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Coal power vital for affordable energy amid rising renewable costs, says Russell Broadbent
Russell Broadbent argues coal remains vital for cheap, reliable energy, citing rising costs from renewables, government policies, and subsidies, leading to higher household bills and undermining Australia's baseload power supply.
The Albanese government claims to be delivering a 'cheap and reliable' renewables plan. But this is clearly not the case, the numbers don't lie. Let's have a look at what energy retailers are saying. In AGL's annual report, the generation cost of coal-fired power was almost 3 times cheaper than renewables. And when considering the Fuel cost, coal was still 56% cheaper than renewables.
Rising green compliance costs, subsidies, and higher bills show renewables fail; coal ensures affordable, reliable baseload power and prevents further energy price hikes
Coal powers Australia
Let me be clear - the more that renewables force themselves into the energy grid, the more that Australians will be paying as both consumers, and as taxpayers. Between intermittent wind towers and solar panels, 'green' compliance costs, taxpayer funded subsidies and higher electricity bills, it is certain the renewable energy transition is not in the best interest of our nation.
Australian households are paying 20% more for their electricity than they did 2 years ago, and it is a shame because this supply shock on dispatchable, baseload electricity was imposed by the Australian governments, on Australians.
Only coal can supply the industrial standard of cheap energy that DRIVES Australia. So when the Liberals or Labor are promising cheaper energy, they better be promising to keep our coal fired power stations open.
Pictures from Parliament of Victoria website.
Source: http://gippsland.com/
Published by: news@gippsland.com
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