What did he do John? Withdraw subsidies was it?

Grappler Truth Teller Feller wrote on Jul 25^th, 2016 at 10:03am:



How is the 'small earner' having the burden of taxation? The majority of small earners are paying ZERO net tax.

Panther,

you speak great words of wisdom.

I wish Grappler would tell me which major industries he sees developing here.

Mr Smith,

renewable stuff is a Greenie pipe dream just like Labor's Dream Team.

Coal is where it is at.

To see where Sth Aust is at go to the LINK to see it all.
https://stopthesethings.com/2015/08/09/south-australias-unbridled-wind-power-ins...



South Australia’s Unbridled Wind Power Insanity: Wind Power Collapses see Spot Prices Rocket from $70 to $13,800 per MWh
August 9, 2015 by stopthesethings 6 Comments

Jay Weatherill: SA’s vapid Premier presides over the most expensive and pointless energy ‘policy’ in Australia, with disastrous results for all.

To call what South Australia’s Labor government has ‘gifted’ their constituents an energy ‘policy’, is to flatter it as involving some kind of genuine ‘design’. It’s an economic debacle, pure and simple.

The current mess started under former Premier, Mike Rann –  a former spin-doctor, whose relatives lined up at the wind power subsidy trough from the get-go.

Under its current vapid leader, Jay Weatherill, SA’s Labor government has been talking up a wind powered future for months now – he’s presiding over the worst unemployment in the Nation, at 8.2% and rising fast – and seems to thinks the answer is out there somewhere – ‘blowin’ in the wind’. Its wind power debacle has led to South Australians paying the highest power costs in the Nation – if not (on a purchasing power parity basis) the highest in the world – and, yet, the dimwits that run it wonder why it’s an economic train wreck (see our posts here and here).

A few posts back – always ready to rain on the wind industry’s parade – as well as the gullible and corrupt that cheer it on – we spelt it out in pictures – that even the most intellectually interrupted should be able to grasp:

The Wind Power Fraud (in pictures): Part 1 – the South Australian Wind Farm Fiasco
But that woeful missive merely drew focus on the pathetic performance of SA’s 17 wind farms; and their ‘notional’ installed capacity of 1,477MW – it has the greatest number of turbines per capita of all States – and the highest proportion of its generating capacity in wind power by a country mile.

June 2015 SA
Now, we’ll take a look at the effect on SA’s power market when wind-watts go completely AWOL, almost every other day. The chaos that wind power brings with it, has created the perfect opportunity for peaking power operators to make out like bandits at power consumers’ expense – simply because it can be predictably ‘relied’ on to disappear without warning.

Wind power driven, market chaos clearly has the Australian Energy Market Operator worried; as its ‘Pricing Event Report’ for July shows.
To make clear just what was driving rocketing spot prices, we’ve added pictures, care of Aneroid Energy.

And when we say ‘rocketing’ we mean with all the thrust of Apollo 11. For the year to date, SA’s average spot price for power is $72 per MWh (compared to Victoria’s $35) – the reason for the price difference might just come from the fact that the Victorians have a relatively tiny proportion of their generating capacity in wind power; and the largest coal-fired generators in the country.

Now, with SA’s average of $72 per MWh in mind, consider the number of occasions in July when – as wind power output collapses – the spot price approaches or hits the Market Price Cap.  That cap – currently $13,800 per MWh – sets the upper limit of what peaking power generators can extort from the system: for a rundown on how the National Energy Market is designed to work, see this paper: AEMO Fact

Sheet National Electricity Market
That’s the ‘design’; here’s the shocking reality.
Pricing Event Reports – July 2015
28 July SA
Electricity Pricing Event Report – Tuesday 28 July 2015 (TI ending 1830 hrs)
Market Outcomes: South Australian spot price reached $1,967.51/MWh for trading interval (TI) ending 1830 hrs.
South Australian FCAS prices (Volume Weighted FCAS Prices) and energy and FCAS prices for the other NEM regions were not affected by this event.

South Australia had an actual Lack of Reserve 1 (LOR1) from 1800 hrs to 2030 hrs (Market Notices 49437 and 49438).
Detailed Analysis: 5-Minute dispatch price reached $10,759.20/MWh for dispatch interval (DI) ending 1820 hrs. The high price can be attributed to rebidding of generation capacity and limited interconnector flows during the evening peak demand period. Wind generation was low during this period in South Australia.

The South Australian demand was 2,233 MW for TI ending 1830 hrs. During the same TI, wind generation in South Australia was at 18 MW.

Read more WindyMill insanity in the LINK
https://stopthesethings.com/2015/08/09/south-australias-unbridled-wind-power-ins...

bogarde73 wrote on Jul 25^th, 2016 at 10:58am:



He won the election. That was enough to scare everyone away. There was billions and billions of dollars in investment in renewables the pipeline that disappeared soon after abbott formed govt.

Why didn't he remove subsidies from the fossil fuel and energy sectors if subsidies were his problem?

Its time wrote on Jul 25^th, 2016 at 9:22am:



Yeah - run by economic and social effing Neanderthals.

bogarde73 wrote on Jul 25^th, 2016 at 9:19am:


I agree, on the whole.

The social security takes over 1/3 of our total budget.
It is growing at 8%.
We cannot afford that.