jrobens

🚨 AUSTRALIA'S RENEWABLE ENERGY DISASTER: WHOLESALE POWER PRICES COLLAPSED 47%! ⚡😂 Someone better check on Matt Canavan and Sky News. The numbers aren't following the script! Australia's average wholesale electricity price has plunged from $140/MWh to just $74/MWh, the lowest June-quarter average since 2020. And here's where it gets deliciously inconvenient for the anti-renewables brigade: ☀️ Renewables supplied a record 42.1% of electricity. 💨 Wind generation jumped 20%. 🔋 Batteries increasingly shifted cheap daytime electricity into the expensive evening peak. 🔥 Gas generation fell around 30%. 📉 Extreme wholesale price events collapsed from 66 to just 3. More renewables. More batteries. Less gas. Cheaper wholesale electricity. Now, lower gas prices also helped, and wholesale prices aren't the same as household bills. But the tired argument that renewables inevitably send electricity prices through the roof is looking increasingly ridiculous. Meanwhile, Australia's proposed nuclear reactors are still waiting for their first shovel, let alone their first kilowatt-hour. Solar, wind and batteries aren't waiting for permission to disrupt the energy market. They're already doing it. The energy transition isn't a theoretical debate anymore. It's showing up in the data. And the fossil-fuel cheer squad is running out of excuses and their crocodile tears. ⚡🇦🇺 #SWB #Renewables #BatteryStorage #EnergyTransition #Australia #Bettrification