Have you wondered just exactly how much money you could pay for the feel-good factor of knowing that your electrons came from fashionable sources?
Thanks to the Victorian government we can get the hard numbers in the Victorian Auditor General’s Report.
In a nutshell, most alternatives are 2-3 times as expensive, except for solar which is 5 times the price.
(Luckily at the moment, renewables only produce 3 – 4 % of all energy in Victoria. Be grateful. You Victorians could be a lot poorer.) As it is, it cost Victorians $415,000 to tell you this, but it may be the most effective money spent on renewable energy in the last ten years. (Though oddly they didn’t produce this helpful comparative graph below. I did that for free.)
The Full PDF
In 2002 the State government of Victoria decided to aim for 10% renewable energy by 2010. You can see how well that worked out for them:
The light blue line (at 10%) was what they were aiming for.
The report is 48 pages. Basically it found that nobody thought too hard about how these aims would be done. Nobody assessed how useful it was to [...]
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