I noted on Wednesday that Australia is facing surging energy demand driven by a combination of extreme population growth and the build-out of data centres driven by AI, cloud, and hyperscale investment. First, Australia’s population is officially projected by the Centre for Population to balloon by 13.4 million people (nearly 50%) by 2065–66, adding roughly
Solar and wind offloading hits record levels, with solar farms in one state offloading 59 pct of their potential output due to local negative prices.
The post Wind and solar curtailment hits record highs, with grid solar “offloads” at staggering 59 per cent in one state appeared first on Renew Economy.
The ferrous jaws must close! SMM wraps it nicely. Today, iron ore futures were in the doldrums. Traders quoted actively, while steel mills purchased as needed and inquired cautiously, resulting in a slightly subdued overall trading atmosphere. This week’s SMM pig iron production survey showed that China’s average daily hot metal output reached 2.3492 million
Australia could raise $35 billion a year by putting a price on pollution and help households and businesses by sharing the revenue, a report has found.
Commentators ideologically opposed to renewables have sat in their dens in the recent heatwaves waiting for the grid to fail. It didn’t.
The post The most important power station in the nation is no longer a distant coal plant – it’s on our rooftops appeared first on Renew Economy.
The dark wish of every Beltway lunatic of the past fifty years is about to come true. All together now… Anarcho-imperialism marches on. President Donald Trump warned Iran to make a nuclear deal with the US or face military strikes, increasing pressure on the regime and propelling oil prices higher. Iran said it stands ready
The post Bomb, bomb, bomb. Bomb, bomb Iran appeared first on MacroBusiness.
Nothing much to move markets overnight except a looming war in Iran and a pause in the continued structural decline of the USD with both the Fed and Bank of Canada holding interest rates with ECB officials broadcasting a similar sentiment. A small bounceback in USD wasa not across the board however as the Australian
The post Macro Morning appeared first on MacroBusiness.
DXY rebounded, but the former support is still resistance. AUD didn’t care. The safe haven held. CNY supportive. JPY pulled back. Gold is a Middle Eastern missile. If oil follows… If oil follows then it will drag much of the commodity complex with it. Witness metals. Mining rocket. EM rocket. Junk rejection. As yields warm
In a recent poll conducted by Ipsos for ITV News in the U.K., over 2,000 Britons were surveyed on their attitudes toward current levels of migration, among other things. What it found amongst those who had an opinion was that high migration is opposed by a majority of Britons, not only among white Britons but
The post Ethnic minority groups oppose high migration appeared first on MacroBusiness.
Here are the top 3 battery systems to consider in Australia.
The post The top 3 battery systems to lock in before the rebate drop appeared first on Renew Economy.
Ben was joined by George Hasanakos from pollster DemosAU to discuss the surge in support for One Nation, which has pushed them ahead of the combined Liberal-National vote in a number of polls, as well as the split in the Liberal-National coalition. They discuss how these two trends impact on how polls are conducted.
This podcast was recorded before the publication of polls by YouGov and Essential that continued the continuing trend.
Washington: A “massive armada” of US warships now in the Middle East is ready to strike Iran, President Donald Trump says, as he issued his most direct threat to date for the Islamic Republic to negotiate or face American military action.
THE SPEECH BY MARK CARNEY IN DAVOS WAS AN EYE OPENER ON WHAT THE DECEIT OF THE WEST HAS BEEN — AND A CON-JOB ON WHAT THE FUTURE SHOULD BE... IT HAS BEEN EXTRAODINARILY WELL RECEIVED AROUND THE WESTERN COUNTRIES AS A "MEA CULPA"... IT IS FAR FROM IT.
Alice Weidel, co-leader of the AfD (Alternative for Germany) party, has given a speech to which every observer of Germany should pay close attention. And not simply because of Weidel’s inherent political weight.