“The most terrifying words in the English language are: I’m from the government and I’m here to help”. So said Ronald Reagan, the folksy and affable 40th President of the USA. And, so it’s been with energy policy in the USA, Australia, Europe and dozens of other places where lobbyists took control of politicians and politicians took control of the generation and distribution of electricity.
Once the exclusive preserve of engineers, the manner in which electricity was generated and delivered is now a matter for zealots driven by fervent ideology, rather than common sense and sound engineering practice.
The results have been diabolical: electricity grids in renewable energy ‘powerhouses’ Germany and South Australia are groaning and both have suffered mass load shedding and blackouts; and their power prices have rocketed out-of-control. All of which was perfectly predictable and, therefore, perfectly avoidable.
This coming Summer Australia’s Eastern Grid is odds-on…
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