The truth about the great wind power fraud
Following South Australia’s lead on wind and solar was never going to end well. The State that set and met its very own 50% RET is renowned for mass load shedding and Australia’s only statewide blackout. SA also suffers the world’s highest power prices. So, it should come as no surprise to Victorians that […]
An obsession with chaotically intermittent wind and solar has sent Victorian power prices through the roof: a 16% increase in 2018 follows a 12% increase the year before that. Given its Labor government’s push for a 50% RET, Victorians will soon catch up with their neighbours in Australia’s wind and solar capital, South Australia – […]
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 […]
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 […]
There’s something uncanny about the relationship between rocketing power prices and renewable energy: ask a German, Dane or South Australian. Despite some recent 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 Target. The subsidies […]
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 […]
It was only a matter of time before Australia’s ruinous renewable energy policies imploded and implode they just did. Australia’s power pricing and supply calamity is the inevitable consequence of the so-called ‘transition’ to nature’s wonder fuels. And yet the wind and sun cult and renewable energy rent seekers continue to behave as if the […]
There are good deals, there are bad deals and there are disastrous deals. For Australia the Paris Climate ‘deal’ is a monstrous disaster. The realisation that an energy superpower found itself enmeshed in what is – for all intents and purposes – an international suicide pact, has just hit home. The only justification (if it […]
Renewable energy rent-seekers hijacked the proposed National Energy Guarantee in order to ensure their subsidy-soaked futures. The reliability obligation – which would have guaranteed electricity to all power consumers during any worst-case scenario (eg, the height of summer when air-conditioners are running flat out and breathless weather means wind turbines are flat out producing anything […]
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 […]
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