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Petrol could hit $3 per litre (Read 3999 times)
freediver
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Re: Petrol could hit $3 per litre
Reply #150 - Mar 9th, 2026 at 4:54pm
 
lee wrote on Mar 9th, 2026 at 4:45pm:
freediver wrote on Mar 9th, 2026 at 4:34pm:
I am not the one looking for something wo whine about when wind and solar cost less than half the price of coal, and less than a third the price of nuclear, and we are putting in a second main trunk to Tasmania so we can take advantage of their cheap, despatchable hydro as well.



And when solar and wind give about 25% capacity factor. Wink


This has also been explained to you. Many times. The fact that wind and solar are cheaper than coal and nuclear by more than a factor of 2 and 3 is based on the actual costs and amounts generated.
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lee
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Re: Petrol could hit $3 per litre
Reply #151 - Mar 9th, 2026 at 5:05pm
 
freediver wrote on Mar 9th, 2026 at 4:54pm:
The fact that wind and solar are cheaper than coal and nuclear by more than a factor of 2 and 3 is based on the actual costs and amounts generated.



As long as you disregard environmental costs. Less than 0.1 acre per MW of natural gas plant, 5.79 acres per MW of solar panels. Wink

The world has moved on from LCOE to Full cost.
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Melanias purse
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Re: Petrol could hit $3 per litre
Reply #152 - Mar 9th, 2026 at 5:07pm
 
aquascoot wrote on Mar 9th, 2026 at 4:01pm:
Melanias purse wrote on Mar 9th, 2026 at 3:31pm:
lee wrote on Mar 9th, 2026 at 1:06pm:
Melanias purse wrote on Mar 9th, 2026 at 12:33pm:
When all along, territories and states like the ACT and South Australia have been quietly getting on with the job, using the sun and the wind, just as God wills it



yet another "wrong" answer.

The only reason the ACT boats about being fully renewable is because it buys "green credits", although they may not be necessarily green. Wink

The only reason for SA is because they have the interconnector from Victoria. and that is a mix of all energy types. Brown coal included. Roll Eyes


The ACT is powered by 100% renewable energy, dear.

South Australia is currently at 72%, as per our previously-posted evidence.

So no, not "wrong", categorically proven. No matter how many lies you try, you can't possibly win.

How does it feeeeeel?



An accounting trick.

The ACT is connected to the National Electricity Market (NEM) with NSW, QLD, VIC, SA, and TAS.
That means:
Electricity in the wires is the general grid mix (coal, gas, hydro, wind, solar).
At any given moment, the power used in Canberra might come from coal or gas plants elsewhere. �
ABC News
The ACT’s renewable generators are often located in other states and feed power into the same grid. �
ABC News
Think of it like this:
The grid is a big pool of electricity.
The ACT pays to put in as much renewable energy as it takes out, but the electrons themselves mix.


From the link:

Since 2020, 100% of electricity in the ACT has come from renewable sources. The ACT will maintain this from now on.

Beg to differ? Sue the ACT government for false advertising.

In other news, Sky have ceased transmission to Lee's state of Western Australia.

So unfair!
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lee
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Re: Petrol could hit $3 per litre
Reply #153 - Mar 9th, 2026 at 5:11pm
 
poor karny. can't get past politicians lies. Grin Grin Grin Grin
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Melanias purse
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Re: Petrol could hit $3 per litre
Reply #154 - Mar 9th, 2026 at 5:15pm
 
lee wrote on Mar 9th, 2026 at 4:50pm:
Melanias purse wrote on Mar 9th, 2026 at 4:40pm:
Why my poor dear fellow, I've shown you already!



You have shown nothing. merely made a claim by a politician.



A politician?

Energy in the ACT is legislated under the law. My link references the Energy Efficiency (Cost of Living) Improvement Act 2012.

Don't like it? Join Aquascoot in his class action.
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aquascoot
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Re: Petrol could hit $3 per litre
Reply #155 - Mar 9th, 2026 at 5:17pm
 
lee wrote on Mar 9th, 2026 at 5:11pm:
poor karny. can't get past politicians lies. Grin Grin Grin Grin



Let's see the ACT disconnect from the national grid if it REALLY doesn't want to burn coal and gas at night  Cheesy
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Melanias purse
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Re: Petrol could hit $3 per litre
Reply #156 - Mar 9th, 2026 at 5:28pm
 
Frank wrote on Mar 9th, 2026 at 10:44am:
Melanias purse wrote on Mar 9th, 2026 at 10:29am:
Frank wrote on Mar 8th, 2026 at 8:46pm:
freediver wrote on Mar 8th, 2026 at 8:10pm:
Quote:
Not a fantasy. On the news every other day.


No it isn't. Are you high?

