The Great Divide: Economy on the Brink – Australia’s Biggest Steel Manufacturer Set to Suffer 93% Increase in Power Costs

Energy firms gaming system: BlueScope Steel boss The Australian Matt Chambers 12 October 2017 BlueScope Steel chief executive Paul O’Malley says power prices will rise under a clean energy target if baseload sources such as NSW’s Liddell coal-fired power station close, and that a more urgent 10-year baseload transition plan is needed. Mr O’Malley, whose […]

South Australians Locked in Wind Power Price Disaster: Retail Prices Jump Another 12%

*** South Australia is an economic basket case, thanks, in no small part, to its obsession with wind power. Power prices are spiralling out of control. Back in March SA’s businesses were belted with a 90% hike in their bills, that left manufacturers, miners and other power hungry businesses reeling: Wind Power Costs Crushing South […]