Prime Minister speaks rubbish says hydro power is cheaper

What is it about Tasmania and the ever-ready pipeline of Commonwealth taxpayers money? Must be too many Fed. Pollies over there. Just heard our PM on ABC TVNews24 talking about a second Bass St power cable and Fed. financing for Tassie Hydro’s pumped hydro boondoggle “Battery of the Nation“. Many of the Snowy 2.0 shortcomings … Continue reading Prime Minister speaks rubbish says hydro power is cheaper

Reason for Battery of the Nation is Tas electricity system riddled with debt

The Tassie electricity debt between hydro and network is ~$2.4Bn for population of 515,000 so for a family of four paying say $2,880 annual power bill the share of debt is $18,640. A major industry for Tasmania is extracting more money out of the Commonwealth – a task made easier by the infestation with Tas … Continue reading Reason for Battery of the Nation is Tas electricity system riddled with debt

Monash Forum triggers Liddell lies & misinformation

It is positive for our electricity grid and power prices that a group of Govt MP’s has spoken the unspeakable and suggested building a new coal fired power station. However that seems premature right now. Closing Hazelwood has more than doubled the Vic AEMO wholesale price and has made Vic prices now the most expensive … Continue reading Monash Forum triggers Liddell lies & misinformation