I have been expecting a shakeout in the RE industry for some time because in Australia more and more providers are feeding into a static market. In recent years the demand in the grid has possibly even declined due to the flight of power-intensive industries although the demand for power is projected to increase a great deal in future due to population growth and the anticipated explosion of numbers of electric vehicles (not to be confused with the explosion of the EVs themselves.)

I think the inflated projections of the rise of EVs are rubbish but that is another story.

RE developers in Australia are frustrated by delays in connection due to inadequate infrastructure (poles and wires) and they want the taxpayers to kick in $20 billion of capital expenditure to get them out of trouble. According to our planners in AEMO and associated lobby groups this will pay for itself many times over in a decade or two. In their dreams. Long before that the industry will implode when the impossibility of the transition becomes impossible to conceal when Liddell and Eraring go off line.

The big news about the travails of the wind industry overseas is the increase […]