Australia's largest stock trading and investment forum Australia's #1 stock forum

Electricity prices would be 75% cheaper if not for renewables, page-8

First 8 Last

Share
Profile

Follow
rosegarden

415 Posts.

1

26/05/23

16:13

Post #: 67985450
Share

Originally posted by ktrianta: ↑

Excerpts from Terry McCranns article in todays Herald Suns.

https://www.heraldsun.com.au/business/terry-mccrann/rising-electricity-prices-expose-the-high-cost-of-wind-and-solar/news-story/3a3b12f0de1adcee2d8c182861b45c10

Electricity prices would be 75% cheaper if we had no cheap free renewables.

"Phew. Thank goodness for all that ‘free’ wind and solar electricity flowing into the grid – keeping price rises down to just 20-25 per cent for this coming year.

Who knows what price rises would have been if we’d stuck with all that black and brown coal? Try, minus – to stress, that’s minus – around 75 per cent."

"Back in the early 2010s, electricity was coming out from almost entirely real power stations, at a wholesale cost of around $30 to $40 a MWh, from SA to Queensland. In 2022 it was between $80 and $160; in 2023 so far $105 to $150; and who knows what in 2024."

He explains the madness in the deliberate destruction of our electricity system by pandering to the catastrophic climate change cult and the myth of cheap and free renewables.

Expand

i agree krianta and also if are lost timber industrys were allowed to open,are house prices would cost half of what they are now?
5 Upvote

Reply

Top Stories

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

ASX Market Close: Climbing to 8,700s based on vibes wasn't sustainable

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

WA8

Warriedar aims for Ricciardo MRE upgrade on 'thick, high-grade' gold and antimony

PTX

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

First 8 Last