Post by Rich80105Post by Willy NillyPost by GordonHaving built the wind capacity we might as well take the 10% and keep the
lights on.
Wind contributes nothing to keeping the lights on -- its paltry
contribution is trivially replaced by hydro & gas, while coal keeps
https://www.transpower.co.nz/system-operator/live-system-and-market-data/consolidated-live-data
Well done on spotting the problem early, Willy Nilly. You are quite
correct that Coal is being used today - and yes it is still needed for
high demand situations. The system is working exactly as it was
designed to work - enabling all generators to enjoy a higher spot
price - expect to see a rise in electricity bills. The Generating
Companies all benefit of course which some of those that do have
Resource Consent for more Wind and Solar have left those developments
not started - too much wind generation just restricts the opportunity
to profit from times when Coal is needed. It is a good system for
generating profit, and National must be very pleased as I would expect
some of their political donors will have held shares in those
companies for a long time, and seen really good yields.
So if you get a bit startled by the increase in your electricity bill,
just say a small thanks to Bradford, who set up the system that was
also helped by a cheap sell off of Gen company shares. I you are a
government that puts profits before people, this is really, really
good! Well done Luxon, - but how many times do you think he can get
away with such handouts at your expense before even National
supporters get a bit upset?
Yet again you roll out the same old sarcastic dismissal of the
'Bradford reforms', willfully ignoring that these were a continuation
of reforms started in the 'Rogernomics' era. You also willfully
ignore that several Labour governments have failed to address these
issues yet you never mention that failure.
With the exception of Contact Energy, all electricity generation is
controlled by SOEs, some of which have minority private ownership,
sold by the National government of the day to pay back government debt
that had spiked upwards because of the recovery work required after
the Christchurch earthquakes.
Don't let the facts, or the failure of Labour governments before and
since, get in the way of your political rhetoric Rich. Its all you
have.
Post by Rich80105Do you have a connection with the industry, Willy Nilly?
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Crash McBash