Australians are witnessing a sudden collapse that has taken years of sluggish incompetence to bring the nation’s energy market to a halt.
After years of slow failure in plain sight, the Australian energy system has hit the wall. This is a moment like the collision at the end of a slow-motion crash test video when the car crumples under pressure. Anyone watching could see the jolt coming for the crash test dummies.But this is no test: Australian customers are in the passenger seats. This is a live experiment with an electricity market that is no longer up to the essential task of serving households and businesses.
The immediate issue is the inability of the national electricity market, created in 1998, to handle the pressures that have inevitably followed the absence of a settled agreement at the political level.
CroweDM We paid for the energy infrastructure, then our Govt's sold it, now we have to pay it again. Someone is making a fortune because our Govt's sold a money making enterprise for short-term gain.
CroweDM But we have all that clean coal - well, for others but not us.
gggillyC CroweDM Bit ironic that you're pointing that out now, eh?
CroweDM
CroweDM Bring back elcom, the deregulation privatisation of utilities has been an absolute con job. Let's hooe this kills any plans to privatise sydney water.
CroweDM By 'everyone' you mean the former Federal Government
CroweDM Labor and greens tried, but then the media elected Abbott to repeal it. auspol
Buns45564943 CroweDM The LNP Power Shortage & Price Increases AngarseHole MineTaylings Hid from Australia til after the Election! They knew it would wipe the LNP out!
CroweDM Energy market is a crash everyone saw coming, but did nothing to stop...... during the 9 year Liberal/National government. Labor hasn't wasted time in trying to fix the LNP failures. Only problem is fracking more gas is not the solution.
CroweDM why is this story just being published when the sale contracts were written all those years ago........lazy journalists
CroweDM “The nation’s political system has been unable to prepare for changes that everyone has seen coming”.Media like The SMH enabling the LNP to maintain power with their editorial support are responsible for the failings of the political system.Undermining democracy has consequences
CroweDM Politics cuts both ways. Politics also means I should not be deny the right to own a 'wood fire heater' as a 'hedge' for these market failure.
CroweDM Can Bev confirm if the coal-fired power stations are on strike?
CroweDM If Australia had a proportional voting system then coal based electorates would not have had the undue weight they actually had. AntonyGreenElec And what is abundant is complacency and the belief there will be perpetual growth and that this is good
CroweDM Nine miserable years of doing nothing to stop
CroweDM Did either of you two chumps see it coming, ScottMorrisonMP AngusTaylorMP? 🙄
CroweDM There is nothing rational about the generator responses. There is a choice. Do what you're allowed, or what is right. One of those choices is always better in the long term (hence more rational). It's a bit like outing a gay person without consent. I am sure you understand.
CroweDM Too busy being brain washed by the green movement. Interesting to see the successful nations in 2030
CroweDM Thanks Barnaby. Thanks Tony. Thanks Angus. Thanks George. Thanks Scott. For nothing. Remember these dicks? Only one party to blame, David.
CroweDM And by ‘everyone’ you mean the Liberal/National government and their climate denying lackeys in the media.
CroweDM No David Crowe. The blame sits squarely with AngusTaylorMP who was in charge of our energy infrastructure for years and was beholden to the fossil fuel companies who are now profiteering from the confluence of market factors.
CroweDM But but Labor has a plan..
CroweDM Everything’s crashing 😂 We should all jump off a cliff
CroweDM Liberal party policies
CroweDM 'The country is paying the price for the divisions within the Liberals over the transition to clean energy and the outright denial in the Nationals of global warming and the need to act quickly to reduce the reliance on coal.' Yep, Spud and Matty Caravan should take note.