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 […]

Australia’s Federal RET Blown Away by South Australia’s Wind Power Disaster

Renewable strategy blowing in the spin The Australian Graham Lloyd 6 October 2016 The nation’s renewable energy strategy has officially blown a fuse. Everything is back on the table after an interim report found last week’s storm-induced statewide blackout in South Australia was the result of a dramatic, sudden loss of wind power generation. The […]

Wind Industry’s Deathknell: Wind Power Shortfall Means Power Consumers Will be Forced to Pay $20 Billion in Fines

*** While the short-term fortunes wind power outfits have never looked brighter, the fact that the price of RECs (aka LGCs) has recently gone through the roof is a signal that the game is all but up. Before we detail why the wind industry is on its last legs, we’ll start with a couple of […]

SA’s Wind Power Debacle: Opportunity Knocks for More Subsidy-Sucking Rent Seekers

Investment is not always good Catallaxy files Judith Sloan 29 July 2016 Since the return of the Labor-lite Turnbull government – or should that just be Labor – the rent-seekers in the renewable energy space have been out and about. No doubt, the South Australian debacle has thrown a spanner in the works, but the […]

South Australia’s Lessons for the World: Subsidised Wind Power The Fastest Route to Social & Economic Disaster

Judith Sloan: lays out a lesson on avoiding economic & social disaster. **** In a week when the mainstream media have been (finally) laying out the catastrophic results of South Australia’s ludicrous attempt to power itself on sunshine and breezes, it would be rude not to include this cracking article penned by The Australian’s top-flight […]

LRET “Stealth Tax” to Cost Australian Power Punters $30 BILLION

**** As STT has pointed out – just once or twice – the Large-Scale Renewable Energy Target is simply unsustainable: any policy which is unsustainable will eventually fail under its own unfathomable weight; or its creators will be forced to scrap it, in circumstances of shame and ignominy. We’ll go on to detail just why […]

Judith Sloan: Junking the RET is the right thing to do

Judith Sloan has already entered the STT Pantheon with an earlier piece on the insanity that is the RET (see our post here). Well, the lass with a head for numbers – and smarter than brain pie – is back at it with this sizzling piece from The Australian. Junking energy target is right The […]