Redbank Power Station’s Renaissance: Bitcoiners Sign Up to Buy Cheap & Reliable Coal-Fired Power

  For power consumers searching for the cheapest and most reliable power, coal is the only answer. Crypto-currencies, like Bitcoin, have been a bonanza; not only for risk-hungry techie investors (not to mention risk-averse drug smugglers and money launderers), they’ve been a windfall for power generators – provided those generators can deliver it reliably and […]

Renewables Reckoning: Close Coal-Fired Power Plants & Watch Power Prices Rocket

Adding massively subsidised and chaotically delivered wind and solar to a power grid is guaranteed to send power prices through the roof (see above). Witness a little economic backwater called South Australia which – due to a maniacal obsession with sunshine and breezes – suffers the highest retail power prices in the world, routine load […]

Cost & Reliability Winners: Coal & Nuclear Just Keep On Keeping On

Pin satisfaction of your power demands to the weather, and expect the results to vary just like the .. ahem .. weather. One of the paradoxes of energy generation is that the most reliable sources are the cheapest, by far. Coal and nuclear power generation don’t need a second system like pumped hydro, mythical mega-batteries […]

‘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 […]

Wind Industry Lies About Falling Costs Backfire: MPs Demand End to Subsidies for Wind Power

The moral of the story of ‘The Boy Who Cried Wolf’ isn’t don’t lie, it’s don’t tell the same lie twice. Renewables rent-seekers continue to stick with the same grab bag of lies, myths and furphies, despite mountains of evidence revealing their marketing pitch is just so much polished propaganda. South Australia (Australia’s so-called ‘wind […]

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 […]

Wind Industry Says It’s Time to Cut the Subsidies: ‘Wind Power Cheaper than Coal’

STT loves an eye-catching headline. Today’s is, on one level, the kind of spoof headline dished out by Washington pranksters, The Onion: so outrageous, that no sentient being could accept the premise. However, half of our headline is quite literally true: the wind industry has been putting out figures claiming that it is not only […]