New Report: Renewables indirectly make electricity MORE expensive, so ABC tells Australia the opposite

One big government agency quietly admits renewables make electricity more expensive, and another big gov media agency hides it

The new AMEC report tells us renewables will make electricity prices go down a tiny 2% in the short run but make electricity more expensive in the long run due to forcing out cheap baseload players. What matters most to Australians — that we can expect our electricity costs to be 2% less than “obscene” for the next couple of years, or that the artificial transition we are forcing on the grid will indirectly make electricity more expensive?

So which message does the ABC headline?

Renewables set to drive down power prices, new AEMC analysis shows

The ABC is essentially a taxpayer funded advertising machine for the renewables industry.

A flood of new renewable energy projects is likely to drive down household electricity bills, according to new analysis by government policy adviser the Australian Energy Market Commission (AEMC).

On a national basis, household bills are set to fall by 2.1 per cent — but price falls in the eastern states and South Australia are offset by increases in Western Australia, the Northern Territory and the ACT.

There’s […]

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via JoNova

http://bit.ly/2BBRWyg

December 23, 2018 at 09:57PM

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