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 $15 billion … Continue reading Annual Cost of Australia’s Solar Subsidy Scam Hits $2 Billion & Sends Power Prices Into Orbit
Tag: Cost of solar power
‘Renewables Are Cheap’ Myth Busted: Full Cost of Wind & Solar Simply Staggering
South Australia is renowned as a renewable energy ‘superpower’: by some strange coincidence, it’s also renowned for having the highest retail power prices in the world. Wind and sun worshippers keep telling us that by plugging into nature’s wonder fuels we’ll soon enjoy power at 1970s prices. Except that that mantra is part myth and … Continue reading ‘Renewables Are Cheap’ Myth Busted: Full Cost of Wind & Solar Simply Staggering
The Sum of All Costs: Counting the True Costs of Intermittent Wind & Solar Power
Researchers have been underestimating the cost of wind and solar Our Finite World Gail Tverberg 22 July 2017 How should electricity from wind turbines and solar panels be evaluated? Should it be evaluated as if these devices are stand-alone devices? Or do these devices provide electricity that is of such low quality, because of its intermittency … Continue reading The Sum of All Costs: Counting the True Costs of Intermittent Wind & Solar Power
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