Adding Intermittent Wind & Solar Guarantees Spiralling Power Prices: Just Ask South Australians

Australia’s Energy Minister, Josh Frydenberg reckons adding more wind and solar will cut power prices, like South Australia never happened. In his efforts to sell his National Energy Guarantee, Frydenberg and his coterie of ‘expert’ advisors have not only ignored reality, they’ve attempted to substitute it with their very own. Over the last decade, there […]

Descent Into Chaos: Australia’s Renewable Energy Policies Implode As Power Prices Rocket Out of Control

Blind panic doesn’t cover it: Australia’s energy crisis has MPs and rent-seekers running around like chooks with their heads cut off. Retail power prices (see above) have jumped anywhere between 20 and 28% in the last 12 months, in those states with major wind and solar capacity – adding to 13-20% increases, the previous year. Energy […]

Rent-Seeker’s Nirvana: Ultra-Rich Pocket $Billions in Wind & Solar Subsidies at Our Expense

The hundreds of $billions paid in subsidies to intermittent wind and solar constitute the largest wealth transfer in economic history. In Australia, the Federal Government’s Large-Scale RET gouges $60 billion from power consumers over the life of the scam, and redirects it to such worthy outfits as AGL and our favourite whipping boys, Infigen. In the […]

Subsidised Wind & Solar Driving Australian Power Prices Through the Roof

Power prices matter: and they matter most to society’s poorest and most vulnerable. In less than a dozen years, Australia went from enjoying the cheapest power in the world, to suffering the world’s most expensive. In the last three years power prices have risen at double-digit rates: 20 to 24% last year and 13 to […]

Power Politics: Rocketing Power Prices Demand Immediate End to Wind & Solar Subsidies

The causes of Australia’s self-inflicted renewable energy disaster are all political; and have nothing to do physics, engineering, the weather or some kind of fossil-fuelled conspiracy. The policies were deliberately designed to destroy Australia’s affordable and reliable power supplies. And, according to their purpose, they’ve done just that. Last week, the Australian Competition & Consumer […]

Wind & Solar Subsidies Caused Australia’s Power Crisis: Salvation Means Slashing Them Now

The adults have just taken control of Australia’s renewable energy debacle: the ACCC’s investigation into RE subsidies and power market gaming spells the end for subsidised wind and solar. As STT has pointed out on more than one occasion: when a policy is unsustainable it will either collapse under its own imponderable weight, or its […]

Only Solution to Australia’s Power Crisis: Cutting Subsidies to Intermittent Wind & Solar – Right Now

Fixing Australia’s power pricing and supply calamity means slashing subsidies to wind and solar: not in 2020, not in 2030, but right now. For the wayward and confused, it’s always important to remember that a straight line is the shortest, and often the safest, route home. Australia’s self-inflicted energy crisis started out with massive subsidies […]

Generators Game Power Market Around Wind & Solar Output Collapses: Spot Prices Routinely Hitting $14,000/MWh

Australia’s self-inflicted power crisis has reached the point of full-scale disaster, with only one way out: killing subsidies to wind and solar. Australia’s competition watchdog, the Australian Competition & Consumer Commission has finally said what politicians are either too timid or too witless to even think. The chaos that’s been caused in the National Energy […]

Competition Watchdog Slams Subsidised Wind & Solar: Demands Government Investment in Reliable & Affordable Coal-Fired Power

It was only a matter of time before Australia’s ruinous renewable energy policies imploded and implode they just did. Australia’s power pricing and supply calamity is the inevitable consequence of the so-called ‘transition’ to nature’s wonder fuels. And yet the wind and sun cult and renewable energy rent seekers continue to behave as if the […]