HT to Val Majkus.
The paper “Simulations of Scenarios with 100% Renewable Electricity in the Australian National Electricity Market” by Elliston et al. (2011a) (henceforth EDM-2011) has been analyzed by Engineer Peter Lang in his paper, “Renewable electricity for Australia – the cost”. Peter Lang is a retired geologist and engineer with 40 years experience on many types of energy projects throughout the world.
For the EDM-2011 baseline simulation, and using costs derived for the Federal Department of Resources, Energy and Tourism (DRET, 2011b), the costs are estimated to be: $568 billion capital cost, $336/MWh cost of electricity and $290/tonne CO2 abatement cost. That is, the wholesale cost of electricity for the simulated system would be SEVEN times more than now, with an abatement cost that is THIRTEEN times the starting price of the Australian carbon tax and THIRTY times the European carbon price. (This cost of electricity does not include costs for the existing electricity network). Peter has provided an Excel spreadsheet of calculations – which readers can use to do their own analysis.
This proposition to provide 100% Renewable Electricity for Australia is very expensive pie in the sky IMHO – typical of the GreenLeft – and on current technologies could not deliver stable grid power as we now know it.
So – if you want brown outs, black outs and more expensive electricity, Vote Green.
– if you particularly want more expensive peak hour electricity, Vote Green.
– if you want to be getting up in the middle of the night when you might be able to afford to run appliances, Vote Green.
– if you will enjoy owning a portable engine driven Electricity Generator, Vote Green.
– if you will enjoy the sound and smell of portable engine driven Electricity Generators all over your suburb, Vote Green.
– if you are mechanically handy and will enjoy rigging up a household wind powered generator and like the idea of paying for that plus banks of large and heavy batteries, then paying for their upkeep and replacement, Vote Green.
– the Elliston et al plan requires an increase of wind farms by a factor of 16.8 times – so if you like the idea of that – vote Green.
Readers might suggest other reasons to vote Green.