Spent $1.5 billion on an interconnector to get a tiny cut in obscenely inflated electricity bills!

What costs $1,500m, makes no electricity, but “saves money”?

South Australia has used federal subsidies to build more wind power than it can use. They’ve spent half a billion already on diesel powered jet engines and a  battery that can power the state for “minutes”. For 139 hours last year the state produced so much wind power it supplied 100% of the states electricity needs and then some, and the problem of excess electricity is only getting worse as wind generation keeps increasing and solar PV uptake is rampant.

When government rules and regs have created an inefficient, expensive problem, what do we do? More of it. A new report suggests that South Australia needs a direct transmission line to NSW which will cost $1.5b. We could spend that on a reliable generator instead, or get the government out of the way and let the private sector do it for us, but instead we need to pay for another transmission line to connect up different zones-of-subsidy-rent seekers and hope we get $30 off the bill? It’s a savings in the statistic margin of error…

South Australia didn’t even have an interconnector til 1990. Now with decentralized power they need two?

[…]

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June 29, 2018 at 01:21PM

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