'Shouldn't be paying to keep coal and gas': Green energy backers attack capacity market proposal

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Renewable energy advocates are warning against locking in extra payments for coal and gas, saying it could derail the switch to clean power.

Renewable energy advocates are urging state and federal governments to avoid extra payments to coal- and gas-fired power plants to ease Australia's energy woes, warning they could derail the move away from fossil fuels.Greens leader Adam Bandt says a proposed capacity market risks pushing out investment in wind and solar power

The bid comes amid one of Australia's worst ever energy crises, in which wholesale electricity prices have soared to record highs on surging coal and gas costs and there have been fears of widespread blackouts. "We need accelerated investment in new wind, solar, transmission and batteries, not more money for coal.

The idea has been formulated by the Victoria Energy Policy Centre , which has suggested a capacity market would be incapable of underpinning the investment needed for an electricity system running on renewable energy. The centre noted that private investors already had "considerable interest" in building new solar and wind plants as well as transmission lines.

 

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If no coal and gas mining in Australia, who pays for NDIS, welfare, health, education and everything else ? And ABC $1billion annual budget ?

Once again I notice in this thread that the same people arguing against cheaper renewable energy are the same pack of child abusing antivaxxers.

While desirable, RE is still a long way to meeting the needs. It is so unwise to cause social unrest due to foolish alarmism about fossil fuels.

They need to be paid to sit idle so they are available when renewables aren't available. These 'green' energy backers will decimate our once reliable power system for profit.

Idiot greens and have a close look at Germany, Great Britain, Argentina and Sri Lanka. Going green shuts down the economy and it’s happening right in front of you , wake up or fark off

No, you can have blackouts for free.

The ongoing CLIMATE CRISIS is waiting for no one.

Cough cough, Contrary to Green party claims, despite having a large battery farm as backup, South Australia derives 40% of electricity from dispatchable GAS! Try get some empirical evidence rather than snorting ideological fallacy.

You wouldn’t have to pay them to operate if you hadn’t crippled them in the first place with unreliables mandates.

Yes China order you western countries to go green and buy green tech from China, now send all your money to China, you pay for China military to be most powerful in world, now follow order you western puppet clowns or else.

This is what happens when you spend hundreds of billions on solar and wind:

You know what they say: Bandt-sh*t-crazy. Hasn’t daydream believer AdamBandt seen what’s happening in Europe? How’s Germany going these days, Adam? auspol

I wish we could individually choose our energy supply. Greens could choose to get their energy from RE. and I could choose to get energy from the cheapest reliable source. After that the only job left for the greenies would be to convince people to buy expensive unreliable power

Almost 10 years of sabotage by the LNP. Australia could be the global leader in renewables. Instead, we've got to play catch up. Study done by Australian National University.

Green energy backers should stop using this energy then.

Instructions for our green/teal friends. Do this, buy solar panels, buy battery. Nothings stopping you from going off grid

You need a stable base supply. Unless they want nuclear

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