In another, ‘we told you so’ moment, retail power prices in Australia will jump by 20% to 30% in June, following annual, double-digit increases every year, for the best part of a decade (see above). $60 billion in subsidies (so far) to chaotically intermittent wind and solar was designed to wreck our conventional coal-fired power … Continue reading Australians Pay Colossal Price For Wind & Solar ‘Transition’: Power Prices Jump 25-30%
Tag: Victoria power prices
Breakout the Candles: Chaotic Wind & Solar Mean More Mass Summertime Blackouts
The chaotic delivery of wind and solar has left Australia’s Eastern Grid on the brink of collapse. The Eastern Grid connects Queensland, New South Wales, the ACT, Victoria, Tasmania and South Australia. Reliable coal-fired generators have been knocked out of the game, made uneconomic thanks to renewable energy policies that direct more than $3 billion a … Continue reading Breakout the Candles: Chaotic Wind & Solar Mean More Mass Summertime Blackouts
Subsidised Wind & Solar Driving Out-of-Control Power Prices: Business Hit With 24% Hike
Australia’s energy policy has been hijacked by lunatics, whose persistent ignorance has left it with out-of-control power prices and a grid all set to collapse. Pinning your energy needs to the weather was never going to pan out all that well. Of the Australian states, South Australia set the benchmark for virtue signalling stupidity; establishing … Continue reading Subsidised Wind & Solar Driving Out-of-Control Power Prices: Business Hit With 24% Hike
State Sanctioned Theft: Australia’s Renewable Energy Subsidies a $60bn Wealth Transfer
Selling electricity is a complex caper, permitting a sharp and mercenary few to make out like bandits, at the expense of the gullible many. In Australia, the power market was hijacked around 20 years ago, with the creation of the National Electricity Market. Then the game changed entirely, as chaotic wind and solar were added … Continue reading State Sanctioned Theft: Australia’s Renewable Energy Subsidies a $60bn Wealth Transfer
Renewables Reckoning: Close Coal-Fired Power Plants & Watch Power Prices Rocket
Adding massively subsidised and chaotically delivered wind and solar to a power grid is guaranteed to send power prices through the roof (see above). Witness a little economic backwater called South Australia which - due to a maniacal obsession with sunshine and breezes - suffers the highest retail power prices in the world, routine load … Continue reading Renewables Reckoning: Close Coal-Fired Power Plants & Watch Power Prices Rocket
Coal-Fired Future: Australia’s Renewable Energy Debacle Puts Fossil Fuels Front & Centre
South Australia’s embattled power consumers determined to ditch Jay Weatherill’s Labor government and its maniacal 75% RET. While what follows is a whole lot less certain than outright immediate economic self-annihilation, South Australians aren’t out of the woods, just yet. Indeed, nothing much has really changed, at all. The weather is still the key determinant … Continue reading Coal-Fired Future: Australia’s Renewable Energy Debacle Puts Fossil Fuels Front & Centre
‘Green’ Energy Fail: How Ideology Destroyed Australia’s Once Cheap & Reliable Power Supply
Wrecking a power market and a power grid is a piece of cake: just add massively subsidised, unreliable and intermittent wind and solar. Ontario, Denmark and Germany provide pertinent examples. But there’s none better than Australia, particularly because it’s blessed with abundant coal, gas and uranium reserves, the envy of the World. Hijacked by renewables … Continue reading ‘Green’ Energy Fail: How Ideology Destroyed Australia’s Once Cheap & Reliable Power Supply
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