Chaotic & Costly: Subsidised Wind Power Killing South Australian Business

STOP THESE THINGS

olympic dam

BHP being battered by SA’s wind power obsession.

***

As an economy, South Australia is so far under water it’s drowning, not waving.

Battered by an erratic power supply and prices which have doubled in the last 12 months, South Australia’s few remaining industrial businesses are besides themselves.

Power policies a threat to nation: business chiefs
The Australian
Matt Chambers and Andrew White
23 February 2017

The heads of some of the nation’s biggest companies have blasted the chaotic state of the power grid, saying renewables targets need to be curbed and baseload power ­developed to prevent job losses.

BHP Billiton chief executive Andrew Mackenzie, who took a $US105 million ($137m) cost hit at the Olympic Dam copper and uranium mine in South Australia after recent blackouts, says ­renewable energy schemes could raise costs and reduce power ­security while having no impact on emissions.

The head of the world’s biggest…

View original post 1,192 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s