When, on 28 September this year, a run-of-the-mill spring storm brought buffeting winds to South Australia, wind speeds exceeded 25m/s (90km/h), the bulk of its 18 wind farms saw their turbines shutdown automatically to protect themselves from catastrophic self-destruction. Metropolitan Adelaide was without power for hours, regional centres without power for days and mines in … Continue reading South Australia’s September Wind Power Blackout Cost Businesses & Households $367 Million
Tag: Australian power prices
State of Emergency: South Australia’s Wind Power Crisis Hits Full-Scale Panic
It’s a little like watching the same train wreck, over and over again. South Australia’s power pricing and supply calamity is something that STT has been predicting for years. Now that the disaster has been realised, mainstream media are all over it like a tropical rash. In South Australia there is a pervasive sense of … Continue reading State of Emergency: South Australia’s Wind Power Crisis Hits Full-Scale Panic
Australia’s Energy Debacle: South Australia Just the First Victim of the LRET’s $45bn in Wind Power Subsidies & Fines
*** Last week saw Federal Energy and Environment Minister, Josh Frydenberg briefly float and then just as quickly scrap the idea of a ‘carbon’ credit trading scheme, which - as we set out in yesterday's post - counter-intuitively had the potential of avoiding a complete political disaster for the coalition. While a media scrum kicked … Continue reading Australia’s Energy Debacle: South Australia Just the First Victim of the LRET’s $45bn in Wind Power Subsidies & Fines
Frydenberg’s Carbon Credit Capers: Coalition Signals the End for Australia’s Renewable Energy Target & Wind Power
*** 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
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
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