By Jo Nova The Transmission line cost bomb just went off and it changes everything
This is big. So big the AEMO just announced transmission line costs are up as much as 55%, and they are going to re-visit projects they previously said needed to proceed (which is the nice way of saying they will have to axe some or many of them). What no one is spelling out, is that if the transmission lines can’t be built, they also can’t build the vast solar and wind “farms” that the Labor government was depending on. Suddenly a lot of renewable projects are orphans.
Australia is supposed to build 10,000 kilometers of high voltage transmission lines by 2050. But last week, the AEMO admitted in their Draft 2025 Electricity Network Options Report that these interconnectors would cost between 25 to 55% more than expected, which makes them essentially unaffordable.
Plan B is where they pretend cars, home solar and batteries can save the “Transition”
The old plan of massive wind and solar factories spread across the continent is quietly mutating into a DIY version where the government hopes homeowners will rescue the Net Zero transition by buying the batteries the […]
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