It was sold to pay the unsustainable debt the incompetence of John Bannon left this state.
For just $9million a year, the Port Augusta power plant could have been kept operating, and the availability of subsidised (by slugging consumers) wind power had much to do with its closure. If wind power is cheap, why does it need subsidising? Coal power is about six to eight cents per kilowatt hour.
Nuclear is a little more. But wind power is 16-18c/kwh and solar power a whopping 40c/kwh. It’s time to axe the subsidy.
Why did this state’s power costs double about three years ago? The root cause is wholly and solely the Weatherill government, with its obsession with renewable energy. A sensible mix is 20 per cent renewables but Weatherill wants 50 per cent which, as we have found out, is playing with fire.
If coal is on its way out, why is China building 1000 plants, India another 350, and both Germany and Japan getting in on the act? Germany said it would be 100 per cent renewable. That did not last long. They found it unattainable.
Why were we paying 32c/kwh when those in Victoria and New South Wales were paying only 16-18c/kwh? This seems to have a lot to do with the subsidy paid to wind farm operators and the flawed solar feed-in tariff. We can thank state Labor for these two imposts. Other states which have privatised their power assets do not pay what we pay.
The blame for our outrageous power prices rests with those on North Terrace. Nuclear power is the only system that ticks all the boxes. Bring it on.
Kym Bray, Port Victoria