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Bruce Mountain

Bruce Mountain

Director, Victoria Energy Policy Centre, Victoria University

PhD (economics) Victoria University, Batchelor's and Master's Degrees (Electrical Engineering), University of Cape Town. Chartered Management Accountant (Chartered Institute of Management Accountants), England. Director, Carbon and Energy Markets and co-founder, [MI] Retail Energy.

Known unknowns: controversy over CSIRO’s electricity report reveals an uncomfortable truth

Jun 13, 2024 06:10 am UTC| Research & Analysis

CSIROs latest annual GenCost update, released last month, was billed as Australias most comprehensive electricity generation cost report. GenCost has proven to be highly controversial. Opposition Leader Peter Dutton...

Future of Coal Series

The end of coal-fired power is in sight, even with private interests holding out

Oct 11, 2022 04:28 am UTC| Economy

If future historians pick a point in time when Australia comprehensively turned its back on coal-fired generation, they may well point to AGLs decision to bring forward the closure of Loy Yang A, the cheapest (excluding...

Texas was a warning. Australia needs to rethink the design of its electricity market

Feb 26, 2021 14:17 pm UTC| Nature Economy

Australias electricity market is unsustainable. Texas shows us why. A week ago Texas experienced a bout of severe weather as arctic air reached deep into the state, driving temperature down to levels that had not been...

Pumped hydro isn't our energy future, it's our past

Oct 29, 2020 10:03 am UTC| Business

Its now beyond dispute that for new electricity generation solar, wind and other forms of renewable energy are cheaper than anything else: cheaper than new coal fired power stations, cheaper than new gas-fired stations...

The National Energy Guarantee is a flagship policy. So why hasn't the modelling been made public?

Jul 31, 2018 15:36 pm UTC| Insights & Views Law Politics

Central to the public debate about the National Energy Guarantee (NEG) has been the numerical forecasts of its effects in particular how much it will reduce power prices. In a democracy whose households pay some of the...

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Economy

Boeing Component Shortage Delays US-Japan Production of Patriot Missiles for Ukraine

A critical component shortage from Boeing is delaying the production of Patriot air defense missiles used by Ukraine against Russian attacks. The United States and Japan aim to ramp up production, but manufacturing...

Green Dot Fined $44 Million by Federal Reserve for Consumer Law Violations

The Federal Reserve fined Green Dot Bank $44 million for a deficient consumer compliance risk management program and unfair practices. The bank, which partners with Apple and Walmart, saw its stock fall by 5.7%. The fine...

China Commits to Economic Growth and Reform Amidst National Security Concerns

The Communist Party of China concluded a significant conclave, pledging to boost economic development through comprehensive reforms while maintaining national security. The Central Committees communique outlined objectives...

Japan Sets Visitor Record in June as Weak Yen Spurs Tourism Boom

Japan achieved a new monthly visitor record in June, with 3.14 million foreign visitors, driven by the weak yen. This surge positions tourism as a critical economic driver, with expectations of surpassing pre-pandemic...

Politics

JD Vance, Trump's Pro-Crypto VP Pick, Demands President Biden's Resignation

JD Vance, the pro-crypto VP pick of Donald Trump, has demanded President Joe Bidens resignation, intensifying the political landscape and affecting market sentiments. JD Vances Call for Bidens Resignation Shakes...

Joe Biden Shock: Leaked Messages Reveal Democratic Delegates Doubting POTUS' 2024 Candidacy After Debate Performance

Democratic delegates voiced concern regarding President Joe Bidens debate performance in private online discussions, which cast doubt on the feasibility of his candidacy. Politico acquired a collection of messages...

Elon Musk Called Donald Trump a 'Stone-Cold Loser' in 2020, Now Backs Him in Shocking Reversal

A New York Times story indicated that Elon Musk, a wealthy donor to Donald Trump, referred to the former President as a stone-cold loser in 2020 and expressed disapproval of his character. According to an anonymous...

Donald Trump Accepts GOP Nomination, Criticizes Democrats for 'Destroying' Nation in RNC Speech

At the Republican National Convention on Thursday, Donald Trump ascended the stage to accept the nomination of the Republican Party and deliver his first statement since the attempted assassination at the rally. In his...

Science

NASA and SpaceX Reveal $843M Plan to Deorbit ISS Safely in 2031

NASA and SpaceX have unveiled plans to deorbit the International Space Station by 2031. The $843 million contract awarded to SpaceX includes designing and constructing a deorbit vehicle to guide the ISS to its final...

SpaceX Reveals Cause of Falcon 9 Anomaly After Engine Failure and RUD Incident

SpaceX announced a liquid oxygen leak caused the Falcon 9s second-stage engine failure, resulting in a RUD. Despite the anomaly, the second stage was passivated successfully. SpaceX Identifies Liquid Oxygen Leak as...

SpaceX Moves Starship Booster to Launch Pad for Historic Flight 5 Test Attempt

SpaceX has moved its rocket booster to the launch pad for the fifth Starship test flight, following a series of prelaunch tests. This test, set for next month, includes the unprecedented attempt to catch the first stage...

Study: Alcohol and Energy Drink Mix Impairs Memory and Learning in Rodents

Researchers at an Italian university found that mixing alcohol and energy drinks leads to long-term memory and learning issues in rodents. The study, published in Neuropharmacology, highlights the potential risks to...

Technology

Tesla Offers $1,000 Off for Owners Upgrading from EAP to FSD in Limited-Time Deal

Tesla announced a limited-time $1,000 discount for owners upgrading from Enhanced Autopilot (EAP) to Full Self-Driving (FSD) when purchasing a new vehicle. Teslas Limited-Time Discount Offer Emails sent out to Tesla...

Xiaomi CEO: Trump Sanctions Spark China’s EV Entry, Competing with Tesla

Xiaomi CEO Lei Jun revealed that Trump administration sanctions spurred the companys unexpected entry into Chinas electric vehicle market, aiming to challenge Tesla. Xiaomi CEO Lei Jun stated on Friday that the...

iPhone SE 4 to Feature iPhone 16's Design Elements and Single Camera Lens

The forthcoming iPhone SE 4 is set to incorporate design elements from the iPhone 16, including a single camera lens and updated back cover, as suggested by industry sources. Adoption of iPhone 16 Back Cover...

SHIB Team Issues Crucial Warning: Beware of Scams Involving Fake TREAT Tokens

SHIB team issues a crucial alert about fake TREAT tokens, urging holders to protect themselves from scams. Shibarium Ecosystem Token Not Yet Released Lucie, a prominent figure in the Shiba Inu community and a...
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