No Road Back: Obsession with Intermittent Renewables Causes Monster Power Price Surge

  Thanks to coal-fired power, Australia once enjoyed the world’s most reliable and affordable power supply. Not anymore. An obsession with wind and solar – expressed in the form of $70 billion in subsidies, $billions more in government underwritten soft-loans and mandated targets, backed up with punitive fines has sent power prices into orbit. The … Continue reading No Road Back: Obsession with Intermittent Renewables Causes Monster Power Price Surge

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May 12, 2019 at 02:36AM

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