Wednesday, July 22, 2015

When talking renewables you must also talk numbers

It's ok to have good intentions but the need to be funded. So, the generation price for Solar is $190/MWh or about 20c per KWh, and according to the chart at the bottom the Australian buy price is about 50c (AU after conversion from US). If we were to increase our proportion of renewables we will send electricity prices through the roof.

I'n not saying we shouldn't but we need to go in with our eyes open. And not be surprised when old people start dying (more) because they can't afford to heat their homes.

DISCLAIMER: This is a quick and dirty analysis - I haven't cross referenced either of these posts but they do accord with what I've already heard. Face validity at least.

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