A Nordex wind turbine has collapsed at a wind farm in northern Oklahoma with no discernible explanation for what caused the tower to buckle.

The Australian Bureau of Statistics (ABS) on Monday released the Q4 2024 Business Indicators, which showed that non-mining company profits have never been higher (excluding the pandemic spike). Despite the stellar profits, Australian Industry Group (AIG) CEO, Innes Willox, attacked what he labelled a “wages blowout”, which is placing “mounting pressure on business balance sheets”:

Last month, Justin Fabo from Antipodean Macro posted the following chart tracking labour productivity across major advanced nations. As you can see, Australia’s labour productivity growth has been among the worst in the advanced world after recording zero improvement since 2016. Last week, the Reserve Bank of Australia’s (RBA) Michael Plumb delivered a speech to a

New Modelling torpedoes claim that Peter Dutton’s nuclear power plan will be 44% cheaper than Labor’s plan for renewables, finding instead it will inflate electricity bills by up to 4

Australian pumped hydro project proposals tend not to be located at premium sites, which translates to higher costs. A new paper explains.

Move along citizen, nothing to see here. Just a fucking cyclone about to slide sideways into my word cave. Probably on Thursday.

I do like the reserved tone of my weather here.

The team behind Victoria's first four-hour battery says costs are coming down as technology improves. For pumped hydro, it is not so easy.