*** 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 … Continue reading Finkel’s Fantasyland: Report to ‘Save’ Australia’s Power Grid From Renewables Chaos a Death Sentence for Business
Tag: South Australia power prices
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 - … Continue reading Power Prices Rocket & Dunces Dither as Australia’s Energy Crisis Deepens
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 … Continue reading Businesses Belted by Australia’s Renewable Energy Target: Power Prices Spiral Out of Control
South Australia’s Wind Power Debacle Destroying Jobs: Unemployment Rockets (Again)
*** The principles of economics are not hard, nor are they a mystery. Jobs require viable businesses, viable businesses require cheap and reliable electricity. Deprive businesses of cheap and reliable power and those businesses will very soon cease to exist. Those truisms, however, continue to fall on deaf ears in Australia's so-called 'wind power capital', … Continue reading South Australia’s Wind Power Debacle Destroying Jobs: Unemployment Rockets (Again)
Former PM – John Howard Calls Australia’s Renewables Policy a ‘National Scandal’
*** John Howard was seen by many as the underdog of Australian conservative politics, who took more than two decades as a Federal MP to reach the position of Prime Minister, the victim of bitter internal political wrangling and intrigue within the Liberal Party. After he was deposed as Liberal opposition leader by Andrew Peacock … Continue reading Former PM – John Howard Calls Australia’s Renewables Policy a ‘National Scandal’
South Australia’s Wind Power Crisis Continues: Gas Generators Forced to Fire Up to Prevent Another Statewide Blackout
*** South Australians wake up to a nightmare every day. Its hapless Labor government’s obsession with wind power has destroyed the reliability of its electricity grid and sent power prices through the roof. Here’s why. SA power: Gas generators ordered on as South Australia’s wind production peaked ABC News Nick Harmsen 26 April 2017 The … Continue reading South Australia’s Wind Power Crisis Continues: Gas Generators Forced to Fire Up to Prevent Another Statewide Blackout
Subsidised Suicide: Wind Power Delivers Nothing But Rocketing Power Prices & Blackouts
*** In this pair of pearlers, James Delingpole spans the globe: firstly detailing the growing and staggering cost of subsidised wind power in Britain; and then turning his attention Downunder to the disaster that is Australia's wind power capital, South Australia. Post-Brexit Britain Wants To Escape Its EU Renewables Targets. About Time Too Breitbart James … Continue reading Subsidised Suicide: Wind Power Delivers Nothing But Rocketing Power Prices & Blackouts
Aboriginal Leader, Warren Mundine Demands End to the Madness: Australia’s Renewable Policy Punishing the Poorest & Most Vulnerable
A few weeks back we reported on a very timely call by an Australian Aboriginal leader, Warren Mundine for Australians to grow up and go Nuclear. Warren isn't about to let up. Clearly worried about the miserable future being laid out for the poorest and most vulnerable Australians, Warren is, quite rightly, demanding an end … Continue reading Aboriginal Leader, Warren Mundine Demands End to the Madness: Australia’s Renewable Policy Punishing the Poorest & Most Vulnerable
SA’s Wind Farms Guilty: 28 September ‘Black System’ Caused by Wind Power Output Collapse
*** Whichever way you slice it (and it's been cut from every possibly exculpatory angle), South Australia's infamous Statewide blackout on 28 September 2016 was due to the inability of its 18 wind farms to tough out a typically vigorous spring storm front. Where conventional generators have no difficulty chugging away in bad weather, 'systems' … Continue reading SA’s Wind Farms Guilty: 28 September ‘Black System’ Caused by Wind Power Output Collapse
Australia’s Self-Inflicted Energy Crisis: Renewable Policies a Crime Against the People
Robert Gottliebsen is an economics columnist with The Australian, who has recently weighed into Australia's unfolding renewables driven energy calamity. Late to realise the cost and consequences of Australia's suicidal renewable policies, Gottliebsen is gobsmacked at what can properly be described as a crime against the Australian people. Energy crisis: time to invest in emergency … Continue reading Australia’s Self-Inflicted Energy Crisis: Renewable Policies a Crime Against the People
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