Attempting to rely on intermittent wind and solar is guaranteed to send power prices into orbit. Just ask a South Australian.
Despite some desperate wind industry propaganda efforts suggesting that South Australians are currently enjoying 1970s power prices, Australia’s renewable energy capital still pays the world’s highest power prices – thanks to its ludicrous 50% Renewable Energy Target.
SA’s 50% RET was the product of an unhinged state Labor government; its Federal counterpart wants to bring the South Australian ‘experience’ to every other state in the Commonwealth, with a 50% RET to be enforced nationwide.
The promise has long been that if we roll-out millions more solar panels and thousands more of these things – coupled up with mythical mega-batteries – power prices must surely plummet. Except, reality has bitten – once again – in Australia’s wind and solar capital.
Which makes it pretty hard for wind and sun worshippers to avoid the bleeding obvious. Here it is.
Attempting to rely on intermittent wind and solar is guaranteed to send power prices into orbit. Just ask a South Australian.
Despite some desperate wind industry propaganda efforts suggesting that South Australians are currently enjoying 1970s power prices, Australia’s renewable energy capital still pays the world’s highest power prices – thanks to its ludicrous 50% Renewable Energy Target.
SA’s 50% RET was the product of an unhinged state Labor government; its Federal counterpart wants to bring the South Australian ‘experience’ to every other state in the Commonwealth, with a 50% RET to be enforced nationwide.
The promise has long been that if we roll-out millions more solar panels and thousands more of these things – coupled up with mythical mega-batteries – power prices must surely plummet. Except, reality has bitten – once again – in Australia’s wind and solar capital.
Which makes it pretty hard for wind and sun worshippers…
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ajmarciniak 