Ifound it hilariously hypocritical when the Federal government that screams "let the markets decide" tried to heavily influence Macquarie Generation in NSW to upgrade at vast expense and continue burning coal when they'd decided Lidell power station in the Upper Hunter wasn't viable anymore and wanted to invest in renewables to match Lidells output as it was more cost effective!!There is a Chinese company willing to buy it it seems.![]()
IMHO you can only say "Let the market decide" if there are no subsidies involved or penalties for retailers who do not buy the output of windmills or solar.
Regards Philip A
Yep, and that applies just as much to the fossil fuel brigade too.
Coal power subsidies? No thanks - just policy, please | afr.com
None of the countries mentioned have completed the transition to 100% renewable energy sources so it's a rhetorical question. But, just to humour you: Australia has vast areas of sunny flat country that can be covered in solar and wind farms (and still run a few sheep). Once their output exceeds the grid's daily average use, some of that energy can be converted to valuable chemical products. Recently SA announced its first major hydrogen electrolyser to be installed in the north of the state. The hydrogen can currently be used in a number of ways, including storage at a percentage of the natural gas in the existing pipeline system. It can be exported to other countries using modified LNG equipment. Hydrogen can be converted into ammonia or methanol by simple processes to make it easier to transport. There are no technological barriers to storing a large amount of chemical energy, just financial ones. If the world demands sustainably sourced fuels, Australia is an excellent country to supply them. And as you know from fossil fuel export facilities, the bigger the facility the lower the cost of the exported product. Dinky little start ups are just for testing, the big stuff will come in time.
Neoen’s 50 MW hydrogen electrolyser at proposed wind and solar facility in SA receives grant – pv magazine Australia
Queensland was smart enough not to sell off it's electricity industry for cash grabs at the expense of consumers, which means the Qld govt still pockets nice annual profit dividends from the state owned distributors, meaning it can just tell the companies not to gouge the consumers quite as much, unlike those states which naively put cash ahead of public benefit.
BTW power distribution prices are set on the spot market so they change every minute. This is supposed to be good for consumers, but is it?
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You have the right to remain silent. Anything you say will be misquoted, then used against you.
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1999 Disco TD5 ("Bluey")
1996 Disco 300 TDi ("Slo-Mo")
1995 P38A 4.6 HSE ("The Limo")
1966 No 5 Trailer (ARN 173 075) soon to be camper
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So its a level playing field eh?
Nocookies | The Australian
Someone has to pay for this.
Regards Philip A
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