Wind Power Chaos Promises to Deliver Mass Summer Blackouts Across Australia

The only businesses which are bouncing along in South Australia are those selling portable diesel generators, candles and LED headlamps. The sort of staple items you might find on a Doomsday Prepper’s list. However, in Australia’s so-called wind power capital, BYO and DIY power and lighting are everyday essentials. SA’s vapid Premier, Jay Weatherill pretends […]

Politics of Power: Federal Coalition Government Turns on Subsidised Renewables

*** Politics is a brutal business: no sooner is a politician or political party riding the crest of a wave, than they’re being smashed against jagged rocks and deluged by a roaring surf. As Australian politicians are fast learning, the politics of power is even more brutal still. Continually rocketing power prices is bad enough, […]

Power Price Punishment Spreads as More Retailers Add 20% to Australian Power Bills

*** STT called Alan Finkel’s report on Australia’s renewable energy debacle a mix of Lewis Carroll’s Through the Looking Glass and Goldilocks. As commentators chew through Finkel’s rubbery figures, it is apparent that our description was not just fair but accurate. New electricity reform details cut off promised $90 saving The Australian David Crowe 16 […]

Liberal Coalition Plan to Kill Wind Power Subsidies: Angus Taylor Lays Out Low-Cost CET

*** Never in the field of political conflict has so much been owed by so many to so few. So few, in fact, we can name him: Angus Taylor, Liberal Member for Hume. In a run of posts this week, STT will detail the fallout from Alan Finkel’s fantasyland review of Australia’s electricity market. In […]

Finkel’s Fantasyland: Report to ‘Save’ Australia’s Power Grid From Renewables Chaos a Death Sentence for Business

*** In yesterday’s post we described Alan Finkel’s report on Australia’s power market fiasco as a mixture of Lewis Carroll’s ‘Through the Looking-Glass’ – residing in a place where the fundamentals of physics and economics, logic and reason are playfully and permanently suspended – and Goldilocks – the story about an infantile quest to make sure […]

Power Prices Rocket & Dunces Dither as Australia’s Energy Crisis Deepens

Yesterday (Friday, 9 June), Alan Finkel released his long awaited report on Australia’s calamitous renewable energy policies, to sighs of despair and disappointment amongst those who actually understand how Australia’s electricity market works; or, rather, has been knowingly destroyed by massive subsidies to intermittent, unreliable, chaotic and expensive wind and solar power. Finkel’s report – […]

Businesses Belted by Australia’s Renewable Energy Target: Power Prices Spiral Out of Control

Australia’s Renewable Energy policy is an economic suicide pact, from which there is no escape. The result of that winning combination of greed, ignorance and downright stupidity, the Renewable Energy Target has destroyed businesses and is set to destroy whole industries. Manufacturers, miners and mineral processors are screaming blue murder as they watch once reliable […]