To destroy the cheapest and most reliable power supplies in the world in less than 20 years takes effort, but it can be done. Take South Australia, Australia’s so-called wind power capital as the prime example. Despite its Premier’s recent (nonsensical) claims about SA power prices plummeting, they are still the highest retail power prices … Continue reading Australia’s Power Crisis Generated by a Conspiracy of Incompetents
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Guilty: Subsidised Wind & Solar Drive Australia’s Rocketing Retail Power Prices
Among the dwindling band of deluded wind and sun worshippers, no two words are more prone to send them into apoplexy than ‘South Australia’. Held up as the example of how to run an economy on sunshine and breezes (sprinkled with a liberal dose of pixie dust and batteries that cost $150 million to power … Continue reading Guilty: Subsidised Wind & Solar Drive Australia’s Rocketing Retail Power Prices
Turnbull’s Trilemma: PM’s Power to Rise (or Fall) with National Energy Guarantee
The reason that Australian governments give for policies set to squander $60 billion in subsidies on wind and solar power is a three-way mission to deliver (1) reliable, (2) affordable and (3) low-CO2-emissions electricity. After the debacle that’s played out in Australia’s wind power capital, South Australia, the odds of that trifecta ever becoming a … Continue reading Turnbull’s Trilemma: PM’s Power to Rise (or Fall) with National Energy Guarantee
‘Green’ Premiers Red-Faced: Wind Power Fiasco Ends in Dirty Diesel Debacle
Australia’s ludicrous attempt to run on sunshine and breezes sometimes reads like the farcical plot of an episode of Blackadder or Fawlty Towers. In a ‘you couldn’t make this up if you tried’ moment, Australia’s ‘greenest’ States, Victoria and South Australia (which has been forced to wear its mantle as ‘Australia’s wind power capital’, … Continue reading ‘Green’ Premiers Red-Faced: Wind Power Fiasco Ends in Dirty Diesel Debacle
Subsidised Wind & Solar: Guaranteed Path to Rocketing Prices & Blackouts
Australia’s diabolically destructive renewable energy policies have led to rocketing power prices and a grid on the brink of collapse. Australian power consumers currently connected to the Eastern Grid (that connects Queensland, New South Wales, ACT, Victoria, South Australia and Tasmania) have no idea just how close they are to watching their first total ‘system … Continue reading Subsidised Wind & Solar: Guaranteed Path to Rocketing Prices & Blackouts
Australia’s Self-Inflicted Renewable Energy Fiasco: Product of Political Treachery
Last Sunday, STT detailed the workings of Malcolm Turnbull’s National Energy Guarantee and the associated Emissions Obligation faced by power retailers. Not that we were out to defend it. Indeed, while it has some promise of restoring stability to Australia’s electricity grid (being pushed to the brink of collapse by a ludicrous attempt to run … Continue reading Australia’s Self-Inflicted Renewable Energy Fiasco: Product of Political Treachery
PM’s Reliable Power Play Spells Disaster for Unreliable & Intermittent Wind Power
Politics is a cruel caper, at the best of times. And, in Australia, power politics is merciless. A decade and-a-half of government intervention in the power market has left Australia with the highest power prices in the world and a grid on the brink of collapse. The disaster is largely down to distortions caused by … Continue reading PM’s Reliable Power Play Spells Disaster for Unreliable & Intermittent Wind Power
Wind Power: The Mother of All Taxpayer Subsidised Scams
STT has likened it to the great corporate Ponzi schemes, pointing out, just once or twice, that the wind industry is little more than the most recent and elaborate effort to fleece gullible investors, in a list that dates back to “corporate investment classics”, like the South-Sea Bubble and Dutch tulip mania. In the wind … Continue reading Wind Power: The Mother of All Taxpayer Subsidised Scams
Ian Plimer: The Climate Change Delusion and The Great Electricity Ripoff
Ian Plimer is an Australian geologist, professor emeritus of earth sciences at the University of Melbourne, professor of mining geology at the University of Adelaide, and the director of multiple mineral exploration and mining companies. He has published numerous scientific papers, 7 books and is one of the co-editors of Encyclopedia of Geology. Ian also … Continue reading Ian Plimer: The Climate Change Delusion and The Great Electricity Ripoff
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
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