Today's media announcement by Premier Annastacia Palaszczuk is inaccurate - particularly the following quote - so we are providing these graphs from the "ACCC Retail Electricity Pricing Inquiry: Preliminary Report 22 September 2017" to demonstrate the truth.
The federal government’s National Energy Guarantee is likely to increase reliability in electricity supply, but is unlikely to provide a meaningful decrease in electricity prices because of the continued increase in the penetration of renewables.
It will forgo that to reap increased profits from electricity prices which are moving higher because of shortages of generating capacity. This is a self-generating vicious cycle for electricity consumers which enriches power generators to the detriment of consumers and business.
The CCC’s recommendation that property developer contributions at local and state level be banned is wrong in principle and will be dangerous in practice.
The Australian Institute for Progress welcomes TransGrid’s support for the idea we floated two weeks ago of adding capacity to the Queensland New South Wales Interconnector
The quaint idea that the intellectual property of Australia was somehow created by Aborigines, Anglos and (mostly) European postwar settlers misrepresents the truth.
Premier Annastacia Palaszczuk’s State of the State speech is misleading, and at times completely wrong, on electricity issues.
But renewables are in fact more expensive, and if you want to cure high prices, the last thing you would do is dose up on the problem.
New South Wales faces a power shortage. This could be fixed by increasing interconnection with Queensland. At the same time as it secured New South Wales’ supply it should decrease the cost of electricity in Queensland.
She brushed aside honour killings with “when you look at countries like Australia and the US, the top killer of women is domestic violence. But we choose to refer to it as domestic violence..."