Engineers warn of bill shock under green energy surge
September 5, 2018
tags: Australia
By Paul Homewood
05 Sep, 2018,
Summary: Electricity bills will soar and gas and coal-fired power stations will close if the share of wind and solar generation increases dramatÂically, engineers have warned after analysing the nation’s Âenergy supply…..
The analysis casts doubt on Labor’s claim that a 50 per cent renewable energy target — the centrepiece of the opposition’s climate change policy — would reduce electricity prices.
It found bills were likely to soar 84 per cent, or about $1400 a year, for the typical household, if wind and solar power supplied 55 per cent of the national electricity market.
https://notalotofpeopleknowthat.wordpress.com/2018/09/05/engineers-warn-of-bill-shock-under-green-energy-surge/