I am saying we should not take you seriously, because you keep tripping over your own idiotic fantasies.

Phasing out fossil fuels - what does that mean?

It is Greens policy.



It is German policy.

Deutschland uber alles, nein?



They are not laffing now.

It has been a disaster in Germany and Europe generally.  And the Uniparty want to emulate the 'sophisticated' Europeans.
Ludicrous.



Oh, ja. The Väterland clearly has a long way to go. But before you pack your bags and go back, just remember which country is closest to your heart, dear boy.

It's currently tracking at 82% renewable energy.

One can never go home, no?

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Melanias purse
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Re: Petrol could hit $3 per litre
Reply #157 - Mar 9th, 2026 at 5:32pm
 
aquascoot wrote on Mar 9th, 2026 at 5:17pm:
lee wrote on Mar 9th, 2026 at 5:11pm:
poor karny. can't get past politicians lies. Grin Grin Grin Grin



Let's see the ACT disconnect from the national grid if it REALLY doesn't want to burn coal and gas at night  Cheesy


No no, for once in your life, let's hear you finally speak the truth.

100% renewable energy.

Say it.
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aquascoot
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Re: Petrol could hit $3 per litre
Reply #158 - Mar 9th, 2026 at 5:40pm
 
Melanias purse wrote on Mar 9th, 2026 at 5:32pm:
aquascoot wrote on Mar 9th, 2026 at 5:17pm:
lee wrote on Mar 9th, 2026 at 5:11pm:
poor karny. can't get past politicians lies. Grin Grin Grin Grin



Let's see the ACT disconnect from the national grid if it REALLY doesn't want to burn coal and gas at night  Cheesy


No no, for once in your life, let's hear you finally speak the truth.

100% renewable energy.

Say it.





Myself and Donny are allowed to fib but you arent Smiley



1. The ACT’s “100% renewable electricity” claim
The ACT government buys enough renewable generation through contracts to match its total annual electricity use. These contracts are mainly with wind and solar farms around Australia.
Examples include wind farms in NSW, SA, and Victoria. Because of these agreements, the ACT can say its electricity is 100% renewable on a yearly accounting basis.
However, this does not mean the physical electricity at every moment is renewable.
2. What actually happens at night
At night:
Solar farms produce zero power
Wind farms may produce some power
The ACT is connected to the National Electricity Market (NEM) through NSW.
So when local renewable output is low, electricity flowing into Canberra can include:
Coal generation from NSW
Gas generation
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Gnads
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Re: Petrol could hit $3 per litre
Reply #159 - Mar 9th, 2026 at 5:44pm
 
lee wrote on Mar 9th, 2026 at 3:54pm:
Melanias purse wrote on Mar 9th, 2026 at 3:31pm:
The ACT is powered by 100% renewable energy, dear.



So what you are saying is that the ACT is NOT connected to the east coast grid. Roll Eyes

"The National Electricity Market (NEM) is comprised of five physically connected regions on the east coast of Australia:

    Queensland
    New South Wales (which includes the ACT)
    Victoria
    Tasmania
    South Australia"

https://www.aemc.gov.au/energy-system/electricity/electricity-system/NEM

"Electricity prices in the Canberra, ACT have been volatile, with costs rising in recent years despite strong renewable generation."

https://www.solarchoice.net.au/energy/electricity-rebates/act/

Nothing there about 100% renewables.

"Some electricity accounting methodologies, such as the market-based method used by Climate Active, recognise the proportion of the ACT Government's commitment that has been matched with the ACT Government’s surrender of renewable energy certificates. This is termed the Jurisdictional Renewable Power Percentage (JRPP) and in 2024 this was 79.51%. The JRPP for 2025 has yet not been released."

https://www.greenpower.gov.au/get-greenpower/buying-greenpower-australian-capita...

Nor there.

"When you add a Greenchoice fee to your electricity bill, you contribute to the purchase of renewable electricity from government-accredited sources, including wind power, biomass, hydro and solar."

https://www.actewagl.com.au/sustainability/greenchoice

Nor there.

So perhaps you can tell us how they switch off the fossil fuelled part of the grid. Just too dumb to do your own research. Roll Eyes


Spot on.  Smiley
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Gnads
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Re: Petrol could hit $3 per litre
Reply #160 - Mar 9th, 2026 at 5:49pm
 
freediver wrote on Mar 9th, 2026 at 3:59pm:
Quote:
It is so cheap that Tasmania hasn't built any new ones.


Exactly. Low prices indicate an oversupply. They kind of went overboard a while back when every premier wanted a dam named after him.

Quote:
But Snowy2 has explicitly said they will not do that.


Duh. How can it use hydro to power lithium batteries if there are no lithium batteries as part of the project?

