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.

Okay, so the aemo data dashboard says the wholesale price is zero or negative, but what doesn't the figure show? Yes, twenty billion plus to koala clubbing grifters for sure, but what is the subsidy paid per unit of generation? Also, wind and solar might be generating power that the dashboard doesn't show, and guess what? Yep, we pay the grifters for that too, and I've been hearing stuff about a five dollar a day connection fee.

This stuff about wind and solar being the fastest and cheapest dispatchable power is false. Australians are being conned big time.

Hi AC,

Quality control is harder in autocracies.

As usual there is something very fishy about the reported reduction in power prices.

Apart from being way off the $275 “promised” over and over again, South Australia copped an increase in price. So, the cause of the reported decreases can't be attributed to renewable energy.

SA is the second biggest state user of renewables, at 74%.

Tasmania 95%
SA 74%
VIC 37%
WA 35%
Old 27%
NT 20%

Paul,

" 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,"

That was a BS claim concocted by a Labor think tank. What you should be pondering is why Snowy 2.0 will cost over forty billion as well as why so many other costs associated with renewables infrastructure have risen several fold. The french built 150% of their electricity supply in just fifteen years for six hundred billion in today's dollars. Why isn't there a world wide effort to do the same if we are facing an existential crisis?

Hi Fester,

Snowy 2.0 was another energy fiasco started by the previous Noalition Government, that of Turnballs. The costing and such was never realistic, a bit like Dud Dutton's $600 billion Nuk Power brain fart. Labor has been left the clean up job for the "Turnballs Folly".

The wholesale price of electricity (the cost of generation) is the biggest input (30% to 40%) of the retail cost. A substantial drop in the wholesale price translates to a substantial reduction in the retail charge to the consumer. This is down to the cheaper cost of renewables, as opposed to the costs associated with fossil fuel generation.

You can't bring yourself to the reality that you are wrong about renewables, and wrong about fossil fuels as well. If we were talking about a sinking ship, I'd have to say the "SS Fossil Fuel" of which you are the First Mate, is going to sink with the loss of all hands.

According to Canstar, the regulators this week confirmed price drops of up to 8 per cent from 1 July, in the Eastern states, and South East Queensland, which for a typical household, translates into savings of up to $160 in 2026/27.

Canstar research shows if a typical household in Melbourne switched from the default to the lowest priced plans in 2026/27 they could potentially save $400.

Paul,

You are demonstrating the idiocy of being a political goon. You don't consider things critically or logically. You just keep repeating the same nonsense that Magoo or whoever else tells you to.

Who did what is irrelevant. What is idiotic is you coming here claiming that wind and solar are cheap when the wholesale price drop is the predictable result of having wind and solar in the system, while ignoring vast subsidies to koala clubbing, environment and farmland destroying grifters (yes, seven Tasmanias in area) as well as the huge amount of money being burnt on white elephants like Snowy Hydro.

How is wind and solar faster and cheaper than nuclear when the french built their power one and a half time over in fifteen years half a century ago? No, you can't give a logical answer because your goon minders won't let you think. Your job here is to mislead people and hide the truth.

Hi Fester,

You have something in common with Fungus Taylor, when others don't agree with you, you resort to name calling, in this case "politic goon", for Fungus it was calling Albanese an "arrogant prick" in parliament yesterday.

As for the French and nuclear power, under the circumstances that existed in France at the time, nuclear was a viable option. Saying that, does not mean nuclear power generation for Australia is viable today. The Noalition under Dud Dutton had nothing else to offer, but it was to total nonsense, a $600 billion nuk power brain fart.

https://www.facebook.com/reel/859673390484884