Australia’s Energy Debacle: South Australia Just the First Victim of the LRET’s $45bn in Wind Power Subsidies & Fines

*** Last week saw Federal Energy and Environment Minister, Josh Frydenberg briefly float and then just as quickly scrap the idea of a ‘carbon’ credit trading scheme, which – as we set out in yesterday’s post – counter-intuitively had the potential of avoiding a complete political disaster for the coalition. While a media scrum kicked […]

‘Peak Lunacy’: Australia’s Unfolding Energy Fiasco Cripples SA – Victoria to Follow

*** In Ridley Scott’s 1991 feminist version of the classic American road film, Thelma and Louise, the protagonists hit the road in a 1966 Ford Thunderbird convertible, hoping to escape the dropkick men in their dreary lives. Thelma, in resisting the unwanted advances of a would-be rapist, pumps her assailant full of lead and the […]

Giant Battery Myth Offers Wind Industry No Salvation from its Ultimate Demise

*** One of the more hilarious moments that followed the aftermath of South Australia’s statewide blackout on 28 September (aka ‘Black Wednesday’), was when The Australian quoted the CEO of French wind power outfit Neoen – one of the wind power operators whose turbines were responsible for SA’s date with the Dark Ages: Neoen Australia […]

Australia’s Renewable Target Kills 2,000 Victorian Jobs at Hazelwood & Portland

*** To call what Australian politicians refer to as energy “policy” is to flatter it as involving some kind of deliberate design. As things have panned out in South Australia, and are fast panning out in neighbouring Victoria, there is only one fair description: “total chaos”. South Australia lost 784MW of reliable, affordable base-load power […]

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 […]

Queensland Labor Lunacy: Premier Vows to Follow South Australia Back to the Dark Ages

*** It was Albert Einstein that forecast the Australian approach to energy policy when he defined insanity as: “doing the same thing over and over again and expecting different results.” Queensland’s capital, Brisbane is barely 1,600 km and 2 hours, 20 minutes flying time from Adelaide, but it appears that the news from South Australia […]

South Australia’s Wind Power Debacle: Blackout Spells the End for Wind Power

*** Time for tilting at windmills is at an end (SA blackout shows need for energy security instead of windmills) The Australian Chris Kenny 8 October 2016 By plunging itself into darkness and flailing itself with prohibitive, self-imposed electricity costs, South Australia provides the nation with a critical warning about energy policy. It also demonstrates […]