Tag: cost of renewable energy target

Budget Blowout: Escalating Cost of Subsidising Wind & Solar Simply Staggering

Now they’re talking in $trillions, the mere $billions in wind and solar subsidies pocketed so far sounds like chump change. When we’re talking about subsidies to wind and solar,  we are including all the thoroughly unnecessary associated costs, like new pumped-hydro schemes; giant lithium-ion batteries; additional fast-start peaking plants (either diesel or gas); and tens … Continue reading Budget Blowout: Escalating Cost of Subsidising Wind & Solar Simply Staggering

Beautiful One Day, Powerless The Next: QLD Premier Plugs Unhinged Wind & Solar Rollout

Thanks to suicidal renewable energy policies, Australian power prices are amongst the highest in the world. The mandated targets and massive subsidies for intermittent wind and solar, central to those policies, are wrecking the ability of coal-fired generators to remain profitable, which was precisely what they were designed to do. The imminent closure of more … Continue reading Beautiful One Day, Powerless The Next: QLD Premier Plugs Unhinged Wind & Solar Rollout

Wind & Solar Subsidies: High Time To End The Never-Ending Story of Wasted $Billions

Death and taxes are certainties, so too the wind and solar industry’s critical dependence on massive and endless subsidies. Those pushing wind and solar keep telling us that the power they produce is ‘free’ and getting cheaper all the time. Every so often, rent seekers and their political enablers are faced with the retort that, … Continue reading Wind & Solar Subsidies: High Time To End The Never-Ending Story of Wasted $Billions

Climate Warriors Furious Over India & China’s Insatiable Thirst for Coal-Fired Power

For years now, we’ve been told that “coal is dead” and that India and China will plump for wind and solar, instead of coal-fired power. Well, that’s the line being run by renewable energy rent seekers and wind and solar zealots around the globe. It is, of course, complete bunkum. With hundreds of millions still … Continue reading Climate Warriors Furious Over India & China’s Insatiable Thirst for Coal-Fired Power

Tell ‘Em They’re Dreamin’: Why Wind & Solar Can Never Replace Nuclear, Gas & Coal-Fired Power

https://www.youtube.com/watch?v=dik_wnOE4dk Australia is not the only country in the grip of the grand delusion that sunshine and breezes will soon completely replace nuclear, gas and coal-fired power. With another large capacity coal-fired power plant signalling its exit from the market place, the renewable energy ideologues are rejoicing. The engineers that built and ran those plants … Continue reading Tell ‘Em They’re Dreamin’: Why Wind & Solar Can Never Replace Nuclear, Gas & Coal-Fired Power

Total Flop: 20 years & $60 Billion in Subsidies, Wind & Solar ‘Deliver’ Risible 7% of Australia’s Power Demand

The line that Australia’s rocketing power prices will soon plummet is just a cruel hoax. The subsidies for large-scale wind and solar under the Federal government’s Large-Scale RET will total more than $60 billion over the life of that scheme: the Renewable Energy Certificates issued under the LRET have already added more than $18 billion … Continue reading Total Flop: 20 years & $60 Billion in Subsidies, Wind & Solar ‘Deliver’ Risible 7% of Australia’s Power Demand

Australia’s Renewable Energy Debacle: Government Mandates Economic Suicide

  Australia’s energy policy reads more like a Greek tragedy. An obsession with wind and solar has left Australians with rocketing power prices and an unstable grid. Renewable energy rent seekers have profited (obscenely) from the greatest government mandated wealth transfer in history: $70,000,000,000 worth of subsidies and soft loans will be thrown at wind … Continue reading Australia’s Renewable Energy Debacle: Government Mandates Economic Suicide

If Wind Power Really is Cheap, Why Not Slash the Massive Subsidies?

competition noun: the activity or condition of striving to gain or win something by defeating or establishing superiority over others; an event or contest in which people take part in order to establish superiority or supremacy in a particular area; the person or people over whom one is attempting to establish one’s supremacy or superiority; … Continue reading If Wind Power Really is Cheap, Why Not Slash the Massive Subsidies?

The Dangerous Road Ahead: The Wind Industry – Status Report

There are good reasons for serious and responsible players in the wind industry to be concerned about the industry’s future, and perhaps even more about corporate and personal liabilities. Liabilities there are, but for whom and when will they come visiting, are in the process of being established. Encouraged by now seen to be ignorant … Continue reading The Dangerous Road Ahead: The Wind Industry – Status Report

Australia’s Power Policy FAIL: Runaway Renewable Energy Target Destroying Business, Industry & Jobs

*** In the, ‘it seemed like a good idea at the time’ category, Australia’s Renewable Energy Target has turned toxic. Costly and pointless at the same time, the massive subsidies directed to wind and solar power have not only destroyed once affordable and reliable power supplies, they are inevitably destroying not just otherwise viable businesses, … Continue reading Australia’s Power Policy FAIL: Runaway Renewable Energy Target Destroying Business, Industry & Jobs