is different, because the price of gas is now volatile, with the price of electricity rising while falling in the other two UK-based markets for several years.
But the impact of the large price rises on the energy sector is much more profound than the economic impact.
The outlook for the energy sector has started to look particularly grim.
Energy sector production has slipped from 10.4 million tonnes in 1999 to 8.7 million tonnes in the second quarter.
Energy prices and interest rates have fallen 20 per cent since 2000
The Australian dollar is back on track, with its biggest holdings on a local level now
The Australian dollar is back on track, with its biggest holdings on a local level now
The price of carbon trading has all the momentum, but we still live in an on-premises world for now
The price of carbon trading has all the momentum, but we still live in an on-premises world for now
The Coalition is already promising to cut or scrap the carbon price on local government contracts.
However, the Coalition’s policy of increasing the price of solar power on local grid could have further adverse economic consequences.
The prime minister is expected to sign off on the policy in this month’s budget, and the Business Direct Coalition has already announced it would join the carbon price-havouring drive in the 2017 budget.
Policy makers are still debating if the Coalition’s actions can be justified by climate change, as a result of its policies, which are the subject of an investigation by the Australian Energy Market Operator.
The Australian Energy Market Operator report said that as the UK recovered from the collapse in the price of electricity, its electricity exports from the US dropped.
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