|
|
By Jo Nova
A second big Australian “Pumped Hydro” scheme is crashing on economic rocks…
The Marinus Link cable was meant to spark a glorious renewables boom and make Tasmania “The Battery of the Nation”, instead it will cost more than a new advanced coal fired plant, provide no energy at all, and currently even the thought of it is causing chaos. New projects are on hold, factories can’t expand and Tasmania is held hostage to visions of an electricity grid designed to stop storms instead of generate energy.
The Marinus Link is a 255km cable that was supposed to be the second interconnector from Tasmania to the mainland. In theory it would cost $3 billion and carry 1.5GW of electricity. But the costs have blown out to $5.5 billion and the State Premier is balking at the new bill.
However, most of the new wind power projects in the state are awaiting the magic cable before they commit — without it, they can’t reach the real market, which is mainland Australia. But without them, the local grid doesn’t have enough surplus capacity to cover the lean times (or rather, without the cable, they can’t get access to more reliable […]
By Jo Nova
The biggest blackout has hit South Australia since the statewide crash of 2016. It’s due to a weather calamity, but the renewables state is struggling to keep the frequency stable for a whole week without the rest of the national grid to lean on. This time they have the back up generation, but they’re going to great lengths now to stop the surges from solar and wind — there’s no where to dispose of excess electricity…
On Saturday afternoon a storm system blitzed out 423,000 lightning strikes and brought down some 500 lines, including the Heywood interconnector that joins South Australia (SA) to Victoria. That is out of action until Friday, so for a whole week the Star Renewables State of South Australia is on its own — Islanded from the national grid. The test is here, and right now at 6am they’re running on 80% fossil fuels and 18% wind, plus millions of dollars has been spent on frequency control, and they’re trying to turn off the solar panels.
The storm caused blackouts affecting 163,000 customers or roughly 18% of the state. Power was restored for most within hours, but there were still 35,000 properties without […]
The Humelink transmission line does not connect a single large city.
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 […]
A $1,500 million dollar emergency line is needed to rescue South Australia from renewable blackouts. Image: Marcus Wong Wongm
Why do so few see the enormous subsidy cost of keeping the South Australian electricity experiment alive?
Having got too much intermittent, unreliable electricity, the state is still in danger of another statewide blackout. One third of the solar panels on homes are being switched off automatically because the electricity they provide is not just useless, but dangerous. What the state needs is baseload power, but the solution we’re told is to spend another incredible $1.5billion dollars on an interconnector with NSW, presumably so SA gets a lifeline to the reliable coal power in Queensland.
That’s a $1,500,000,000 repair bill for an unreliable system that cost a fortune to build, but is unsustainable without a giant bandaid.
Price rises coming in NSW and QLD:
As more unreliable generation and random green electrons infect the NSW and Qld grids, their cheap baseload providers will also find it harder to compete. The increased downtime will chew out some of their profit margins, but their costs will be almost the same. So, as sure as the sun rises, they will have to […]
|
JoNova A science presenter, writer, speaker & former TV host; author of The Skeptic's Handbook (over 200,000 copies distributed & available in 15 languages).
Jo appreciates your support to help her keep doing what she does. This blog is funded by donations. Thanks!
Follow Jo's Tweets To report "lost" comments or defamatory and offensive remarks, email the moderators at: support AT joannenova.com.au
Statistics
The nerds have the numbers on precious metals investments on the ASX
|
Recent Comments