It seems old mate Walbrook has really stepped up the spamming of...

  1. 35,199 Posts.
    lightbulb Created with Sketch. 4

    It seems old mate Walbrook has really stepped up the spamming of late.

    Rupert must be paying well. Or is it Angus Taylor ?

    Either way, the fossils seem to be panicking more and more. Spamming things like hc. Trying to get both state and federal governments to do nuclear studies. arguing over drilling for gas that probably doesn't exist in Victoria and complaining about old coal fired power stations, all the while doing nothing the impending shortfall of power.

    No matter though. Renewables are ticking away, producing more and more each day. Getting to the point now that they are regularly curtailed because they are generating too much power.

    Before too long we will have some decent size storage enter the market and we will curtail renewables no more. In fact , it will be the step change that the industry needs.

    " Prices hit zero again across the main electricity market on Australia’s mainland on Wednesday, as low demand combined with strong output of wind and solar, and the reluctance of many fossil fuel plants to dial down their output.Prices, as we reported briefly on Tuesday, hit zero in all four mainland states that participate in the National Electricity Market – Queensland, NSW, Victoria and Tasmania. It occurred at least twice, just before 3pm, although prices in Tasmania remained in positive territory.And it happened again on Wednesday, as demand kept low and the combined output of wind, solar and storage hit more than 10GW – as it has done on a few occasions in the last week. That equates to more than 40 per cent of total demand."

    https://reneweconomy.com.au/prices-hit-zero-again-across-the-grid-as-renewables-output-tops-10gw-57491/
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.