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Author Topic: Renewables will need subsidies until we get rid of coal says government — “Another ten years”  (Read 79 times)

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Offline rangerrebew

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Renewables will need subsidies until we get rid of coal says government — “Another ten years”
« on: October 15, 2025, 11:54:49 am »
Renewables will need subsidies until we get rid of coal says government — “Another ten years”
Solar panel money pile
…

By Jo Nova

At the top of the Magic Faraway Tree, the cheapest form of energy needs more subsidies. Just keep pouring the money…
The Australian Energy Market Commission (AEMC) has finally quietly admitted that they’ve given up on wind and solar power becoming cheaper than coal. Instead, renewables are so uncompetitive they will need another ten years of subsidies, or however long it takes until the last coal plant shuts off.

It’s so revealing. Once upon a time they might have thought (or at least pretended) that subsidies were there to get the unreliable generators ‘over the development hump’ so they could compete in a free market. But after 20 years of subsidies, there are no new economies of scale left to wait for. We got to the bottom of the cost efficiency curve and we’re going up the other side. Costs are now rising as the new projects have to go to far flung fields and wait for impossible transmission towers to appear. Windmills kept getting bigger until there was a nasty surprise in the maintenance bills that wiped 36% off Siemens shares in a single day.

AEMC opine about getting back to a free market once the coal plants are forced off the grid by the Big Government subsidies. They might as well be telling the world that wind and solar will never be as cheap as coal is.

How could the new unfree market, post coal, possibly be cheaper than the old one?

https://joannenova.com.au/2025/10/renewables-will-need-subsidies-until-we-get-rid-of-coal-says-government-another-ten-years/
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Offline DefiantMassRINO

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Re: Renewables will need subsidies until we get rid of coal says government — “Another ten years”
« Reply #1 on: October 15, 2025, 12:01:14 pm »
It's economic insanity and suicide to misdirect limited public funds towards propping up more expensive and less efficient supplies of energy, just to appease elitist dweebs who can afford the higher energy bills.

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Offline Fishrrman

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Re: Renewables will need subsidies until we get rid of coal says government — “Another ten years”
« Reply #2 on: October 15, 2025, 06:28:11 pm »
Subsidies or not...
... when the coal plants are closed down, the grids will collapse.

"Renewables" notwithstanding.
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