Renewable Energy Armageddon: Australia’s Self-Inflicted Power Pricing & Supply Calamity

[IsailedawayfromFR]

Chaotically intermittent and heavily subsidised wind and solar are at the heart of Australia’s power pricing and supply calamity.

Like a runaway train, the disaster is unfolding before the passengers’ very eyes, with state and federal politicians apparently incapable of bringing the disaster to a halt and ever-present rent seekers throwing the throttle wide open.

Power prices are rocketing out of control, especially in those states chasing substantial Renewable Energy Targets.

Australia’s wind and solar capital, South Australia (with a 50% RET) suffers the world’s highest power prices – in the financial year just ended, its wholesale power prices jumped another 12%, with further hikes in retail prices expected to match that.

Neighbouring Victoria – presently embarked on the same suicidal path with a mass rollout of wind and solar power and chasing its own 50% RET – saw its wholesale power prices jump a whopping 19% in 12 months. Here’s the news: for Victorians the worst is yet to come.

Collapses in wind and solar output (think sunset on a dead-calm 42°C day) this coming summer during heatwave demand peaks will result in mass load shedding (aka “demand management” – a term usually synonymous with the Third World); at least when the grid manager has control of the situation. When the grid manager loses control, it’s called a “mass blackout”, a phenomenon for which wind and solar ‘powered’ South Australia is now world-renowned.
https://stopthesethings.com/2019/09/15/renewable-energy-armageddon-australias-self-inflicted-power-pricing-supply-calamity/

Unbelievable misuse of its natural resources.  Exports huge quantities of cheap natural gas yet uses expensive renewables for its own energy needs?

Madness.

[Joe Wooten]

Unbelievable misuse of its natural resources.  Exports huge quantities of cheap natural gas yet uses expensive renewables for its own energy needs?

Madness.

Complete madness.

But sadly, very typical of the "elites" who are running almost every western government these days, even if the political leadership is not insane, the bureaucracies that do thee day-to-day management of government activities are almost totally infested with these idiots.

[Smokin Joe]

Complete madness.

But sadly, very typical of the "elites" who are running almost every western government these days, even if the political leadership is not insane, the bureaucracies that do thee day-to-day management of government activities are almost totally infested with these idiots.

Relax, it's only for another 10-12 years, anyway....

[Joe Wooten]

Relax, it's only for another 10-12 years, anyway....

How silly of me, I forgot we are all doomed......Time to party then

[Smokin Joe]

How silly of me, I forgot we are all doomed......Time to party then