Australia’s Renewable Energy Policy Implodes: With Power Prices Rocketing MPs Demand Immediate End to Wind & Solar Subsidies

In less than a week, RE zealots went from full-scale offensive to wholesale retreat, with disaster now imminent for wind and solar outfits. Instead of getting their National Energy Guarantee up and running – a policy which would have effectively doubled the amount of subsidised and intermittent wind and solar capacity in Australia – Audrey […]

Giant Renewable Energy Debacle Demands Even Bigger Lies: Boffins Claim More Wind & Solar Guaranteed to Cut Power Prices

Efforts by RE zealots to maintain control of Australia’s energy policy have turned to high farce. Working on the adage that the bigger the lie, the more often that it’s told, the more people are likely to believe it, the AEMO’s Audrey Zibelman and the Energy Security Board’s Kerry Schott have decided to take reality, […]

Descent Into Chaos: Australia’s Renewable Energy Policies Implode As Power Prices Rocket Out of Control

Blind panic doesn’t cover it: Australia’s energy crisis has MPs and rent-seekers running around like chooks with their heads cut off. Retail power prices (see above) have jumped anywhere between 20 and 28% in the last 12 months, in those states with major wind and solar capacity – adding to 13-20% increases, the previous year. Energy […]

Rent-Seeker’s Nirvana: Ultra-Rich Pocket $Billions in Wind & Solar Subsidies at Our Expense

The hundreds of $billions paid in subsidies to intermittent wind and solar constitute the largest wealth transfer in economic history. In Australia, the Federal Government’s Large-Scale RET gouges $60 billion from power consumers over the life of the scam, and redirects it to such worthy outfits as AGL and our favourite whipping boys, Infigen. In the […]

Subsidised Wind & Solar Driving Australian Power Prices Through the Roof

Power prices matter: and they matter most to society’s poorest and most vulnerable. In less than a dozen years, Australia went from enjoying the cheapest power in the world, to suffering the world’s most expensive. In the last three years power prices have risen at double-digit rates: 20 to 24% last year and 13 to […]

Energy Minister Under Siege: Australian Businesses Refuse to Shut Down During Wind Power Collapses

Business operators have just worked out that Australia’s renewable energy policies are deliberately designed to destroy them. Concepts such as ‘demand management’ (state-ordered deliberate blackouts) are the natural result of seeking to run an entire economy on sunshine and breezes. This country wouldn’t be debating Josh Frydenberg’s National Energy Guarantee, the Australian Competition & Consumer […]

Power Politics: Rocketing Power Prices Demand Immediate End to Wind & Solar Subsidies

The causes of Australia’s self-inflicted renewable energy disaster are all political; and have nothing to do physics, engineering, the weather or some kind of fossil-fuelled conspiracy. The policies were deliberately designed to destroy Australia’s affordable and reliable power supplies. And, according to their purpose, they’ve done just that. Last week, the Australian Competition & Consumer […]

Wind & Solar Subsidies Caused Australia’s Power Crisis: Salvation Means Slashing Them Now

The adults have just taken control of Australia’s renewable energy debacle: the ACCC’s investigation into RE subsidies and power market gaming spells the end for subsidised wind and solar. As STT has pointed out on more than one occasion: when a policy is unsustainable it will either collapse under its own imponderable weight, or its […]

Only Solution to Australia’s Power Crisis: Cutting Subsidies to Intermittent Wind & Solar – Right Now

Fixing Australia’s power pricing and supply calamity means slashing subsidies to wind and solar: not in 2020, not in 2030, but right now. For the wayward and confused, it’s always important to remember that a straight line is the shortest, and often the safest, route home. Australia’s self-inflicted energy crisis started out with massive subsidies […]

Generators Game Power Market Around Wind & Solar Output Collapses: Spot Prices Routinely Hitting $14,000/MWh

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 […]