3 ms·

And people said the LNP were fighting against renewable energy!

stephen_g 5y ago
Well, they are trying. Problem is they can only fight the market so much. Especially when economics are so much in solar’s favour - the levelised cost (which includes the CAPEX of building) of battery backed solar will cost less than just the fuel for coal power per MWh in a couple of years (LCOE of solar and onshore wind by themselves already is less)!
- BLKNSLVR 5y ago
  Lucky the current government has some pet economists that are happy to continue to prove the "lies, damned lies, and statistics" mantra. https://www.sourcewatch.org/index.php/Australian_think_tanks#Institute_of_Public_Affairs https://www.sourcewatch.org/index.php/Australian_think_tanks...
BLKNSLVR 5y ago
Hah! That's pretty funny. By screwing the Australian public with the poles and wires investment guarantee they accidentally heralded 'the great consumer protest' of the fastest worldwide uptake of residential solar panel installations. Something something law of unintended consequences... To compound the shame of it, all the money spent on the 'poles and wires' initiative did nothing to contribute to the grid's ability to cope with the influx of power from the volume of rooftop solar installations, and so all that investment has just smeared problems around, and now there's a whole lot more planning and likely investment necessary to migrate to a rooftop solar heavy grid. Maybe that's all part of the plan (I don't believe that - never attribute to malice that which can be adequately explained by incompetence). https://www.greentechmedia.com/articles/read/what-the-us-can-learn-from-australias-roaring-rooftop-solar-market https://www.greentechmedia.com/articles/read/what-the-us-can... https://www.csiro.au/en/news/news-releases/2021/australia-installs-record-breaking-number-of-rooftop-solar-panels https://www.csiro.au/en/news/news-releases/2021/australia-in... https://theconversation.com/australia-is-the-runaway-global-leader-in-building-new-renewable-energy-123694 https://theconversation.com/australia-is-the-runaway-global-...

Well, they are trying. Problem is they can only fight the market so much. Especially when economics are so much in solar’s favour - the levelised cost (which includes the CAPEX of building) of battery backed solar will cost less than just the fuel for coal power per MWh in a couple of years (LCOE of solar and onshore wind by themselves already is less)!

BLKNSLVR 5y ago
Lucky the current government has some pet economists that are happy to continue to prove the "lies, damned lies, and statistics" mantra. https://www.sourcewatch.org/index.php/Australian_think_tanks#Institute_of_Public_Affairs https://www.sourcewatch.org/index.php/Australian_think_tanks...

BLKNSLVR 5y ago

Hah! That's pretty funny. By screwing the Australian public with the poles and wires investment guarantee they accidentally heralded 'the great consumer protest' of the fastest worldwide uptake of residential solar panel installations. Something something law of unintended consequences... To compound the shame of it, all the money spent on the 'poles and wires' initiative did nothing to contribute to the grid's ability to cope with the influx of power from the volume of rooftop solar installations, and so all that investment has just smeared problems around, and now there's a whole lot more planning and likely investment necessary to migrate to a rooftop solar heavy grid. Maybe that's all part of the plan (I don't believe that - never attribute to malice that which can be adequately explained by incompetence). https://www.greentechmedia.com/articles/read/what-the-us-can-learn-from-australias-roaring-rooftop-solar-market https://www.greentechmedia.com/articles/read/what-the-us-can... https://www.csiro.au/en/news/news-releases/2021/australia-installs-record-breaking-number-of-rooftop-solar-panels https://www.csiro.au/en/news/news-releases/2021/australia-in... https://theconversation.com/australia-is-the-runaway-global-leader-in-building-new-renewable-energy-123694 https://theconversation.com/australia-is-the-runaway-global-...