Renewables Disaster Sees Australian Power Prices Jump Another 20% – With Worse to Come

Life coaches and self-help manuals talk about dreaming the life and living the dream. In Australia, as elsewhere, wind and solar power were touted as promising not only an end to the pesky habit of the Earth’s climate to change (a selfish obsession that our planet has been hard at for 4.5 billion years), but […]

Finkel’s Fantasyland: Report to ‘Save’ Australia’s Power Grid From Renewables Chaos a Death Sentence for Business

*** In yesterday’s post we described Alan Finkel’s report on Australia’s power market fiasco as a mixture of Lewis Carroll’s ‘Through the Looking-Glass’ – residing in a place where the fundamentals of physics and economics, logic and reason are playfully and permanently suspended – and Goldilocks – the story about an infantile quest to make sure […]

Power Prices Rocket & Dunces Dither as Australia’s Energy Crisis Deepens

Yesterday (Friday, 9 June), Alan Finkel released his long awaited report on Australia’s calamitous renewable energy policies, to sighs of despair and disappointment amongst those who actually understand how Australia’s electricity market works; or, rather, has been knowingly destroyed by massive subsidies to intermittent, unreliable, chaotic and expensive wind and solar power. Finkel’s report – […]

Last Chance Hotel: Australia’s Energy Crisis at the Crossroads

*** Australia’s energy crisis is a self-inflicted calamity with no apparent end in sight. The PM, Malcolm Turnbull seems intent on protecting his son, Alex’s investment in Australia’s most notorious wind power outfit, Infigen (see our post here). While his gormless Energy Minister, Josh Frydenberg behaves like a punch-drunk boxer, who cannot land a punch […]