Europe’s ‘green’ energy transition has turned into high farce, with wind power output collapsing across the continent. The wind Gods are clearly angry. Britain and Germany have been in the doldrums for weeks; the gas needed to plug the gaps is in short supply, with the price of both gas and electricity, skyrocketing. The power market is nothing short of perfect pandemonium.
A while back, Boris Johnson – promoting his push for an all wind powered future – claimed that “it’s easy being green”. Now, at the mercy of the wind Gods, his grid managers are in a constant state of dread and panic, waiting for the moment when the entire UK power grid collapses into a full ‘system black’.
And Boris’ concept of “being green”, apparently includes firing up old coal-fired power plants, as the only reliable generation system, in town.
However, as The Australian’s Economics Editor, Judith Sloan…
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