Renewables Rent-Seekers Panic as Wind Power Operators Forced to Pay Back-Up Costs

If there is one thing that renewables-rent-seekers dread more than calm and cloudy weather, it has to be uncertainty. Always keen to preach about how cheap wind power has become, but always reticent to release their grip on the subsidy teat, the wind industry, its parasites and spruikers are now in a flat panic after […]

REC Price Surge Signals Doom for Australia’s Renewable Target & its Wind Industry

When a policy is unsustainable its failure is inevitable: Australia’s Large-Scale Renewable Energy Target is just such a policy. STT has been spelling it out since December 2012. It was around then, when Australia’s commercial power retailers determined that there was no bankable certainty attached to the LRET; since then, no commercial retailer has entered […]

Labor to Throw $200bn to the Wind: Electricity Bill Shorten’s Economic Suicide Pact Unpacked

**** In the cutting British satire, Extras, the hapless Andy Millman (Ricky Gervais) is always foiled by his gormless but lovable side-kick, Maggie Jacobs (Ashley Jensen). Maggie, when she’s not inadvertently ruining Andy’s romantic hopes and/or acting career prospects, poses puzzling rhetoricals such as “would you rather be trampled by elephants or eaten by lions?” […]

Australian Wind Industry Hits the Wall: Claiming “Uncertainty” the Big KILLER

**** Clean energy spending plunges on RET uncertainty The Australian Sarah-Jane Tasker 13 January 2015 NEW clean energy investment in Australia has dropped to its lowest level since 2009, falling 35 per cent to $4.6 billion, driven by un­certainty over the renewable energy target. A severe downturn in large-scale asset financing helped push the figure […]