*** A week is an awfully long time in politics and, when the subject is Australia’s calamitous energy policy, it’s a veritable aeon. When Josh Frydenberg waltzed into the Energy and Environment Portfolio, STT tried to warn the ambitious colt from Kooyong that he had, in fact, just inherited a political poisoned chalice. Last week, … Continue reading Frydenberg’s Carbon Credit Capers: Coalition Signals the End for Australia’s Renewable Energy Target & Wind Power
Tag: Australian power prices
Trump’s War on Wind Power: Access to Cheap & Reliable Power an Economic Fundamental
If the election of Donald Trump holds any lesson at all, it's that energy costs and the security of its supply determine the economic and social health of any Nation, and ignoring that fact - by zealously pushing policies to the contrary - will end in tears for those foolish and arrogant enough to believe … Continue reading Trump’s War on Wind Power: Access to Cheap & Reliable Power an Economic Fundamental
Australia’s Renewable Target Kills 2,000 Victorian Jobs at Hazelwood & Portland
*** To call what Australian politicians refer to as energy “policy” is to flatter it as involving some kind of deliberate design. As things have panned out in South Australia, and are fast panning out in neighbouring Victoria, there is only one fair description: “total chaos”. South Australia lost 784MW of reliable, affordable base-load power … Continue reading Australia’s Renewable Target Kills 2,000 Victorian Jobs at Hazelwood & Portland
South Australian Debacle Shows Wind Power a ‘Proven Failure’
It took the wind power disaster to unfold in South Australia before mainstream media started to notice the bleeding obvious: these things don't work - on any level. Slowly, but surely the press have pounced - attacking the causes and consequences of pouring $billions in subsidies at a power generation system which can only be … Continue reading South Australian Debacle Shows Wind Power a ‘Proven Failure’
Brits Slash Subsidies to Wind Power as South Australia’s ‘Green Dream’ Turns Nightmare
*** STT followers might be wondering at our present obsession with South Australia’s wind powered, energy calamity. However, we haven’t forgotten about the rest of the world. Our focus, we think, is justified; as South Australia stands as the perfect and inevitable example of what happens when you try to run an economy on sunshine … Continue reading Brits Slash Subsidies to Wind Power as South Australia’s ‘Green Dream’ Turns Nightmare
No Salvation: South Australian Businesses Being Crushed by Wind Power Costs
Arrium Steel's Gerard Mahoney: SA's power play the last roll of the dice. *** South Australia’s unfolding energy calamity, has drawn all sorts of self-professed experts out of the woodwork; desk-bound boffins, who all seem to have ready-made answers to SA’s self-inflicted power supply and pricing disaster. However, most of their “solutions” involve spending hundreds … Continue reading No Salvation: South Australian Businesses Being Crushed by Wind Power Costs
South Australia’s Wind Power Disaster Kills BHP’s Plans to Expand Olympic Dam Mine
BHP started life in 1885 as the brainchild of station hands and boundary riders on Mount Gipps station in western New South Wales. The town that sprung up around their find of one of the largest lead, silver and zinc deposits in the world, Broken Hill, shares the name with the company, ‘Broken Hill Proprietary’. … Continue reading South Australia’s Wind Power Disaster Kills BHP’s Plans to Expand Olympic Dam Mine
South Australians Locked in Wind Power Price Disaster: Retail Prices Jump Another 12%
*** South Australia is an economic basket case, thanks, in no small part, to its obsession with wind power. Power prices are spiralling out of control. Back in March SA’s businesses were belted with a 90% hike in their bills, that left manufacturers, miners and other power hungry businesses reeling: Wind Power Costs Crushing South … Continue reading South Australians Locked in Wind Power Price Disaster: Retail Prices Jump Another 12%
Wind Industry Makes Absurd Claim that Wind Power Lowers Retail Power Prices
The latest wind industry wheeze is to turn black into white, by claiming that occasionally adding wind power to an electricity grid (weather permitting, of course) lowers retail power prices. Here’s Alan Moran unpacking the latest furphy. Black is white: and wind generators drive down electricity prices, too … Catallaxy Files Alan Moran 8 June … Continue reading Wind Industry Makes Absurd Claim that Wind Power Lowers Retail Power Prices
Labor to Throw $200bn to the Wind: Electricity Bill Shorten’s Economic Suicide Pact Unpacked
**** In the cutting British satire, Extras, the hapless Andy Millman (Ricky Gervais) is always foiled by his gormless but lovable side-kick, Maggie Jacobs (Ashley Jensen). Maggie, when she’s not inadvertently ruining Andy’s romantic hopes and/or acting career prospects, poses puzzling rhetoricals such as “would you rather be trampled by elephants or eaten by lions?” … Continue reading Labor to Throw $200bn to the Wind: Electricity Bill Shorten’s Economic Suicide Pact Unpacked