Wind Industry Salvage Mission: Turnbull Government Set to Squander $10 billion on Snowy 2.0 Pumped Hydro Boondoggle

  The patrician and aloof Malcolm Turnbull continues as a parody of a PM. At a point when most political leaders would be reacting to the wholesale destruction of businesses and whole industries (along with tens of thousands of meaningful jobs) caused by spiralling power costs, Turnbull literally headed for the hills to pump his […]

Australian Wind Power Forecast: 75% Chance of More Blackouts Next Summer

*** When your power supply depends on the weather, it somehow seems fitting that the chances of having power should be forecast in much the same way. Robert Gottliebsen is a finance and economics columnist with The Australian who has been out and about, talking to engineers about Australia’s energy crisis; and seeking to fine […]

Snowy Pumped Hydro Scheme Set to Drain ‘Green’ Slush Funds & Starve the Wind Industry of Finance

*** Malcolm Turnbull’s Snowy 2.0 pumped hydro plan has set nerves on edge among the wind industry, its parasites and spruikers and ruffled feathers among Labor politicians and their mates who have wedded their own financial futures to wind. Likely to cost in the order of $7-8 billion, Snowy 2.0 is set to starve the […]

How Political Lunacy Sabotaged Australia’s Once Reliable & Affordable Power Suply

If what Australia’s political brains trust has done to its once reliable and affordable power supply had been done by external agents, it would have been branded an act of terrorism. The so-called ‘wind power capital’ of Australia, South Australia has become an international laughing stock: statewide blackouts, routine load shedding and rocketing power prices […]

Energy Disaster Spells the End for Australia’s Renewable Energy Target

It happened in the blink of an eye: Australia went from energy heavyweight to a country in crisis looking for the equivalent of life support. Since STT got going in December 2012, we have drifted from frustration to despair and back waiting and hoping for mainstream journalists to recognise the existential threat posed by Australia’s […]

Turnbull Plays ‘The Man from Snowy River’ in Uncosted Pumped Hydro Plan

Hardly renowned for his political masterstrokes, Malcolm Turnbull has just drenched the opposition with his Snowy 2.0 plan. The Snowy Hydro Scheme is – without doubt – the single greatest renewable energy project ever built in Australia – with a mammoth 3,950 MW of capacity, which is available on-demand (unlike the infantile nonsense that is wind […]