Australian Summer Forecast: More Blackouts & Rocketing Power Prices

STOP THESE THINGS

Australia’s decade-long dalliance with sunshine and breezes is about to get really, really serious.

South Australia’s reputation as both Australia’s wind power capital and the home of the highest power prices in the world, and mass load shedding and statewide blackouts is no coincidence.

The implicit purpose behind Australia’s Federal Large-Scale Renewable Energy Target is to promote wind and solar power at the expense of the cheap and reliable stuff.

The Federal LRET has been so ‘successful’, that South Australia is now the butt of international jokes. However, this Summer will find Victorians in the same predicament.

South Australia blew up its last coal-fired power plant this year (an early victim of the LRET) and the Federal Coalition stood idly by while Victoria allowed its 1,600 MW Hazelwood plant to close earlier this year – all to cheers from lunatics like Jay Weatherill and Daniel Andrews. Predictably, the wholesale price…

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