‘Renewables Are Cheap’ Myth Busted: Full Cost of Wind & Solar Simply Staggering

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Fans of expensive, unreliable, part-time electricity that has to be replaced at short (or no) notice by other power sources should look away now.

STOP THESE THINGS

South Australia is renowned as a renewable energy ‘superpower’: by some strange coincidence, it’s also renowned for having the highest retail power prices in the world.

Wind and sun worshippers keep telling us that by plugging into nature’s wonder fuels we’ll soon enjoy power at 1970s prices. Except that that mantra is part myth and part fantasy and, wherever you find endless seas of solar panels and windmills, power prices just keep on rocketing. In SA, wholesale power prices doubled in just 12 months:

Comparing 2016 (red) and 2017 (blue) average
wholesale prices of electricity ($per MWh) by state

For power punters battered with crippling bills, predictions don’t count for much. But still renewables rent seekers keep pumping the line that, one day soon, power prices will plummet. Here’s Donn Dears spelling out precisely why they won’t.

EIA Energy Forecasts Part 1
Power for USA
Dnn Dears
6 March 2018

View original post 1,027 more words

via Tallbloke’s Talkshop

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April 1, 2018 at 04:12AM

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