“Electricity prices have gone up in the last year because of the closure of the Hazelwood and Northern coal plants, which have been squeezed by subsidised wind and solar. As a result, supply has tightened thus forcing up wholesale prices.
It is richly ironic of course that the aforesaid renewables have benefitted very nicely as a consequence.”
Excellent summary of Australia’s totally idiot man-made electricity disaster…
By Paul Homewood
From ABC in Australia:
Electricity prices are set to fall across the country over the next two years, offsetting this year’s price increase.
- Electricity prices will start to fall from mid-2018
- Prices rose by 11 per cent this year
- AEMC warns of instability and blackouts if new systems are not managed efficiently
The Australian Energy Market Commission said the price drop will happen as variable wind and solar generation comes online, which is paid for by the Government’s Renewable Energy Target.
Nationally, prices rose almost 11 per cent this year, but with the extra supply from wind and solar, the commission predicts that will be offset by a 12 per cent fall over the following two years.
The AEMC’s annual report on price trends provides an overall picture of factors driving electricity prices for households in each state and territory.
AEMC chairman John…
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“People under 25 are the strongest supporters of renewable energy, though they worry more about job security. I suspect this is because a lot of them don’t pay energy bills.
“Despite the job losses, the factory closures and the painful cost of living price hikes, I suspect South Australians will continue to believe the green lies, they will keep chasing their impossible dream of a renewable future for a long time to come.”
AS long as Left-wing/socialist governments can borrow and use other peoples’ money for ideological “green” symbolism, the economic rot of unreliables – wind and solar power – fed by a collective climate change madness, will continue unchallenged, despite what the majority of people want over the eco-elites and the >25 year-old social justice warriors.
Insanity on stilts.
Guest essay by Eric Worrall
South Australians, the world’s renewable crash test dummies, have just overwhelmingly rated affordability and reliability of supply as more important than tackling climate change in an online survey – but they still want their green energy revolution.
Your Say survey finds South Australians rank power bills, supply over tackling climate change
Paul Starick, Sunday Mail (SA)
December 9, 2017 5:30pm
SOUTH Australians are abandoning support for tackling climate change by cutting carbon emissions in favour of demanding affordable and reliable electricity supply and developing a renewable energy industry.
In agenda-setting results on a cornerstone issue for the March state election, more than 3500 respondents overwhelmingly ranked affordability and reliability as the most important components of electricity supply in the Sunday Mail Your Say, SA survey.
Forging a renewable energy industry was also popular among respondents, demonstrating support for solar, wind and batteries.
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“Using taxes, subsidies, dictates and mandates to replace a full-time power producer like coal with up to five part-time power producers only makes sense in the part-time minds that inhabit Greentopia.”
AND, Like the old sailors say, “The wind is free, but everything else costs money”.
Viv Forbes on the problems with symbolic, novelty, “part time” energy sources…
Guest opinion by Viv Forbes
Solar power only works while the sun shines – it is part-time power.
Wind power only works when suitable winds blows – also part-time power.
Batteries only work when charged – part-time power again.
Hydro fails in droughts – more part-time power.
And using full-time power like natural gas to fill the inevitable supply gaps from part-time power forces backup gas to operate like part-time power.
Moreover, on sunny windy days, wind and solar generators spew out electricity at little extra cost. These erratic surges of part-time power drive electricity prices so low that even low-cost full-time producers like coal cannot operate profitably at those times. They are throttled back and forced to operate as yet another part-time power plant.
24/7 electricity users such as hospitals, trains, factories, refineries, fuel and water pumps, cash registers, infrastructure and mines cannot operate on part-time electricity.
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RET Driven Power Price Hike Bites: Cost of Australia’s Renewable Energy Madness Crushing Consumer ConfidencePosted: October 11, 2017
“The outlook isn’t encouraging either, with the full effect of higher energy bills yet to be felt,” said Capital Economics chief economist Paul Dales.”
FEAR NOT! The (inept) Turnbull Governments’ latest solution to Australia’s electricity crisis – to pay consumers for turning their AC off during summer for a $25 voucher – should save the day…and their government. Not!
More fake fixes to a fake catastrophe.
Stupidity on steroids.
Australian power consumers have just started opening their winter power bills, which are fully 20% higher than this time last year. By comparison, Australia’s underlying rate of inflation is around 1.5%.
The consequences for the economy, as a whole, are just starting to bite.
Restaurants, bars and retailers are copping it from both ends.
Business customers – often on retail power contracts with fixed prices for two or three years – are watching their power costs almost double, as they enter new contracts with prices fixed at the current rates.
And the customers who consume what these businesses hope to offer, have been forced to cut back on expenditure, simply to be in a position to pay their own rocketing power bills. Some might call it a vicious circle.
STT calls it a self-inflicted economic suicide.
Shoppers stay away as power costs bite
6 October 2017
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