Power prices are going to hurt EU manufacturing. German in particular. Italy and Austria in the mix with 90% of the power coming from gas.
The sheds 25k per month a year ago here is possibly about to be ??? Fuel price for the genset a year ago was about $1:20. today its about $2:20 isn't it?
Coal is up 179% for the year
Natural gas 119%
UK gas a whooping 269%
Link to data
Sun glasses on if you have a solid long contract and the electrical supplier doesn't go belly up![]()
PS I have my sunnys on due the huge jump in one of my favorite commodities. Significant out performance over night for this black duck![]()
A couple of real world examples of power use on a commercial scale that I have casually observed:
The Irrigation pumps on a property that I used to live on drew 450 amps across three phases when they were operating. Not having power available on demand was completely unacceptable as the allocated water would have passed by the property and been lost.
Boyne Aluminium Smelter sources most of its power from Gladstone power station. More than a short interruption would cause destruction of the smelter and in a load shedding situation the smelter is the last load to be dropped from the Gladstone power station
Both of these business cases need to be assured of a reliable power supply to be viable.
Regards,
Tote
Go home, your igloo is on fire....
2014 Chile Red L494 RRS Autobiography Supercharged
MY2016 Aintree Green Defender 130 Cab Chassis
1957 Series 1 107 ute - In pieces
1974 F250 Highboy - Very rusty project
Assorted Falcons and Jeeps.....
IIRC, from my school days, Gladstone power station was specifically built to supply the smelter.
If you don't like trucks, stop buying stuff.
I did just ask about a kia ev9 to replace my cheapie short range oneI do hear Gold Coast Marathon is flat. Everything I run here has bloody big hills
US government bill to night might make last night look little little athletics for a few things I play with in the Lazer field.
I love Aussie TechI never ever change running shoes. Same ones for ten years plus - Blisters and stuff I hate- White Ensign I can live with happily. White shoes are officer kits. I was and am much more a mess-deck type. Perth retirement dreams for me
ASX did nice things while I did vaccine nanny role today![]()
Yep, that's generally how it works. The smelter at Portland, Vic required an accompanying power station to be included in plans when built in the 80's.
An interesting factoid: There was a time when aluminium was a very expensive metal due to the complexity of turning the ore into metal and it was right up there with silver and gold. Then along came the electrolytic smelting process and the rest, as they say, is history.
Well the power plant was Loy Yang A and maybe B, with a HT/HV transmission line (500km?) from the Latrobe Valley to Portland.
Even Malcolm Fraser objected to this because he'd have to look at the power lines / towers whilst eating his breakfast on the veranda at Nareen.
Vic elec users still subsidise the price of the line and energy consumption at an undisclosed rate. The smelter employs 600 people.
Maybe there is a strategic reason for keeping the smelter going............dunno.
DL
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