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 […]

Blackout Blues Continue: Australia’s Wind Industry Loses PR War for ‘Hearts & Minds’

The proponents of a pointless power source, abandoned centuries ago for pretty obvious reasons, which exists, and only exists by reason of massive subsidies drawn from power consumers and/or taxpayers have, from the outset, engaged in a well-orchestrated PR campaign aimed at winning ‘hearts and minds’. An industry that wouldn’t survive a nanosecond without mandated […]

South Australia’s ‘Deluded’ Wind Power Policy a ‘Red-Flag’ for Wind Cult Zealots & Politicians Alike

*** There is nothing quite like being right in a public forum: especially when your opponents run as a rabid pack of deluded zealots, occupying a netherworld – altogether free of both fact and consequence – driven by ideology; and devoid of common sense, logic or reason. During the week just gone, the latest whole […]

Australia’s New Senate Pushes for End to Wind Power Subsidies

*** The return of a Federal Coalition government has given the wind industry, its parasites and spruikers no respite: the ‘uncertainty’ they dread is still hanging over the terminal Large-Scale RET (the subsidy scheme on which the entire scam depends) like the Sword of Damocles. The LRET is set up as a $3 billion a […]

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 Escalates as Australian Wind Power Subsidies Hit $3 Billion a Year

Renewables’ subsidies put sting into power bills The Australian Michael Owen 26 July 2016 Renewable energy output in Australia is subsidised by almost $3 billion a year, more than 19 times the amount for generation from fossil fuels, a report by an economic consultancy says. The report by Principal Economics found renewable energy subsidies added […]

Australia Votes: STT Takes a Little Break

In a thousand places, from Albany to Yerranderie, from the Bungle Bungles to Zeehan, around 16 million Australians have just ticked a few boxes that will determine which team gets to control its Federal Parliament for a while. As to the future of the wind industry, the result matters little: without bi-partisan support, the LRET […]

South Australia: Proving Wind Power a Recipe for Social & Economic Disaster

The image above is taken from the Collins Picture Dictionary under the definition of ‘chaos‘: complete confusion and disorder : a state in which behavior and events are not controlled by anything. To be fair, South Australia’s power supply is ‘controlled’ ……  ‘controlled’ by the vagaries of the weather, that is. Renewables alone a recipe […]

PM Hopes to Salvage LRET & Wind Industry by Reviving Renewables Slush Fund

**** In Australia, the fact that the Large-Scale RET was slashed once (from a 41,000 GWh annual target to 33,000GWh) guarantees that no commercial retailer will enter a long-term Power Purchase Agreement with a wind power outfit; and, accordingly, that no commercial banker will lend money for any new wind farms (see our post here). […]

Australia’s Wind Industry Under Siege: LRET Subsidy Set to be Slashed (Again)

**** Subsidy won’t generate target Australian Financial Review Ben Potter 10 March 2016 Less than a 10th of the wind and solar generation capacity required by the renewable energy target this decade is under construction, which could force the Turnbull government to renegotiate the controversial scheme with the opposition. Significant shortfalls under the cross-subsidy scheme […]