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What a shambles[ATTACH=full]190692[/ATTACH]The Victorian government’s “aggressive” electrification of the power network is likely to result in mass blackouts with demand forecast to outweigh renewable energy supply by more than 30 per cent in some months, a bombshell report by an energy expert warns.The state’s push to rely on renewable energy will also lift power bills from the nation’s lowest to the highest, author Paul Simshauser predicts.The report by Professor Simshauser, a leading academic who runs a Queensland government-owned energy business, concludes the average wholesale electricity price across the nation would be about 30 per cent more in a system mainly reliant on intermittent renewables than in the existing coal-dominated system.And the report finds that the cost of solar, wind, batteries, hydro and gas assets needed to get close to net zero would be about $300bn in today’s dollars, compared with the current system’s worth of $136bn.
What a shambles
[ATTACH=full]190692[/ATTACH]
The Victorian government’s “aggressive” electrification of the power network is likely to result in mass blackouts with demand forecast to outweigh renewable energy supply by more than 30 per cent in some months, a bombshell report by an energy expert warns.
The state’s push to rely on renewable energy will also lift power bills from the nation’s lowest to the highest, author Paul Simshauser predicts.
The report by Professor Simshauser, a leading academic who runs a Queensland government-owned energy business, concludes the average wholesale electricity price across the nation would be about 30 per cent more in a system mainly reliant on intermittent renewables than in the existing coal-dominated system.
And the report finds that the cost of solar, wind, batteries, hydro and gas assets needed to get close to net zero would be about $300bn in today’s dollars, compared with the current system’s worth of $136bn.
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