Last Chance Hotel: Australia’s Energy Crisis at the Crossroads

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Anyone who fondly imagines that wind and solar power are about to become as cheap as chips in some glorious renewable future, should read this tale of Australian woe.

No way back from here: Malcolm muddles & Frydenberg fudges.

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Australia’s energy crisis is a self-inflicted calamity with no apparent end in sight.

The PM, Malcolm Turnbull seems intent on protecting his son, Alex’s investment in Australia’s most notorious wind power outfit, Infigen (see our post here).

While his gormless Energy Minister, Josh Frydenberg behaves like a punch-drunk boxer, who cannot land a punch and with absolutely no idea what’s going on around him.

Into that mix strides Alan Finkel; a boffin tasked with trying to rescue Australia’s power grid from imminent collapse, the consequence of loading it up with intermittent, chaotic and erratic wind and solar power.

Some see Finkel as the Great White Hope.

STT will reserve its judgement on that matter: bright and shiny ideas are one thing, implementing them over a pack of rabid, salivating rent-seekers out to prevent you from doing so is…