It's not the politics. It's the economics. India and China are...

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Christos12

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28/08/19

09:39

Post #: 40188685
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Originally posted by acwmr: ↑

Christos

Sorry if I was not clear enough.

The reason people are not queuing up to build coal plants in Australia is the political uncertainty. Why are so many being built in India and China to name just a few, if they are not lower cost than "firmed renewable" plant?

A big new supercritical one was being built just south of KL when I worked there a few years ago and the largest plant they had then, at Klang, was running well, on Australian coal. Northern PS was supercritical but the SA government wanted a new industry, and the NEM and interconnectors allowed them to do this.

There is a lot of Wind in Antartica but that doesn't mean we should try to put turbines there and send the power North as hydrogen.

Our NEM market failed when it allowed people to build unfirmed renewable power plants and gave them access priority to the market. The RET's added to this.

I have been involved with bidding to sell power to large industrial users in Australia, and believe me please, the only way to be competitive was to offer a mix of coal, and gas fired power, topped up with renewable when available.

With tassie 2.0 and Snowy 2.0 added to existing 3 pumped storages, we will have less than a 5th of the storage we need to firm the vast amount of renewable sources that have been built.

Batteries are decades away, and there is some doubt as to whether the costs will ever fall enough.

i won't say never, just not yet.

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It's not the politics. It's the economics. India and China are providing power to billions of people for the first time. Our power consumption is decreasing and changing in profile. Very different scenarios with very different solutions
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