Government Uses Fake Gas ‘Crisis’ to Force Suppliers to Guarantee Gas to Costly & Inefficient Peaking Power Generators

AGL shows why power generators shouldn’t be energy retailers The Australian Judith Sloan 26 September 2017 Former senior executives of AGL must surely be shaking their heads in dismay. As the oldest listed company in the country, AGL has a tradition of measured and conservative conduct, as would be expected of a utility in the … Continue reading Government Uses Fake Gas ‘Crisis’ to Force Suppliers to Guarantee Gas to Costly & Inefficient Peaking Power Generators

Malcolm, Josh Grow Up, Kill the Renewable Energy Target & Go Nuclear

When I was a child, I used to speak like a child, think like a child, reason like a child; when I became a man, I did away with childish things. Australians are fast growing up to the fact that running a country on sunshine and breezes is so much childish nonsense. Like most childish … Continue reading Malcolm, Josh Grow Up, Kill the Renewable Energy Target & Go Nuclear

Killing Off Australia’s Suicidal Renewable Energy Target Only Path to Economic Salvation

STT has been banging on about this since December 2012 and, for most of that time, pretty much alone. Massive and endless subsidies to a chaotic power source, abandoned centuries ago for obvious reasons have cost this country very dearly. Maintaining the Federal government's Large-Scale Renewable Energy Target fixes Australia on a path to economic … Continue reading Killing Off Australia’s Suicidal Renewable Energy Target Only Path to Economic Salvation

Power Politics: Australia’s Energy Crisis Turns Voters Against Subsidised Wind & Solar

The well-worn mantra is that everyone is all in favour of renewable energy. And there’s something in it - right up to the point when they have to pay for it. Or right up to the point when the sun goes down and the wind stops blowing and they’re left sitting freezing or boiling in … Continue reading Power Politics: Australia’s Energy Crisis Turns Voters Against Subsidised Wind & Solar

Australian Summer Forecast: More Blackouts & Rocketing Power Prices

Australia’s decade-long dalliance with sunshine and breezes is about to get really, really serious. South Australia’s reputation as both Australia’s wind power capital and the home of the highest power prices in the world, and mass load shedding and statewide blackouts is no coincidence. The implicit purpose behind Australia’s Federal Large-Scale Renewable Energy Target is … Continue reading Australian Summer Forecast: More Blackouts & Rocketing Power Prices

Renewable Target Revolt: Desperate Coalition MPs Demand New HELE Coal Plants

  In Canberra, the politics of power has become a veritable powder keg for the patrician and aloof PM, Malcolm Turnbull. His hapless sidekick, Josh Frydenberg will go down in history as the man who, almost single-handedly, destroyed Australia’s enviable wealth and hard fought for prosperity. As power hungry businesses have just worked out, Australia’s … Continue reading Renewable Target Revolt: Desperate Coalition MPs Demand New HELE Coal Plants

Australia’s $60bn Business & Job Killing Renewable Energy Target: Turnbull & Frydenberg Dare Not Speak Its Name

Finally, the message is starting to get through: Australia’s Renewable Energy Target is a $60 billion tax on all Australian power consumers and, therefore, a guaranteed business and job killer. However, those tuned in to the PM, Malcolm Turnbull and his hapless sidekick, Josh Frydenberg wouldn’t know it. Frydenberg continues to rail about Labor’s ‘aspirational’ 50% … Continue reading Australia’s $60bn Business & Job Killing Renewable Energy Target: Turnbull & Frydenberg Dare Not Speak Its Name

Australia’s Renewable Energy Disaster: Self-Inflicted Power Crisis Goes from Bad to Execrable

  As witless as they are gutless, the Federal Liberal/National Coalition government is tearing itself apart over energy. In particular, renewable energy; and the choice between the existing annual 33,000 GWh Large-Scale RET - roughly 26% of annual consumption, which is already destroying businesses and punishing households with 20% year-on-year price increases (even though the … Continue reading Australia’s Renewable Energy Disaster: Self-Inflicted Power Crisis Goes from Bad to Execrable

Rocketing Power Prices Mean Australia’s Renewable Energy Target is Unsustainable and Ready to Implode

*** Renewables rent-seeker, AGL has launched a propaganda war in Australia’s media, since the release of Alan Finkel’s fantasyland review of Australia’s power market calamity. Finkel’s report promised Australia’s very own Enron, among others, the opportunity to rape and pillage in a power market with an effective 42% RET, dominated by intermittent and unreliable wind … Continue reading Rocketing Power Prices Mean Australia’s Renewable Energy Target is Unsustainable and Ready to Implode

Politics of Power: Federal Coalition Government Turns on Subsidised Renewables

*** Politics is a brutal business: no sooner is a politician or political party riding the crest of a wave, than they’re being smashed against jagged rocks and deluged by a roaring surf. As Australian politicians are fast learning, the politics of power is even more brutal still. Continually rocketing power prices is bad enough, … Continue reading Politics of Power: Federal Coalition Government Turns on Subsidised Renewables