Retailers’ Call for ‘Emissions Intensity Scheme’ Signals End for Australia’s Renewable Energy Target

Willing to be accused of stating the bleeding obvious, electricity retailers aren’t in the business of not selling power; they’re in the business of selling power, at a profitable margin, to as many customers as possible. Power retailers in Australia have just come to the horrifying realisation that, with rocketing power prices and an increasingly […]

Wind Industry Still Wailing About ‘Uncertainty’ as Construction Finance ‘Drought’ Hits

Wind power outfits have now cottoned on to the fact (slow learners that they are) that Australia’s big power retailers have turned their backs on the wind to face the Sun, instead. The former second-hand car salesmen that front the wind industry are still coming to grips with the recalcitrance of commercial retailers (we don’t […]

Let the Sun Shine In: Australia’s BIGGEST Power Retailer Determined to Kill Wind Power

**** STT has been pointing out for sometime now, the fact that Australia’s big 3 power retailers have been refusing to ‘play ball’ with beleaguered wind power cowboys, like near-bankrupt, Infigen and the union super fund backed disaster, Pacific Hydro. Commercial retailers have not entered any power purchase agreements with wind power outfits, since about […]

Wind Industry Still Wailing About ‘Uncertainty’ as Australian Retailers Continue to Reject Wind Power ‘Deals’

[Could it be something about the ‘product’, maybe?] Back in February this year, STT covered the unassailable fact that Australia’s Large-Scale Renewable Energy Target (LRET) – then set at a colossal 41,000 GWh – was completely unsustainable on every level – economic, political and social: LRET “Stealth Tax” to Cost Australian Power Punters $30 BILLION […]

Origin’s Grant King Spells Out the Inevitable Demise of the LRET & the Wind Industry

**** In last night’s post we took a look at China’s wind power debacle, where grid operators are refusing to hook up wind farms to the grid – due the uneconomic cost of doing so in remote locations – with the result that more than 20% of its wind power capacity sits idle – and […]

Wind Industry Armageddon: Power Retailers Win Round One in Battle to Kill LRET

**** As STT has pointed out, just once or twice, the policy debacle that is the Large-Scale Renewable Energy Target (LRET) is completely unsustainable, on every level: economic, social and political. In the absence of the mandated subsidies (“the carrot”) directed to wind power outfits, and the mandated penalties (“the stick”) whacked on retailers under […]

Ian Macfarlane, Greg Hunt & Australia’s Wind Power Debacle: is it Dumb and Dumber 2, or Liar Liar?

  Australia’s Energy Minister, Ian “Macca” Macfarlane and his youthful ward, Environment Minister, Greg Hunt are the flies in the Coalition’s political ointment, when it comes to engineering anything like a sensible policy on energy. Both Macfarlane’s and Hunt’s offices are filled with wind industry plants and stooges, like Hunt’s senior adviser, Patrick Gibbons. Patrick […]