Wind Industry Salvage Mission: Turnbull Government Set to Squander $10 billion on Snowy 2.0 Pumped Hydro BoondogglePosted: January 10, 2018
WHEN weak, feckless politicians have nothing else to sell you other than virtue-signalling climate madness in the form of energy-defunct symbolism…
The patrician and aloof Malcolm Turnbull continues as a parody of a PM. At a point when most political leaders would be reacting to the wholesale destruction of businesses and whole industries (along with tens of thousands of meaningful jobs) caused by spiralling power costs, Turnbull literally headed for the hills to pump his Snowy 2.0 scheme (yet again).
Touted by Turnbull and his hapless sidekick, Josh Frydenberg as the Nation’s mega-battery, the heavily-hyped pumped hydro scheme (shelved in the 1970s because it was uneconomic then) has been heralded as the saviour for the Australian wind industry.
The line goes something like this: if we use 3 MWh of wind power to pump water through 27 km of tunnels, over an elevation of 900m, later, when power consumers actually need it, Snowy Hydro could return 2 MWh to the grid.
Never mind squandering 1/3…
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