Colossal Collapse: Wind & Solar Investment Plummets as Subsidies Subside

In the absence of endless subsidies, the wind and solar ‘industries’ would disappear in a heartbeat, which is precisely how things are panning out for renewable rent seekers in Australia. The idea that there is a natural market for electricity that can’t be delivered as and when it’s needed, is pure nonsense: hence the massive […]

Full Steam Ahead: China’s Coal-Fired Power Surge Continues At Full-Tilt

Cut the subsidies and the wind and solar ‘industries’ would disappear overnight. That’s the lesson being delivered across the globe, as investment in new wind and solar capacity plummets. Nowhere has the collapse been more prominent than in China. Which is at odds with the meme that’s been run by renewable energy zealots for years […]

Frydenberg’s Folly: Australia’s Renewable Energy Target Destined to be Capped or Scrapped

When a policy is unsustainable, either it will collapse under its own ponderous weight, or its promoters will eventually be forced to scrap it. Australia’s Large-Scale Renewable Energy Target is just such a policy. In the cutting British satire, Extras, the hapless Andy Millman (Ricky Gervais) is always foiled by his gormless but lovable side-kick, […]

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 […]

REC Price Surge Signals Doom for Australia’s Renewable Target & its Wind Industry

When a policy is unsustainable its failure is inevitable: Australia’s Large-Scale Renewable Energy Target is just such a policy. STT has been spelling it out since December 2012. It was around then, when Australia’s commercial power retailers determined that there was no bankable certainty attached to the LRET; since then, no commercial retailer has entered […]