South Australia has earned the unenviable title of Australia’s ‘Wind Power Capital’.
For its sins it has seen power prices rocket (the forward price, at $90 per MWh is more than double its neighbour Victoria’s) and unemployment with it: worse is yet to come, on both scores. Then there’s the grid instability and state-wide blackouts that come with routine, total and totally unpredictable wind power output collapses (see above).
SA’s few remaining heavy industries – such as Whyalla’s Arrium Steel Smelter and Port Pirie’s Nyrstar Smelter – are terminal, and begging for taxpayer bail-outs.
It’s already an economic basket case, dependent on Federal Government subsidies to build submarines and other naval vessels. By reference to its ham-fisted economic management, the choice made by its Labor government to throw all to the wind probably seemed like a clever one, back in 2002.
But, economics has a mean way…
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Utopia, you are standing in it! 
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