After many studies it has come to light that Australia has some of the highest costs of energy in the modern world. South Australia has been marked as having the third highest price in the developed world. Quote: [TABLE] [TR] [TD="class: alt2"] [HR][/HR] A report released today by the Energy Users Association of Australia, which compares 2011 household electricity prices in 92 countries, states or provinces, shows South Australian prices are the third highest behind Denmark and Germany. [HR][/HR] [/TD] [/TR] [/TABLE] http://www.adelaidenow.com.au/news/s...-1226305741810 This would be set to rise to the number one position sometime this year Quote: [TABLE] [TR] [TD="class: alt2"] [HR][/HR] Association executive director Roman Domanski, however, said it was only a matter of time before SA would have the world's most expensive power prices. "It will go to top of the tree ... the way things are going at the moment, it could even be this year," he said. [HR][/HR] [/TD] [/TR] [/TABLE] http://www.adelaidenow.com.au/news/s...-1226305741810 The eastern sea board of Australia round out following positions with the only exception being Tasmania. No surprise that the ACT has the lowest price for POWER in Australia. Considering that Australia is Selling it's own resources to power other nations that pay far less for their power, one would have to ask Why? Quote: [TABLE] [TR] [TD="class: alt2"] [HR][/HR] South Australian Liberal leader Isobel Redmond seized on the report; apportioning blame on the state's uptake of solar energy and wind power for the price hike. [HR][/HR] [/TD] [/TR] [/TABLE] http://www.energymatters.com.au/inde...rticle_id=3124 JUST TO CLARIFY THIS STATEMENT Quote: [TABLE] [TR] [TD="class: alt2"] [HR][/HR] Claims by South Australian Opposition Leader Isobel Redmond that wind and solar power were major contributors to electricity price rises in South Australia are incorrect says the Clean Energy Council. [HR][/HR] [/TD] [/TR] [/TABLE] From the same article But am I right to assume that South Australia gets more energy from renewables than any other state? Quote: [TABLE] [TR] [TD="class: alt2"] [HR][/HR] 26% of South Australia's electricity was sourced from wind power last year, more electricity than was generated by coal-fired power stations. [HR][/HR] [/TD] [/TR] [/TABLE] again from the same article This is before a carbon TAX or ETS. Quote: [TABLE] [TR] [TD="class: alt2"] [HR][/HR] Roman Domanski says the price disparity is only likely to grow. ROMAN DOMANSKI: The three key factors that will increase prices again in 2012 are firstly, the network charges; these are the charges for transporting electricity across poles and wires. Secondly, the subsidies that are paid by people to support renewable energy. And then the third significant impact will be the introduction of a carbon price from the 1st July. [HR][/HR] [/TD] [/TR] [/TABLE] http://www.abc.net.au/worldtoday/con...2/s3460106.htm So how much more could it rise. 30% like some would predict? Perhaps it should be taken into account Quote: [TABLE] [TR] [TD="class: alt2"] [HR][/HR] The draft Energy White Paper released in December predicted that as much $240 billion worth of investment would be needed to be spent on generation, transmission and distribution in the period to 2030. And the Government has pledged to remove the impediments to attracting that sort of private capital, including retail price regulation which is handled by the states. [HR][/HR] [/TD] [/TR] [/TABLE] So private industry have the ability to invest into the Australia. IF this takes place where is the $240 billion going to come from? The consumer, one way or another. So Forgetting Carbon Tax or ETS, Australia will soon become number one cost to consumer of power prices. Any thoughts? Thread started at Forum 4 Politics on 04-03-2012 08:49 AM
