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
Tag: Jay Weatherill power plan
Freedom of Choice: Massively Subsidised Wind Power or Jobs, Growth & Prosperity
Not so long ago, barely 25 years, in fact, Australia was rightly regarded as an energy superpower: abundant coal and gas reserves ensured reliable, secure and affordable electricity. It was hard to explain ‘energy poverty’ to anyone and power was altogether cheap. Back then, the ‘business’ was about taking that electricity and using it … Continue reading Freedom of Choice: Massively Subsidised Wind Power or Jobs, Growth & Prosperity
Renewables Disaster Deepens: Power Costs to Australian Businesses Triple
It’s almost as if Australia’s rocketing power prices, unstable grid, load-shedding and blackouts were an unexpected surprise, something that must’ve been introduced by intergalactic forces. Here’s an extract from a Press Release STT put out back before the Wind Power Fraud Rally in Canberra in June 2013: PRESS RELEASE: 7 MAY 2013 Wind Power … Continue reading Renewables Disaster Deepens: Power Costs to Australian Businesses Triple
South Australia’s Wind Power Obsession Leads to Highest Power Prices in the World
By reason of its maniacal obsession with wind power, South Australia has become the butt of international jokes, and the object of plenty of sniggering from those occupying neighbouring states. These days, it’s almost impossible to read an article about South Australia’s economic misfortunes in which there is no mention of routine load-shedding and mass … Continue reading South Australia’s Wind Power Obsession Leads to Highest Power Prices in the World
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
Wind Power Chaos Promises to Deliver Mass Summer Blackouts Across Australia
The only businesses which are bouncing along in South Australia are those selling portable diesel generators, candles and LED headlamps. The sort of staple items you might find on a Doomsday Prepper's list. However, in Australia's so-called wind power capital, BYO and DIY power and lighting are everyday essentials. SA's vapid Premier, Jay Weatherill pretends … Continue reading Wind Power Chaos Promises to Deliver Mass Summer Blackouts Across Australia
Alan Finkel’s Bogus Adventure: Staggering Costs of Clean Energy Target Hidden From View
One thing time Finkel will never be accused of is under-selling his 42% renewable energy target, re-boxed and badged as a clean energy target 'CET'. However, the trouble with hubris is that it does not take very long to prick the over-eager salesman's balloon. As we pointed out in yesterday's post, Finkel's forecast power price … Continue reading Alan Finkel’s Bogus Adventure: Staggering Costs of Clean Energy Target Hidden From View
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
Power Price Punishment Spreads as More Retailers Add 20% to Australian Power Bills
*** STT called Alan Finkel's report on Australia's renewable energy debacle a mix of Lewis Carroll's Through the Looking Glass and Goldilocks. As commentators chew through Finkel's rubbery figures, it is apparent that our description was not just fair but accurate. New electricity reform details cut off promised $90 saving The Australian David Crowe 16 … Continue reading Power Price Punishment Spreads as More Retailers Add 20% to Australian Power Bills
Liberal Coalition Plan to Kill Wind Power Subsidies: Angus Taylor Lays Out Low-Cost CET
*** Never in the field of political conflict has so much been owed by so many to so few. So few, in fact, we can name him: Angus Taylor, Liberal Member for Hume. In a run of posts this week, STT will detail the fallout from Alan Finkel’s fantasyland review of Australia’s electricity market. In … Continue reading Liberal Coalition Plan to Kill Wind Power Subsidies: Angus Taylor Lays Out Low-Cost CET
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