Tony’s Abbott’s war on renewables was meant to reduce electricity prices. But it has done the opposite—and a lot more.
Category: Australian Federal Government
Despite the Coalition talking down renewables, the Kodak moment has finally arrived.
Seawater Hydro could potentially help South Australia resolve its highly publicised energy problems.
It took a couple of tweets, and at least one one-hour long phone call, but it seems pretty clear that Tesla founder, CEO and billionaire Elon Musk has helped turn the debate around energy policy in Australia on its head.
CEFC says it working with SA government on finance package to support state’s 100MW battery storage project.
SA premier and federal energy minister go toe to toe at battery storage trial launch, in first meeting since Coalition started bagging state’s renewable plans.
Turnbull’s $2 billion pumped hydro scheme paves way for 100% renewable grid driven mostly by wind and solar, and kills any chance of more gas and coal fired generation. It also makes nuclear redundant and turns conversation away from “baseload” power concepts.
The costs of ‘climate-proofing’ are already stretching into the billions of dollars, and as any doctor can tell you, the longer we leave it, the worse the consequences will be.
Many are proposing the obvious, but wrong, solution to avoiding future price hikes: develop more gas production resources. This path will fail.