I often disagree with Baldy regarding his comments on the energy...

I often disagree with Baldy regarding his comments on the energy scene in Australia, but he is spot on here. All, (brown and black) coal power stations are over 40 years old and at an age where reliability can only be increased (or maintained) by a large injection of funds. Just last week it was suggested that Eraring closure be delayed by 4 years. Origin have already said they planned for closure this year and will require assistance to operate for another 4. Surprise, surprise, AGL will do exactly the same wrt to Bayswater ad LYA. Meanwhile our expensive and valuable gas will be used to shore up supplies to accommodate the delays in transitioning to a renewable economy.

So cheap and nasty gas peakers will be used, with efficiencies in the low 30% compared to the efficiency of a modern coal plat (yes not considering GNG) of mid 40's. Modern gas turbines can be high 40;s but they are expensive and will not be installed as peakers unless there is a guarantee of very high price and frequent periods to offset the capital costs. This can only mean one thing. higher costs to the end user.

Its a sad time that the transition to renewables is something I support but due to political reason it is so badly managed that disaster looms. By that I mean making promises, and taking action on such to make it look like something is happening but in reality, have put our energy supplies at risk just to win votes.