There is what? Approximately nowhere with high renewables penetration and cheap retail energy prices.
Australia has so much coal and gas we could have electricity plans similar to data plans: all you can reasonably consume for $80 a month, and it would still make approximately zero difference to global anthropogenic carbon emissions.
We’re plenty happy for everyone else to burn our LNG and coal. Our LNG is cheap the Japanese even resell it a profit.[1]
Instead, we have high renewables penetration and electricity prices that have increased at a rate three times higher than general inflation.
Do you accept that wholesale electricity prices in Australia can be wildly disconnected from residential retail prices?
Do you accept I am an Australian resident retail customer telling you I am not seeing any change in my $/kWh price, nor any offers from my any providers offering lower prices and higher solar input price than the plan I’m on now.
It doesn’t matter if wholesale prices are zero unless energy retailers are willing to compete to drive prices lower.
And they’re not. It’s a regulated market here in Australia.
Energy retailers in Australia are literally just a billing interface and a poor excuse for a call centre.
They’re not really adding value in the same way a farm & associated agribusiness > harvest > global storage and distribution > mill > commercial scale bakery > distribution > retail outlet does.
This reminds me of an amusing comment I read or heard the other day: eggs are now more expensive than chickens. Somethings not right there. And it’s mostly higher costs of energy, and extremely stupid egg production regulations.
> The cost of coal and gas to the Australian market could effectively be covered by royalties collected from exporters of same.
Or you could do the same with Solar and have more money left over. Having a subsidy rarely works out well, but subsidizing an inefficient system is making two different mistakes.
Where is this the case?
There is what? Approximately nowhere with high renewables penetration and cheap retail energy prices.
Australia has so much coal and gas we could have electricity plans similar to data plans: all you can reasonably consume for $80 a month, and it would still make approximately zero difference to global anthropogenic carbon emissions.
We’re plenty happy for everyone else to burn our LNG and coal. Our LNG is cheap the Japanese even resell it a profit.[1]
Instead, we have high renewables penetration and electricity prices that have increased at a rate three times higher than general inflation.
1. https://ieefa.org/resources/how-japan-cashes-resales-austral...