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Comment by fps-hero

Look to Australia if you want to see how these energy policies work out in the long run.

Energy is big money. Anything that disrupts the status quo is immediately vilified. It got to the point that our major party at the time lead a “gas fired” green energy policy.

They got voted out, the new guys implemented a subsidised home battery policy. In the space of a year it has destroyed the economics of a carbon fuelled grid. All the economics pointing to renewables being the way forward were proven correct.

Everyone gets their back scratched. If you’re a consumer and you invested, you have a massively discounted personal power station that generates you money. If you operate the grid, your transmission costs and peak transmission costs went down. General consumer prices went down because of a reduction in peak electricity use driving up retail costs. Everyone in won.

Except big gas, who cannot turn a profit on a renewable success story. Don’t let rhetoric become your reality.

parent fps-hero 2 months ago

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