Australias Industrial/Jobs Future, page-16

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    They have a few slides in the results presentation. ann-fy2017-results-investor-presentation

    From the above link:
    Australia’s energy challenge – policy must ensure affordability and reliability
    • Australia’s generation mix is comparable to key economies – eg 70-80% baseload production and average 17%
    renewable/hydro
    • Australia has the least flexibility in baseload mix:
    – Gas generation priced out of the market
    – All other countries use gas and nuclear in addition to coal
    • Baseload energy supply in Australia is in crisis
    • Agree with the Finkel report that renewable energy needs to be more reliable in its supply
    • No renewable technology can currently replace baseload requirements of any scale

    I guess this and the original post on the thread is a reminder/ warning: The ways to counter this are cost reductions, relocate to cheaper locations, Govt Subsidies. If that is what we want then sit back and wait and address a full crisis when it happens. It could be fixed quickly if the blame game stopped.
 
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