It now boasts Europe's most expensive retail power and is strategically exposed because the country can't function without imported gas. The fact is that wishing and hoping won't fix climate change. The closure ofmost remaining coal-fired or gas generators will not be determined by billionaires, affluent ideologues, or anyone else for that matter.
He also mentions aboutGermans renewable generating industry.
The introduction of renewables caused the initial increase of prices and the stupid bidding system allows these hypocrites to exploit consumers by racking in monies caused by coal/gas fired power station.
The bidding system need to be changed and not based receiving the highest price.
My recollection is that a QLD Professor came up this system and got paid $1 million for coming up with this auction system.
(20min delay)