The erratic and occasional delivery of wind and solar has sent wholesale power prices into orbit and major energy users are simply being chopped from the grid when wind and/or solar output hits the floor. Consumers have just been hit with retail power bills which are between 20 and 30% higher than the same time last year. And this is just the beginning.
Australia’s power pricing and supply calamity is the product of policies deliberately designed to wreck reliable and affordable power supplies. Massive and seemingly endless subsidies to chaotically intermittent wind and solar have done what they were designed to do: drive the owners of reliable coal-fired power generators to the wall, by allowing wind and solar generators to occasionally deliver power to the market ahead of the cheap and reliable stuff.
It’s a calamity to be sure, but you wouldn’t know it if you believed…
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