Two things came tumbling down yesterday, the wholesale price of electricity by as much as 20.9% in the eastern states, and the 50 year old Liddell coal fired powers station's polluting smoke stacks. As cheap renewable power passes 50% of power generation, the reliance on expensive fossil fuel power is being negated. Great news in my opinion.

http://www.abc.net.au/news/2026-05-26/power-prices-fall-in-latest-dmo-release/106718250

http://www.abc.net.au/news/2026-05-26/liddell-power-station-demolished-to-make-way-for-energy-hub/106699870

Hello Paul,

The short-sightedness of the renewable energy alarmists is hard to fathom.

Is it because the next door neighbour was an early adaptor of solar technology and is still getting the $0.45/kWh rebate all these years later and that green-eyed monster sits on their shoulder?

Is it because some are "consultants" to the coal industry or employed in that industry and fear for their livelihood?

Is it because they have been deluded by talkback radio shock jocks or sky "news" or have become scared from the nonsense from sources such as the Spectator?

Is it maybe because they dismissed and denigrated the idea as a fad all those years ago and it is now too painful for them to change their opinion?

I seriously think that some of them just wish that they could throw a term like "woke" around and we'll slip placidly back to the 1950s.

It is the fundamental nature of wind and solar that makes it fail as a dispatchable power source. That the wholesale price goes to zero when the sun shines is entirely predictable. What you guys should look at is the twenty billion plus being paid to the koala clubbing grifters each year. Why do wind and solar generation need subsidies when they are the fastest and cheapest? Why is all our mineral processing going to coal fired countries?

The announcement by the energy regulator that it was cutting wholesale electricity prices by substantial amounts was a real "shock", akin to getting zapped by 240 volts from their cheap Chinese toaster, to the naysayers, who perpetuate lies about renewables not being the cheapest form of new energy for Australia. I hope the same naysayers bury their utterly ridiculous $600 billion spend of taxpayers money on the nonsense of nuclear power stations which would have generated 3.7% of Australia's end use electricity, if they had actually got into full operation in 30 years time.

Do we all remember Alan B.
He used to rave on about the thorium.
Shame he didn't get to see this.

China Achieves Proof of Thorium Reactor Fuelization, Bringing World’s First Commercial Deployment Into View
http://economy.ac/news/2026/04/202604288819
Experimental thorium molten salt reactor converts material into nuclear fuel
Construction costs stand at one-quarter of Western levels, reshaping the market through the “manufacturing industrialization” of nuclear power plants
Inner Mongolia reserves alone secure the potential to supply electricity for 60,000 years

Hi Fester,
Let's hope they don't build their nuclear power plants as poorly as their roads, bridges and buildings.
That could be bad.

They're still struggling to mix concrete and do engineering projects properly it seems from your vids, just as they were struggling to make steel properly a few decades back when a 10mm spanner would break within a week...
Maybe they're rising too high too fast, and have cut a few corners to get there.
Teething problems... they've climbed out from under rickshaws and rice paddies, become the global leader in manufacturing everything in a generation or so putting everyone else out of business.

The Chinese have HSR and are sending freight trains to Iran, and the U.S has 1700 train derailments a year.
Some of the things they do might seem a little halfarsed and also a bit backwards, but they're doing some amazing things nonetheless.

"the wholesale price of electricity by as much as 20.9% in the eastern states,"

Of course, the cultists always talk about the wholesale price because it can exclude all the other costs that are so detrimental to the wind/solar narrative.

News flash.... people don't pay wholesale, they pay retail.

Australian Bureau of Statistics latest figures (April 2026) shows retail electricity prices (you know, the prices people actually pay) rose by 22.9% in the previous twelve months. Come back to us when retail electricity prices (you know, the prices people actually pay) falls by some substantial amount.

FYI, retail electricity prices (you know, the prices people actually pay) have risen by 55% in the last decade. We'll need to see a decade or so of substantial sustained price falls just to get us back to the position we had before this whole stupid renewables mania took off.