*** With fear, loathing and recriminations playing out in Canberra about South Australia’s electricity debacle and the skyrocketing power prices mass blackouts and routine load shedding its obsession with wind power has delivered, Sabine Schnittger and Brian Fisher of BAEconomics have thrown the spotlight back on the Federal government’s family, job, growth and business killer: … Continue reading Australia’s Renewable Energy Target Already Costing $3 billion a Year, with Much Worse to Come
Tag: cost of renewable energy target
Why the ‘Transition’ to Wind & Solar is Nothing More than a Cruel Marketing Myth
*** The propaganda wings of the wind and solar industry have a lot to answer for, not least repeated and violent abuses of the English language. We are repeatedly beguiled by tales about our 'transition' to an all renewable future; and about how wind power is 'free' and getting cheaper all the time. However, the … Continue reading Why the ‘Transition’ to Wind & Solar is Nothing More than a Cruel Marketing Myth
Turnbull’s Reliable Power Play: Australian PM Pushes Coal-Fired Future
*** Patrician and aloof, Malcolm Turnbull is grappling with an energy debacle, that took root in South Australia (aka 'Australia's wind power capital') and, as a result of the Federal Large-Scale RET, threatens to burst the borders and destroy the entire Eastern Grid. Incidentally, geographically the single largest interconnected electricity grid on the planet. STT … Continue reading Turnbull’s Reliable Power Play: Australian PM Pushes Coal-Fired Future
Economic Disaster Looms: The £300 Billion Cost of Britain’s Wind Power Debacle
*** Britain set itself on the path to wind powered penury a decade ago and sealed its fate with its Climate Change Act in 2008. As anyone with a modicum of common sense could have predicted, the result has been a social and economic disaster, the costs of which can only escalate from here. In … Continue reading Economic Disaster Looms: The £300 Billion Cost of Britain’s Wind Power Debacle
Alan Jones Slams Subsidised Wind Power & Dr Mariana Alves Pereira Slams Wind Industry’s ‘Nocebo’ Nonsense
STT champion, Alan Jones is absolutely on fire. Before kicking off an utterly brilliant interview with Dr Mariana Alves-Pereira, Alan rips into the Liberal Coalition’s Energy and Environment Minister, Josh Frydenberg. Frydenberg is juggling a politically poisoned chalice, overflowing with the voter backlash that’s brewing in South Australia - due to its wind powered pricing and … Continue reading Alan Jones Slams Subsidised Wind Power & Dr Mariana Alves Pereira Slams Wind Industry’s ‘Nocebo’ Nonsense
Australia’s Federal RET Blown Away by South Australia’s Wind Power Disaster
Renewable strategy blowing in the spin The Australian Graham Lloyd 6 October 2016 The nation’s renewable energy strategy has officially blown a fuse. Everything is back on the table after an interim report found last week’s storm-induced statewide blackout in South Australia was the result of a dramatic, sudden loss of wind power generation. The … Continue reading Australia’s Federal RET Blown Away by South Australia’s Wind Power Disaster
Wind Power: The Greatest Swindle Ever Known
Australia is in election mode, with the battle for Federal political supremacy being won and lost on television and on the airwaves. The one broadcaster a political hopeful doesn't want off-side is 2GB's Alan Jones. AJ's followers number in the millions across 77 stations across the Country. Last week, Alan picked up on the cost … Continue reading Wind Power: The Greatest Swindle Ever Known
PM Hopes to Salvage LRET & Wind Industry by Reviving Renewables Slush Fund
**** In Australia, the fact that the Large-Scale RET was slashed once (from a 41,000 GWh annual target to 33,000GWh) guarantees that no commercial retailer will enter a long-term Power Purchase Agreement with a wind power outfit; and, accordingly, that no commercial banker will lend money for any new wind farms (see our post here). … Continue reading PM Hopes to Salvage LRET & Wind Industry by Reviving Renewables Slush Fund
Australian Power Retailers Deliver Fatal Blow to Wind Industry with Mass Solar Roll-Out
**** STT has been pointing out for sometime now, the fact that Australia’s big 3 power retailers have been refusing to ‘play ball’ with beleaguered wind power cowboys, like near-bankrupt, Infigen and the union super fund backed disaster, Pacific Hydro. Commercial retailers have not entered any power purchase agreements with wind power outfits, since about … Continue reading Australian Power Retailers Deliver Fatal Blow to Wind Industry with Mass Solar Roll-Out
Labor’s Renewable Target is Pure Insanity: the Coalition’s Target is Simply Madness
**** When Electricity Bill Shorten came out to announce Labor’s 50% renewable energy target, a couple of weeks back, Tony Abbott quite rightly jumped on it as an economy destroying policy, that would drive power prices through the roof; energy intensive businesses offshore; and households into a dim, dark electricity free future. And fair enough: … Continue reading Labor’s Renewable Target is Pure Insanity: the Coalition’s Target is Simply Madness