Australia’s self-inflicted power crisis has reached the point of full-scale disaster, with only one way out: killing subsidies to wind and solar. Australia’s competition watchdog, the Australian Competition & Consumer Commission has finally said what politicians are either too timid or too witless to even think. The chaos that’s been caused in the National Energy … Continue reading Generators Game Power Market Around Wind & Solar Output Collapses: Spot Prices Routinely Hitting $14,000/MWh
Category: power prices
Competition Watchdog Slams Subsidised Wind & Solar: Demands Government Investment in Reliable & Affordable Coal-Fired Power
It was only a matter of time before Australia’s ruinous renewable energy policies imploded and implode they just did. Australia’s power pricing and supply calamity is the inevitable consequence of the so-called ‘transition’ to nature’s wonder fuels. And yet the wind and sun cult and renewable energy rent seekers continue to behave as if the … Continue reading Competition Watchdog Slams Subsidised Wind & Solar: Demands Government Investment in Reliable & Affordable Coal-Fired Power
Pumped Hydro Pipe-Dreams: Why Using Wind Power to Pump Water Uphill is Economic Nonsense
Australia's obsession with wind and solar is literally destroying its economic future. Instead of clambering out of the hole, Malcolm Turnbull and Josh Frydenberg just keep on digging. The patrician and aloof Malcolm Turnbull has become a political parody. At a time when a Prime Minister ought to be outraged at the wholesale destruction of businesses and … Continue reading Pumped Hydro Pipe-Dreams: Why Using Wind Power to Pump Water Uphill is Economic Nonsense
Outing Nature’s ‘Outages’: Chaotic Wind Power Output Drives Rocketing Australian Power Prices
Australia’s Energy Minister, Josh Frydenberg has just bagged the Pinocchio Award for his continued line about falling power prices. Instead of retail relief, power consumers have been whacked by jumps of between 20 and 28% this year, on top of 20% increases, last year. The reason for rocketing power prices is the ‘behaviour’ of generators, … Continue reading Outing Nature’s ‘Outages’: Chaotic Wind Power Output Drives Rocketing Australian Power Prices
Renewables Rewind: Energy Crisis Causes Outbreak of Sanity With Push for Coal-Fired Power
With rocketing power prices and much worse to come, Australia’s renewable energy debacle has finally started to sharpen political thinking. Panic has set in, which, while not an ideal environment to form policy, will do in a pinch. Especially, when the alternative is doing nothing and watching an energy superpower turn itself into an economic … Continue reading Renewables Rewind: Energy Crisis Causes Outbreak of Sanity With Push for Coal-Fired Power
Renewable Energy Wars: MP’s Push For Reliable Coal-Fired Power Means D-Day for Wind & Solar
Doing the same thing repeatedly and expecting different results is insanity. And, so it is, with a gaggle of Australian MPs still wedded to the delusion that you can run an economy on sunshine and breezes. South Australia set the benchmark: with a grid on the brink of collapse and the world’s highest power prices, … Continue reading Renewable Energy Wars: MP’s Push For Reliable Coal-Fired Power Means D-Day for Wind & Solar
RE Madness Must End Now: Tony Abbott Calls Time-Out on Economy-Wrecking Paris Climate ‘Deal’
There are good deals, there are bad deals and there are disastrous deals. For Australia the Paris Climate ‘deal’ is a monstrous disaster. The realisation that an energy superpower found itself enmeshed in what is - for all intents and purposes - an international suicide pact, has just hit home. The only justification (if it … Continue reading RE Madness Must End Now: Tony Abbott Calls Time-Out on Economy-Wrecking Paris Climate ‘Deal’
Subsidised Wind Power: An International Crime Against Common Sense
Two necessary ingredients of the great wind power fraud are a gullible public and a troupe of pliant politicians. A decade from now - as these things either self-destruct, collapse or quietly rust into oblivion - the MPs that enabled the greatest economic and environmental fraud in history, will not be thanked. Nor will … Continue reading Subsidised Wind Power: An International Crime Against Common Sense
Energy Minister Delivers National Suicide Note: NEG Spells Doom For Cheap & Reliable Power
Coal powers Queensland and its electricity is the cheapest in the nation. Wind and solar power South Australia, and its power is the most expensive in the world. Australia’s energy Minister, Josh Frydenberg is either deluded or lying, when he says that power prices are already on a steady descent. Power costs to business have … Continue reading Energy Minister Delivers National Suicide Note: NEG Spells Doom For Cheap & Reliable Power
Mission Possible: Runaway Renewable Energy Policy = Australia’s Economic Suicide Pact
It’s possible to turn an energy superpower into an economic disaster: Australia did it in less than a decade. Its energy policy was hijacked by eco-zealots and handed to wind and solar rent-seekers, on a platter. A combination of witless and corrupt politicians meant that the mission was accomplished with the sort of split-second timing … Continue reading Mission Possible: Runaway Renewable Energy Policy = Australia’s Economic Suicide Pact
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