Politics of Power: Federal Coalition Government Turns on Subsidised Renewables

*** Politics is a brutal business: no sooner is a politician or political party riding the crest of a wave, than they’re being smashed against jagged rocks and deluged by a roaring surf. As Australian politicians are fast learning, the politics of power is even more brutal still. Continually rocketing power prices is bad enough, […]

Power Price Punishment Spreads as More Retailers Add 20% to Australian Power Bills

*** STT called Alan Finkel’s report on Australia’s renewable energy debacle a mix of Lewis Carroll’s Through the Looking Glass and Goldilocks. As commentators chew through Finkel’s rubbery figures, it is apparent that our description was not just fair but accurate. New electricity reform details cut off promised $90 saving The Australian David Crowe 16 […]

Liberal Coalition Plan to Kill Wind Power Subsidies: Angus Taylor Lays Out Low-Cost CET

*** Never in the field of political conflict has so much been owed by so many to so few. So few, in fact, we can name him: Angus Taylor, Liberal Member for Hume. In a run of posts this week, STT will detail the fallout from Alan Finkel’s fantasyland review of Australia’s electricity market. In […]

Industrial-Scale Battery Storage of Wind & Solar Power Does Not Exist & May Never Exist

With the world now alive to the fact that entirely weather dependent wind and solar power will never stand on their own 2 feet; and that intermittency really does matter, renewables rent-seekers have been banging on about mega-batteries saving the day. Australia’s ‘wind power capital’, South Australia – having destroyed its once reliable and affordable […]

Nuclear Power: The Only CO2 Free Power Generation System Available

*** The most astonishing thing about Alan Finkel’s report on Australia’s electricity market calamity, is that the only stand-alone, CO2 emissions free generation source – nuclear power – barely rates a mention and gets dismissed as if it were some far fetched technology used by aliens. Finkel, a climate alarmist if ever there was one, […]

Renewables Disaster Sees Australian Power Prices Jump Another 20% – With Worse to Come

Life coaches and self-help manuals talk about dreaming the life and living the dream. In Australia, as elsewhere, wind and solar power were touted as promising not only an end to the pesky habit of the Earth’s climate to change (a selfish obsession that our planet has been hard at for 4.5 billion years), but […]

Renewables Rent-Seekers Panic as Wind Power Operators Forced to Pay Back-Up Costs

If there is one thing that renewables-rent-seekers dread more than calm and cloudy weather, it has to be uncertainty. Always keen to preach about how cheap wind power has become, but always reticent to release their grip on the subsidy teat, the wind industry, its parasites and spruikers are now in a flat panic after […]

Finkel’s Fantasyland: Report to ‘Save’ Australia’s Power Grid From Renewables Chaos a Death Sentence for Business

*** In yesterday’s post we described Alan Finkel’s report on Australia’s power market fiasco as a mixture of Lewis Carroll’s ‘Through the Looking-Glass’ – residing in a place where the fundamentals of physics and economics, logic and reason are playfully and permanently suspended – and Goldilocks – the story about an infantile quest to make sure […]

Power Prices Rocket & Dunces Dither as Australia’s Energy Crisis Deepens

Yesterday (Friday, 9 June), Alan Finkel released his long awaited report on Australia’s calamitous renewable energy policies, to sighs of despair and disappointment amongst those who actually understand how Australia’s electricity market works; or, rather, has been knowingly destroyed by massive subsidies to intermittent, unreliable, chaotic and expensive wind and solar power. Finkel’s report – […]

Last Chance Hotel: Australia’s Energy Crisis at the Crossroads

*** Australia’s energy crisis is a self-inflicted calamity with no apparent end in sight. The PM, Malcolm Turnbull seems intent on protecting his son, Alex’s investment in Australia’s most notorious wind power outfit, Infigen (see our post here). While his gormless Energy Minister, Josh Frydenberg behaves like a punch-drunk boxer, who cannot land a punch […]