The hundreds of $billions paid in subsidies to intermittent wind and solar constitute the largest wealth transfer in economic history. In Australia, the Federal Government’s Large-Scale RET gouges $60 billion from power consumers over the life of the scam, and redirects it to such worthy outfits as AGL and our favourite whipping boys, Infigen. In the … Continue reading Rent-Seeker’s Nirvana: Ultra-Rich Pocket $Billions in Wind & Solar Subsidies at Our Expense
Tag: Cost of subsidised renewables
The Wind God’s New Clothes: Why Weather Dependent Power Generation Can Never Work
http://www.youtube.com/watch?v=t8hKSry09F0 The wind’s fickleness is no mystery to kite flyers and sailors, yet wind power still gets pumped as if it’s cutting edge technology. Those few places attempting to run on nature’s wonder fuels have become economic debacles. One of those, RE ‘superpower’, South Australia has suffered routine load shedding for years, and rocketing … Continue reading The Wind God’s New Clothes: Why Weather Dependent Power Generation Can Never Work
Outing Nature’s ‘Outages’: Chaotic Wind Power Output Drives Rocketing Australian Power Prices
Australia’s Energy Minister, Josh Frydenberg has just bagged the Pinocchio Award for his continued line about falling power prices. Instead of retail relief, power consumers have been whacked by jumps of between 20 and 28% this year, on top of 20% increases, last year. The reason for rocketing power prices is the ‘behaviour’ of generators, … Continue reading Outing Nature’s ‘Outages’: Chaotic Wind Power Output Drives Rocketing Australian Power Prices
Energy Minister Delivers National Suicide Note: NEG Spells Doom For Cheap & Reliable Power
Coal powers Queensland and its electricity is the cheapest in the nation. Wind and solar power South Australia, and its power is the most expensive in the world. Australia’s energy Minister, Josh Frydenberg is either deluded or lying, when he says that power prices are already on a steady descent. Power costs to business have … Continue reading Energy Minister Delivers National Suicide Note: NEG Spells Doom For Cheap & Reliable Power
Mission Possible: Runaway Renewable Energy Policy = Australia’s Economic Suicide Pact
It’s possible to turn an energy superpower into an economic disaster: Australia did it in less than a decade. Its energy policy was hijacked by eco-zealots and handed to wind and solar rent-seekers, on a platter. A combination of witless and corrupt politicians meant that the mission was accomplished with the sort of split-second timing … Continue reading Mission Possible: Runaway Renewable Energy Policy = Australia’s Economic Suicide Pact
Renewable Energy Debacle Deepens: Chaotic & Costly Power Destroying Australian Industry
Australian is set to cross the Rubicon: following the path to Nirvana promised by renewable energy zealots, means inevitable economic and social oblivion. As the country continues pouring billions of dollars into the unreliables - wind and solar - power prices will continue to rocket out of control. And, even if an industrial or … Continue reading Renewable Energy Debacle Deepens: Chaotic & Costly Power Destroying Australian Industry
National Energy Guarantee: Means Guaranteed Economic Destruction
Renewable energy rent-seekers hijacked the proposed National Energy Guarantee in order to ensure their subsidy-soaked futures. The reliability obligation - which would have guaranteed electricity to all power consumers during any worst-case scenario (eg, the height of summer when air-conditioners are running flat out and breathless weather means wind turbines are flat out producing anything … Continue reading National Energy Guarantee: Means Guaranteed Economic Destruction
Australia Enters Third World: Chaotic Delivery of Wind & Solar Forces Industrial Users Off Grid
Dictating when and if power consumers get electricity was once the preserve of communist dictatorships (think the USSR, North Korea and Cuba). Thanks to a maniacal obsession with intermittent wind and solar, Australia now sits comfortably in the same dismal ranks. No longer can industrial users expect to have power according to their business plans … Continue reading Australia Enters Third World: Chaotic Delivery of Wind & Solar Forces Industrial Users Off Grid
Subsidised Wind & Solar Driving Out-of-Control Power Prices: Business Hit With 24% Hike
Australia’s energy policy has been hijacked by lunatics, whose persistent ignorance has left it with out-of-control power prices and a grid all set to collapse. Pinning your energy needs to the weather was never going to pan out all that well. Of the Australian states, South Australia set the benchmark for virtue signalling stupidity; establishing … Continue reading Subsidised Wind & Solar Driving Out-of-Control Power Prices: Business Hit With 24% Hike
Renewables Disaster Killing Australian Industry: Big Users Forced to Shut Down In Calm & Cloudy Weather
Australia’s enviable prosperity isn’t due to sunshine and breezes, it’s down to iron ore, coal and a bevy of other minerals including copper and uranium. Australia also has an abundance of bauxite which, when a reliable and affordable power sources is added, turns ‘NT road-gravel’ into aluminium - a high-value metal used in all … Continue reading Renewables Disaster Killing Australian Industry: Big Users Forced to Shut Down In Calm & Cloudy Weather
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