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Only five years ago Australia had a mere 20,000 solar systems installed on homes across the country. Now thanks to a Gonzo-Big-Daddy-Government we have over one million solar systems, almost all of them producing electricity that could have been made for something like a fifth of the price with coal.
The Clean Energy Regulator spins it as though wasting money on inefficient equipment in the hope of reducing world temperatures is a good thing for Australia.
“…the Clean Energy Regulator, which estimates that those solar energy systems provide power for around 2.5 million Australians. With a population of around 23 million, that means over ten percent of the country benefits from solar power.”
So 10% of Australians benefit from solar, and 90% pay for it?
“The regulator also says the installations have saved Australians about half a billion dollars on electricity bills!”
The regulator doesn’t say how much Australians had to pay to “save” a half a billion dollars.
In Dec 2011 The Productivity Commission estimated $777m in one year alone:
At the prevailing REC prices, this effectively provided an up-front capital subsidy of $777 million to solar PV systems in 2010.
[…]
Finally, a new day has dawned and solar power is cheaper than coal fired electricity! Gadzooks! It must be true, the Sydney Morning Herald says so.
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“Solar energy cost hits par with coal fuel“
Who knew they conquered the low energy density, high maintenance, poor performance, bad weather, and general darkness at nighttime — all in the last weekend? This changes everything… oh, but wait, that’s odd — this only applies in some parts of New South Wales?
Silly me, and I thought the sun shone on the whole nation (and sometimes on the rest of the world too)?
THE cost of solar power in parts of NSW has for the first time crept below that of coal-fired electricity – seen as a key tipping point for the expansion of renewable energy. [SMH]
The dead-set give away is the “parts of NSW” — straight away you know that either someone is stealing sunlight from neighboring councils, or this isn’t a real “cost”, not in the same sense that you and I would use the word. When we think of the cost of something, it means we want to know how much we’ll pay. If we pay less up […]
A joint writing project: Jo Nova & Tony Cox,
based on an idea and research by Anton Lang (who writes as TonyfromOz at PAPundits)
It’s the paradox that will torture the Greens. What if the best way to achieve their environmental aims as well as providing jobs and power was to build more coal fired power stations? Imagine if we could reduce CO2 emissions by more than 5%, supply 24 hour baseload electricity, create jobs, and save thousands of square kilometres of Australian bush from industrial domination. Imagine if “New Coal” turned out to be the lowest cost alternative as well? Anton Lang has researched it, and Tony Cox has confirmed that the big numbers make sense with an Australian electricity company (who shall not be named). Selling the Carbon Tax in Neverland is already a public debate that’s pretzel tied in impossible contradictions, so what’s one more unlikely twist? Possibly, just enough to get us out of a knot, or at least enough to expose the real aims of the carbon reduction plan. Old existing large scale coal fired power plants in Australia are all twenty to forty years old. Major advances […]
Click on the image to go to a fully interactive infographic where you can find out just how much money people have buried, I mean, invested in clean energy in your country. It’s nifty.
Have you ever thought about how lucky we are that only kind-hearted helpful souls are involved in the erstwhile cottage industry known as “renewable energy”?
Imagine if a less-than-scrupulous agent got into these green-fields of money, and frolicked in the vast acreage of subsidies, schemes, and easy loans? Where would we be? The public would think the people and the industry were here to save us, the industry could prod levers of government to encourage more subsidies and pro-renewable energy legislation. The “cottage” industry could also pay for and help write reports that the government then used in order to convince the people to put more of their goods and chattels in the public-trough. In variations on the circular theme, the industry could apply for grants from the government to help pay for the reports it wrote for the government to help it earn even more subsidies, or to cripple it’s competitors. (eg. See here).
Thus deadly positive feedback would spiral out of control.
Then […]
Roger Pielke, Jr. has looked closely at Australia’s ETS targets and helpfully put some numbers into the hypotheticals.
With all their subsidies, goodwill and fervent wishes, solar, wind, and geothermal produce just 3% of our energy needs. Fossil fuels produce a whopper 94%. And “energy” on these grand continental scales is measured in quadrillion BTUs which is known as “one quad”. Australians use about 5 quads / year, and to make that we pump out about 400 Mt of carbon dioxide per year. (These kind of big-picture numbers are often hard to find, so I wanted to capture that to keep things in perspective.)
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Population growth is a big factor in Australia 8 out of 10 based on 5 ratings […]
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JoNova A science presenter, writer, speaker & former TV host; author of The Skeptic's Handbook (over 200,000 copies distributed & available in 15 languages).
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