Electricity Prices Double In S Australia & Victoria

[rangerrebew]

Electricity Prices Double In S Australia & Victoria
January 30, 2018
tags: Australia

By Paul Homewood


Australians are paying the cost of their politicians’ obsession with renewables.


Average wholesale energy prices in Victoria and South Australia have more than doubled since this time last year, as experts warn that blackouts and supply issues are likely to increase as state governments chase ­aggressive ­renewable energy ­targets.

More than 2000 Victorian households remained without power yesterday after two days of heat triggered equipment failures and blackouts, opening up distributors to compensation claims.

https://notalotofpeopleknowthat.wordpress.com/2018/01/30/electricity-prices-double-in-s-australia-victoria/

[Oceander]

That’s insane.

[IsailedawayfromFR]

Meanwhile, here comes Elon to save the day.

http://www.gopbriefingroom.com/index.php/topic,300682.msg1583389.html#msg1583389