I support gas exports to enable the world to use gas for firming. I also support Norwegian style revenues from these resources.
I see no value to Australia to be the world’s largest exporter for a very short period and completely forgo any revenue from that boom.
Adjacent articles on the ABC websire just now.
Top article is basically “council rejects flood study because they don’t like the answers.”
Bottom article is about how waterfront buildings are under threat from rising tide levels, and engineered beach stabilisation is not working.
Clearly in Victoria the left hand and the right hand don’t communicate…
They’ve just been saying they’ll build more battery sites, they have ‘ambitions’ to address the massive uptick in power requirements with full renewables. Google search is AI every time now. This is what deregulation looks like, just go ahead and do what you like, PR the right things.
I guess at least uni students have more time to not socialise on their desolate campuses as their computers do their work for them. Lots of people with more free time than they know what to do with in fact. Utopia on social security.
All those bloody cucumbers Blitz gets AI to draw…
Been payed off by property developers more likely
Or they realise that if a whole slew of property valuations drop to nothing, rates collection will go through the floor.
No, that is not how rates work. They would just raise the rates on all the other properties.
like actual rates relating to actual services.
would be nice if they actually looked into cost reduction as well.
More of this please:
Yep, I just changed my provider beacause the old one was doing the same.
Farkers.
Yeah, that’s taking the ■■■■. I understand there starting to get a glut of solar during the day, but locking in free residential solar is bonkers.
Using a home battery is starting to look like the best use of the solar you generate at home at those prices.
My theory is the power companies are doing it now to lock in low/zero feed-in payments for the long term. Large amounts of storage are going to start coming online over the next few years, and that means glut-time solar power will be useful again - you can use it to charge batteries. This is about acclimatising rooftop solar owners to getting nothing for their contribution to the grid, so that once those contributions have value again, the power companies won’t need to pay up.
Yeah, matches my thoughts.
Imagine having 400k rooftop systems generating free electricity, then invest in sufficient grid scale batteries to soak up that free energy… now you are selling at peak evening prices for zero charging cost each day. Maintenance of batteries is pretty minor, so it’s a recipe for a massive transfer of wealth.
Of course, that’s been happening for quite a while anyway. There’s a not-insignificant crossover between the window of highest solar generation and the earlier hours of the peak billing period, and I know I get paid a LOT less for my peak-period solar generation than I pay for my peak-period consumption.
government wants people with solar to have their own batteries to help stabilise the grid.
If won’t take the carrot - extra subsidy for batteries, then have the stick, lower tarriff feed in rates received
I just want enough to make my place self sufficient. Not interested in giving anything to the government
