Australians once enjoyed the cheapest and most reliable power in the world; now they suffer the world’s highest prices and they’re lucky to get power, at all.
Throwing billions at weather-dependent wind and sunshine dependent solar has had the inevitable consequence of destroying both the reliability and affordability electricity, in a country blessed with vast coal, gas and uranium resources. It’s almost as if an alien enemy had been working the controls.
However, there’s nothing surreptitious about the design or the perpetrators: Australia’s energy marketing bodies and the lunatics that now head them make no secret of their delusional obsession with chaotically intermittent and interminably subsidised wind and solar.
Alan Moran takes a look at the so-called Energy ‘Security’ Board and its mission to guarantee rocketing prices and, ultimately, a total power grid collapse.
Yes, the energy system is broken – but because of ministers, bureaucrats and regulators rush to…
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