An obsession with chaotically intermittent wind and solar has sent Victorian power prices through the roof: a 16% increase in 2018 follows a 12% increase the year before that.
Given its Labor government’s push for a 50% RET, Victorians will soon catch up with their neighbours in Australia’s wind and solar capital, South Australia – the place that suffers the world’s highest power prices.
The relationship between heavily subsidised and inherently unreliable wind and solar and spiralling power prices is pretty clear: see above the graphic from Dr Michael Crawford.
Making it evident that ‘green’ energy virtue signalling is a rich man’s sport, RE zealots still trumpet the purportedly ‘inevitable’ transition to an all wind and sun powered future: to hell with the cost, and to hell with those who can no longer afford electricity.
With power prices rocketing out of control, no end in sight, there are already
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