William Paul Bell Queensland University Researcher

Why is mainstream economics not a social science but ideological mathematics?

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Collinsville solar-gas hybrid project: meeting the climate change challenge by combing proven technologies in a new way and reusing existing infrastructure

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RATCH Australia (RAC 2013) in conjunction with the University of Queensland (UQ) are researching the feasibility of a hybrid gas-concentrated solar power (CSP) plant using Linear Fresnel Reflector (LFR) technology to replace the coal fired power station at Collinsville, Queensland, Australia.  The project is supported by the Australian Renewable Energy Agency (ARENA) and administered by the Global Change Institute at UQ.

Both the gas generation and LFR technology are proven technologies and both boil water to drive a generator to produce power.  The LFR uses ground level mirrors to concentrate the suns energy onto a higher re-concentrator mirror that focuses the energy onto a pipe containing water to produce steam for the generator, see Figure 1.

Figure 1: Concentrated Linear Fresnel Reflector

(Source: Novatec Solar 2014)

(Source: Novatec Solar 2014)

The combined gas-solar plant allows the plant to maintain a constant electricity output because the gas boiler operates when the sun does not shine.  Table 1 shows the proposed electricity output by hour of week.  This constant electricity power output during the week avoids the variability of solar generation, which allows the plant to operate as a baseload plant in a similar way to coal-fired power stations.  Both the solar boiler and gas boiler can use the same generator therefore saving on capital investments.  A team from the School of Mining and Mechanical Engineering are researching issues surrounding duel boiler use of the same generator (Singh & Gurgenci 2014).  Another team is investigating techniques to keep the mirrors clean (Guan, Yu & Gurgenci 2014).

Table 1: Proposed plant’s total electricity output by hour of week

Time Dispatch (MW)
Weekdays: 8am-10pm 30
Weekdays: 7am-8am ramp from 0 to 30
Weekends entire yield of the solar thermal component

(Source: Bell, Wild & Foster 2014a)

The transmission lines to connect a generator to the electricity grid can cost a million dollars or more a kilometre, therefore reusing the existing transmission lines at Collinsville is not only a major savings in capital investment but saves on producing CO2 emissions that would otherwise be required to produce the steel and other metals for connection to the grid.  A team from the School of Information Technology and Electrical Engineering are researching grid stability issues (Shah, Yan & Saha 2014).

This project provides a template for future hybrid schemes because Australia’s ageing coal-fired power stations are close to retirement and their grid connections will become available to similar renewable schemes.  The hybrid schemes also allow the transition and retraining of fossil people into renewable people.

A team from the Energy Economics and Management Group, School of Economics is forecasting the lifetime yield of the solar plant (Bell, Wild & Foster 2014b) and revenue and dispatch of the plant (Bell, Wild & Foster 2014a).  These forecasts both help determine the financial feasibility of the plant and help secure a power purchase agreement for the power produced.  Seven ‘Collinsville solar thermal project’ reports are due for publication in November or December this year; the draft reports were due in May this year.  Please correspond with the authors if you have any questions.

References

Bell, WP, Wild, P & Foster, J 2014a, Collinsville solar thermal project: Energy economics and dispatch forecasting, University of Queensland, Brisbane, Australia.

—— 2014b, Collinsville solar thermal project: Yield forecasting, University of Queensland, Brisbane, Australia.

Guan, Z, Yu, S & Gurgenci, H 2014, Collinsville solar thermal project: Solar mirror cleaning requirements, University of Queensland, Brisbane, Australia.

Novatec Solar 2014, ‘Novatec Solar’, viewed 12 Jul 2014 <http://www.novatecsolar.com/20-1-Nova-1.html>.

RAC 2013, ‘Collinsville Energy Park’, RATCH-Australia Corporation Limited, <http://ratchaustralia.com/Collinsville%20Energy%20Park.html>.

Shah, R, Yan, R & Saha, T 2014, Collinsville solar thermal project: Power system assessment, University of Queensland, Brisbane, Australia.

Singh, R & Gurgenci, H 2014, Collinsville solar thermal project: Fossil fuel boiler integration, University of Queensland, Brisbane, Australia.

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Written by William Paul Bell

2012 September 10 at 1:44 pm

Posted in Economics

Sustainability, social progress, environmental protection, economic growth and energy

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Sustainability, social progress, environmental protection, economic growth and energy are discussed using the sustainability framework in Figure 1, where sustainability is at the confluence of social progress, environmental protection and economic growth.

Figure 1 Sustainability framework

(Source: IUCN 2006)

There are designs being made toward Ecological Civilization and welcome moves to address the shortcomings of GDP in Completing the picture – environmental accounting in practice by the Australian Bureau of Statistics .  Extending the national accounts to include degradation of natural resources makes a measurable target for politicians to focus on rather than purely GDP.    However, there are problems when social progress is overlooked in the move toward more environmental protection. Read the rest of this entry »

Formation of the World Economics Association (WEA) a positive outcome from the Global Financial Crisis (GFC)

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One positive aspect of the global financial crisis (GFC) is the clarity of the failure of neoclassical economics to predict the crisis and of its complicity in fermenting the crisis.  This clarity of failure and complicity is positive because failure is a source of learning that is to take a new direction away from the neoclassical favoured by the American Economics Association and its journals and their hold on the profession. The newly formed World Economics Association  (WEA) provides the economics profession such an avenue.  An open letter to join the association is below. Read the rest of this entry »

The impact of a carbon price on electricity prices in Australia

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The University of Queensland News discusses the study ‘The Impact of Carbon Pricing on Wholesale Electricity Prices, CarbonPass-Through Rates and Retail Electricity Tariffs in Australia‘, stating that the study is the most accurate estimate to date for the impact of the carbon price on retail electricity prices and reveals the burden will vary considerably, depending on a household’s location.

Tasmanians, with a relatively low carbon footprint, are set to gain significantly from the carbon price once tax and pension changes are factored in, while Queenslanders — heavily dependent on coal to generate electricity — will wear the biggest increase in power prices, according to economic models run on “supercomputers” at The University of Queensland.

The study estimates an average 8.9 per cent increase for retail electricity prices in the five eastern states, due to the carbon price — below the 10 per cent rise estimated by the federal Treasury. This runs counter to claims that Treasury has underestimated the impact of the carbon price on the economy. Read the rest of this entry »

Termination of the history of economics courses contributing to the Global Financial Crisis (GFC)

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Helge Nome : The key to controlling humans does not lie in building fences around them, but to steer their minds away from unwanted questions.

http://wileyeconomicsfocus.files.wordpress.com/2011/01/brainwashing1.jpgThe elimination of courses in the history of economics has contributed to the Global Financial Crisis (GFC) by eroding institutional memory that allowed the dismantling of structures designed to prevent a re-occurrence of the Great Depression.  With little space in the curriculum for reflection on the past, graduate economists feed on a diet of neoclassical mathematics produces an extreme form of bounded rationality where history is both irrelevant and unknown, which makes for a very powerful ideology by steering minds away from unwanted questions. Read the rest of this entry »