**** SA’s favourite Greek, Senator Nick Xenophon has teamed up with Frontier Economics’ Danny Price to absolutely hammer the ludicrous plan to spear 197 giant fans into SA’s agricultural Heartland on Yorke Peninsula. While we noted yesterday that the chances that the Ceres project will ever be built are slimmer than a German supermodel – … Continue reading Nick Xenophon slams “reckless” CERES Project as an “economic kick in the guts” for SA
Tag: SA power prices
Why South Australians Pay the World’s Highest Power Prices
**** South Australia is "blessed" with energy market gurus like Labor's Mark Butler - who loves giant fans and is currently fighting a rear-guard action to save the RET (or, more to the point, the huge wind farm investments held by Union Super funds run by his mates, like Greg Combet and Gary Weaven). His … Continue reading Why South Australians Pay the World’s Highest Power Prices
Keith De Lacy: “New” Labor – Out to Punish the Poor & Get Rich
*** A few posts back we looked at how South Australia went from economic zero to economic hero during the 1950s and 1960s - with the help of a pragmatic Adelaide Hills farmer, Sir Tom Playford. Tom created a manufacturing and industrial investment paradise - principally by making cheap and reliable power available through the … Continue reading Keith De Lacy: “New” Labor – Out to Punish the Poor & Get Rich
Not content with RORTING the power market – AGL is bullying punters who can’t pay
In our last post we had a look at how pandas have taken an interest in power prices in South Australia. SA’s well on the path to power-price-perdition – thanks to its heavy “reliance” on intermittent, unreliable and insanely expensive wind power. Now – energy market gorilla, AGL - has taken to bullying their customers … Continue reading Not content with RORTING the power market – AGL is bullying punters who can’t pay
Wang Wang and Funi to the rescue
South Australians have - since 1 July this year - been paying the highest power prices in the world. And it seems that SA’s power-price-punishment has troubled a crowd called “WWF” – here’s a link to their site. **** This group - not renowned for knowledge of Australia's energy market - is apparently headed up … Continue reading Wang Wang and Funi to the rescue
It’s never too late to wake up
In the third and final in this series - The Advertiser calls for an inquiry into the greatest economic fraud of all time. Time for an inquiry into power prices The Advertiser 12 July 2013 CONSUMERS’ expectations are quite simple, really - when they flick the switch the lights should come on, and they shouldn’t … Continue reading It’s never too late to wake up
Matt Warren lets a couple slip past
Keeping wicket takes a keen eye and cool nerves. Read on as Matthew Warren, CEO of the Energy Supply Association of Australia fails on both counts. In having a crack at Bruce Dinham – the former ETSA boss we reported on in our last post – Matt takes his eye off the ball and lets … Continue reading Matt Warren lets a couple slip past
The Great Watt and Pole Swindle
**** To put you in the mood for some truly "shocking" news - you'd best view this first. Now, while that clearly wasn't the CEO of AGL telling it like it is - it could have been "the message" yesterday (3.6.13) - when South Australia was paying a diabolical $12,199.20/MWh for nothing more than an hour's … Continue reading The Great Watt and Pole Swindle