But there is nothing stopping anyone else with connected lithium battery storage from using it on an intra-day basis while snowy 2 is running. Welcome to the wonders of the free market.



So far Snowy2 has blown out it's budget by by $billions over 12 now & staring down $20 billion by it s extended completion date to 2028.

If that isn't extended further. Roll Eyes

Your cheap renewables are a complete fallacy.
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lee
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Re: Petrol could hit $3 per litre
Reply #161 - Mar 9th, 2026 at 5:51pm
 
Melanias purse wrote on Mar 9th, 2026 at 5:15pm:
Energy in the ACT is legislated under the law. My link references the Energy Efficiency (Cost of Living) Improvement Act 2012.



And who enacted that law and its definitions? Roll Eyes

BTW - How does the Cost of Living Act translate to renewable energy?

The only mention in the Act on renewable energy is
"b) the cost of achieving the equivalent energy savings through
other means including energy efficiency measures and the
purchase of renewable energy" .

No mention of how to import renewable energy,  no mention of import at all. Roll Eyes
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« Last Edit: Mar 9th, 2026 at 6:01pm by lee »  
 
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Gnads
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Re: Petrol could hit $3 per litre
Reply #162 - Mar 9th, 2026 at 5:52pm
 
freediver wrote on Mar 9th, 2026 at 3:59pm:
Quote:
It is so cheap that Tasmania hasn't built any new ones.


Exactly. Low prices indicate an oversupply. They kind of went overboard a while back when every premier wanted a dam named after him.

Quote:
But Snowy2 has explicitly said they will not do that.


Duh. How can it use hydro to power lithium batteries if there are no lithium batteries as part of the project?

But there is nothing stopping anyone else with connected lithium battery storage from using it on an intra-day basis while snowy 2 is running. Welcome to the wonders of the free market.




Is that right?

Quote:
Tasmania imports electricity from the National Electricity Market (NEM) via the Basslink interconnector frequently, with its reliance on imports increasing in recent years due to dry conditions reducing hydro capacity. While designed as a two-way connector to export hydro energy, Tasmania has become a net importer in most of the last seven years, particularly in 2024, when it faced its lowest hydroelectric generation in two decades.


Grin
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Gnads
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Re: Petrol could hit $3 per litre
Reply #163 - Mar 9th, 2026 at 5:55pm
 
freediver wrote on Mar 9th, 2026 at 4:09pm:
lee wrote on Mar 9th, 2026 at 4:04pm:
freediver wrote on Mar 9th, 2026 at 3:59pm:
Low prices indicate an oversupply. They kind of went overboard a while back when every premier wanted a dam named after him.



So overboard they had to import.


Tasmania is a net electricity exporter, but it works both ways. When electricity is cheaper on the mainland due to renewable energy being so cheap (less than half the price of coal, 1/3 the price of nuclear), they import. Sometimes the east coast electricity price goes negative and we actually pay the Tasmanians to take our electricity. Then when there is high demand on the east coast pushing prices up, Tasmania runs the hydro plants and exports more renewable energy.

The wonders of the free market. All that cheap renewable electricity getting shared around. It must make your blood boil, having to search so hard for something to whine about.



Wrong ---- a net importer for the last 7 years.

Perhaps they better build some more hydro to not generate power because of drought.  Grin
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Re: Petrol could hit $3 per litre
Reply #164 - Mar 9th, 2026 at 6:02pm
 
Oh, dear.

Just like toilet paper 6 years ago - if you tell people not to hoard something and there's no need to worry then what will they go straight out and do?

Yep, you guessed it.

Driver accused of 'ridiculous' act at Aussie petrol station amid dire supply warning

Quote:
Australian drivers have been accused of succumbing to petrol station panic as fuel prices rise amid fears about global oil supplies during the ongoing Middle East conflict.

The cost of crude oil has surpassed $100 per barrel for the first time in more than three years, due to the closure of the Strait of Hormuz, a critical chokepoint for global energy supplies, in the Middle East.

Now, Aussies are sounding the alarm as regional petrol stations begin to run dry across the country.

In one clip, a ute is seen pulling out of a petrol station, accused of filling plastic tanks with hundreds of litres of fuel.

It's understood the video was filmed at Riverstone Petroleum in Sydney's west.

While some said they were "jealous" of the driver's huge stockpile of fuel, others accused the driver of exacerbating Australia's looming petrol shortage.

"[People] are being ridiculous! Everyone needs to chill. Am I the only one not panic-buying?" asked one Aussie.

Others suggested the driver may be a farmer, and this sort of purchase is common.


On top of the sheer stupidity and greed on display (just like toilet paper as I mentoned) there's also the safety issue here. I'm expecting to see more and more reports of house fires and explosions in the coming weeks and months with all this petrol being hoarded around the country.

Idiots.
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