Australia’s renewable energy policy is already a disaster. But Labor’s Bill Shorten promises total catastrophe with his National 50% RET. In yesterday’s post, STT picked up on economic analysis put forward by Dr Brian Fisher, which provided a wake-up call to Australians. The economic cost of current so-called ‘climate and energy policy’ is in … Continue reading Labor’s 50% RET: Rocketing Power Prices Bring Guaranteed Economic Destruction
Tag: Why are power prices rising
Biggest Losers: Power Consumers Pay Insane Cost to Backup Intermittent Wind & Solar
Wind and solar collapses in SA and VIC on 24 and 25 January sent power prices into orbit, as conventional generators cashed in on the chaos. As wind and solar power output hit the floor, the spot price of power hit $14,500 per MWh. The additional cost to power consumers was in excess of $1,100,000,000 … Continue reading Biggest Losers: Power Consumers Pay Insane Cost to Backup Intermittent Wind & Solar
National Suicide: Australia’s Self-Inflicted Energy Crisis Driven by Wind & Solar Obsession
Australia’s energy policy reads like a National suicide note: power prices went from the lowest in the world to the highest, in little over a decade. Plotting the path to destruction is pretty easy: start by throwing $60 billion in subsidies at wind and large-scale solar, demonise cheap and reliable coal-fired power and put lunatics … Continue reading National Suicide: Australia’s Self-Inflicted Energy Crisis Driven by Wind & Solar Obsession
How Subsidised Wind & Solar Destroyed Australia’s Economic Competitiveness
Chaotically intermittent and heavily subsidised wind and solar have sent power prices soaring in Australia. Barely a generation ago, Australians enjoyed the lowest power prices in the world, now they suffer the highest. And it took a little over a decade - see above. In a helpful exposition of Australia’s self-inflicted power pricing and supply … Continue reading How Subsidised Wind & Solar Destroyed Australia’s Economic Competitiveness
Renewable Energy Meltdown: Heatwave Leaves Wind ‘Powered’ South Australians Sweltering In the Dark
If you’re relying on the weather for your power, prepare yourself to live without it: South Australians know the drill very well. In yesterday’s post, we focused on 25 January the day when Victorian wind power output struggled to produce 20% of its nameplate capacity, and 200,000 households struggled to survive without air-conditioning, or any … Continue reading Renewable Energy Meltdown: Heatwave Leaves Wind ‘Powered’ South Australians Sweltering In the Dark
Delusional NSW Energy Minister Claims Wind & Solar More Reliable Than Coal & Gas
Australia’s power pricing and supply calamity is down to greedy renewable energy rent seekers aided and abetted by pliant and gullible politicians. And, on the latter score, there’s none more so than the NSW Energy Minister, Don Harwin. Harwin, a sanctimonious windbag, is part of a small and insidious clique of Liberal politicians and lobbyists … Continue reading Delusional NSW Energy Minister Claims Wind & Solar More Reliable Than Coal & Gas
Sky’s The Limit: Wind & Solar ‘Powered’ South Australians Hit With (Another) 22% Price Hike
Attempting to rely on intermittent wind and solar is guaranteed to send power prices into orbit. Just ask a South Australian. Despite some desperate wind industry propaganda efforts suggesting that South Australians are currently enjoying 1970s power prices, Australia’s renewable energy capital still pays the world’s highest power prices – thanks to its ludicrous 50% Renewable Energy … Continue reading Sky’s The Limit: Wind & Solar ‘Powered’ South Australians Hit With (Another) 22% Price Hike
Scoundrel’s Paradise: Subsidised Wind & Solar The Greatest Scam on Earth
The only way of explaining the push for subsidised wind and solar is money. And when we say money, we mean hundreds of billions of dollars of other people’s money. In Australia alone, the Federal Government’s Large-Scale Renewable Energy Target will redirect over $60 billion in subsidies to wind and large-scale solar operators (all … Continue reading Scoundrel’s Paradise: Subsidised Wind & Solar The Greatest Scam on Earth
Labor’s Renewables Insanity Hits New High With Bill Shorten’s Million Battery Brain Fart
Despite the hype from RE zealots, the chaotic and occasional delivery of wind and solar won’t be cured with batteries, large or small. Sure, at a technical level, it is possible to store large volumes of electricity for a period, such that it might be released when power consumers need it. However, were such … Continue reading Labor’s Renewables Insanity Hits New High With Bill Shorten’s Million Battery Brain Fart
Labor Lunacy: Industry Wipeout Looms as Bill Shorten Doubles-down on Wind & Solar Insanity
Labor - aka the ‘Workers Party’ - is determined to destroy whole industries and thousands of jobs with a 50% RET and a giant ‘carbon’ tax. Australian industry has been a protected species since the Victorian gold rush in the 1850s, cosseted behind an insurmountable wall of tariffs and propped up with subsidies. As … Continue reading Labor Lunacy: Industry Wipeout Looms as Bill Shorten Doubles-down on Wind & Solar Insanity
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