Alcoa warns that power cost and carbon tax will hit hard

Aluminium giant Alcoa says Australia no longer offers the affordable electricity which has been responsible for fueling the aluminium industry.  Alcoa warns that smelters in Victoria will be hit the hardest by the Gillard governments carbon tax due to the flawed assumption in its design.

Alcoa Australia chief executive Alan Cransberg recently had discussions with the Victorian government and federal state opposition as the company reviews the viability of its Point Henry plant.  Cransberg told The Weekend Australian his business paid more for power than overseas smelters.

The Author

I took an interest in the Australian energy sector close to ten years ago and since then have monitored the trends, technologies and direction of the Australian Energy Market. I was drawn to the Australian solar market in 2008 and since then have worked heavily in the field. I am partnered with national and international solar energy companies, from manufacturers of solar panel and inverter technology, online software developers that introduce tools to quote, monitor and manage solar power systems and media organisations who like myself, closely monitor the solar and renewable energy sector.

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