Renewable bandaid burns money: New transmission line alone costs as much as new advanced Coal Plant
Just another hidden renewable subsidy.
Boy O boy, that bill blew out fast:
Households could be up for $2b electricity transmission cost blowout
Peter Hannan, Sydney Morning Herald
Transgrid now expects its proposed HumeLink – a 500-kilovolt line connecting Wagga Wagga, Bannaby and Maragle – to cost $3.317 billion, up from $1.35 billion estimated in January 2020. That would make it “by far the most expensive transmission project” in Australia, said Bruce Mountain, director of the Victoria Energy Policy Centre…
NSW Households will be forced to pay $60 per year above their already-inflated-costs whether they want renewable energy or think windmills are a bird-killing, shamanistic health-hazard that won’t stop storms, floods or droughts any better than crystal shields do.
We can see why the government won’t let people choose to buy green power voluntarily.
Transgrid said the steel and materials costs more, but wow, golly, there was also a bill for “environmental offsets” through the Kosciuszko national park of an eye-watering, wait for it, $935 million. Perhaps they are transplanting the trees they cut […]
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed