Green genius: Pay $1,400 a year to NOT stop any storms
Finally, some veteran engineers checked the Labor Party 50% renewable plan and the AEMO “65% scenarios.”
Unlike others, their study that did not involve magical assumptions that the cost of renewables would dramatically fall.
Instead, they used “actual costs” and found the price of electricity will rise “84%” and cheap coal power will be forced out of business (just like what we also found here).
The engineers include Barry Murphy, former managing director and chairman of Caltex. Robert Barr, an electrical engineer and academic at the University of Wollongong. If only Kevin Rudd had asked them in 2007.
Engineers warn of bill shock under green energy surge
Adam Creighton, Economics Editor, The Australian
Electricity bills will soar and gas and coal-fired power stations will close if the share of wind and solar generation increases dramatically, engineers have warned after analyzing the nation’s energy supply.
It found bills were likely to soar 84 percent, or about $1,400 a year, for the typical household, if wind and solar power supplied 55 percent of the national electricity market.
A quarter of Australian rooftops have solar, and we need 40 times the current solar?
The AEMO forecast would require more than a 40-fold increase in the solar capacity and around a tripling of the number of wind turbines.
Not only is this pointless but it’s 25 times more expensive than it has to be
The Abbott “Direct Action” auctions cost taxpayers about $12-14 per ton of CO2 reduction. Yet Labor-Green-and-Turnbull continuously picks the wildly inefficient and expensive pro-renewables option.
So does the climate-change activist Audrey Zibelman who manages our AEMO. They all say they want to reduce CO2, yet they all chose to enrich the renewables vested interests instead.
Stupid or suspicious?
The AEMO scenario of 65 percent renewable energy by 2040 would reduce emissions at a cost of $365 a tonne of carbon dioxide, the study estimated. Replacing coal-fired power generation with nuclear power would reduce emissions by a far greater amount at an abatement cost of $27.50 a tonne. The Gillard government’s ill-fated carbon tax envisaged a tax of $29 a tonne. [Jo notes that the Gillard Labor carbon price ended up being $5310 per ton. ]
Follow the money.
Also this week: the PM, Scott Morrison, noted that Texans were allowed to explore for gas, unlike people in NSW and Victoria, and electricity prices were a “third lower” there.
PS: I was unable to find a copy of the actual report, can anyone else?
Read more at JoNova
“But the sun and the wind are free!”
It is unusual and refreshing to see a realistic study on the cost of using wind and solar power. I remember that in the Britain they were told that renewable energy would lower their power costs. Yet once implemented it has raised the costs to the point where many can not afford to adequately heat their homes.
The sun and wind may be free, but too many people don’t realize that so little energy is captured compared to the cost of the equipment that this form of energy is the most expensive in the world. One factor is the fossil fuel power plants that must be kept idling to instantly cut in when the sun doesn’t shine and the wind doesn’t blow.
For those that really believe in the climate change fraud, nuclear should be the way to go. It is much less expensive than wind and solar and it is on all of the time. Many oppose the nuclear option because their true motive is to force de-industrialization by making energy scarce and expensive.
We are entering a new phase where politicians are now going to pay a career ending political price for promoting a fraud and cranking up energy costs in a bizarre con-game of pretending to set the earth’s temperature .
The middle class is being hollowed out fast enough without stupid social engineering
from the planet has a fever con -men .
Governments have mismanaged the taxes collected and have an insatiable appetite for more but the jig is up …. quit wasting money and balance your books like regular people do or hit the road .
for new sources of cash but