Thank you for representing us and getting a senate hearing on these issues. These organisations have become corrupted and self serving. I don't understand why transurban has a monopoly on installing our transmission lines. Surely there should be at least three companies competing for these projects?
My energy bill tripled compared to the same billing cycle time last year... and I've been even more energy conscious than ever. If it wasn't for the State government (election bribe) handing over $1000 to energy retailers for each household in Queensland, most of the State would be dark by now. Trans urban the Toll thieves and now Trans Grid the energy scammers ... bound to be a success in sucking the last blood from our veins for sure.
I find it quite interesting that including nuclear as an option and valuing long term infrastructure properly out to a 60 year life would make nuclear a compelling option on the Australia grid, but also improve the case for transmission projects Assessing things on investor timeframes isn't a good long term choice
> nuclear ... also improve the case for transmission projects I believe the problem with your statement, from the current government's perspective, is that it doesn't improve the case for transmission projects to the places where wind/solar are harvested. Nuclear would only improve the case for transmission along the existing corridors :) as that is where the NPPs would be built anyway.
The final cost of Bowen's renewable's system will massively exceed any figures getting tossed around at the minute. Where are the costing's for the 8 or so Base load Gas fired Generator's that are critical to the reliability of the entire system.
We have all seen the effect of post pandemic cost increases on the construction industry. It was completely understandable that they sought a higher cost price agreement. They need to deliver this project.
Sadly Australia Still Does Not have the Ability to Build and Install Long Underground/Undersea Cables. Some of Our Grid Changes Should be Underground, Horizontal Drilling Grids.
The cost of Energy is set by the most expensive Energy not the cheapest. Pumped hydro and batteries, buy cheap energy and sell expensive energy. There is no Energy Transition it just building a renewables system and a backup system and then after they both fail a gas based system. We now have 300% the energy capacity just to make renewables "work".
So is the privatisation of energy a good idea? Is it possible to create a "free market" in energy? Does the energy need of our population get served when competition is so obviously hard to create (with massive barriers to entry) and ultimately the government trys to step in - an act that ultimately fails due to the dodgy relationship between government and corporates resulting in constant subsidies to corporates, payed back to both our elected pollies and unelected (staffers etc) as cushy jobs?
I love when I watch things like this that are so confidently incorrect. How about looking at how the energy market operates and come back to this video. Easy to hate on transgrid given their most recent issue at broken hill
Why buy off a sprawling company's grid when I can supply it myself. F#*k the big energy companies and the stupid regulator. Independence from giant companies' energy grids is the way of the future.
It's not the percentage of wild AC the public power grid is having to support from wind turbine and solar voltaic generated electricity that is substantially important, but its fuel savings, which is little to non. In the US the advertised fuel savings for supporting the wild AC from wind turbine and solar voltaic generated electricity supported by the electric utility grid is 1% each. That number is likely rounded up significantly. The practical use for wind turbine and solar voltaic generated electricity is for maintaining electrical energy storage such as charging storage batteries or working with something similar such as hydropower. It can use less natural gas to run natural gas turbine generators at high efficiency 85% output where they can make full use of a steam cycle adding 50% higher efficiency, which is a natural gas combined cycle plant, making all the electricity than to 100% instantly back up a wind generator farm for the same electrical output to behave as a scheduled power station. Instant 100% backup requires natural gas turbine generators running at high availability consuming 70% of the fuel of full output, but making little electricity. In fast response peaking applications the second steam cycle made from the hot exhaust can not be used that adds another 50% efficiency. The cheapest incremental electricity is from hydropower and nuclear power. Second to those in the US would be a new ultra supercritical clean coal plant burning high BTU bituminous coal at about 1/3 the fueling cost of cheap US natural gas at an offseason wholesale price in early summer 2024 of $2.50 per million BTUs. Winter peak natural gas wholesale prices can be several times higher.
Except, of course, when it isn't. And if you don't like the dodgy accounting exposed here, just wait for the dodgy accounting that will be necessary to make nuclear look viable.
You don’t need to trust them, everything they’ve said is based on publicly available information, which means you or anyone else can check their claims.
''Although there are no explicit ties between the CIS and the centre-right Liberal Party, the CIS is politically aligned with the Liberal Party, praising Liberal Party founder Robert Menzies, hosting various Liberal Party politicians and holding very critical views of the Labor Party.'' Wikipedia.
Who is the Centre for Independent Studies? Who funds this Centre for Independent Studies? Why is this supposed Independent Think Tank so negative on obvious required infrastructure? What disappointing rubbish.
Thank you for representing us and getting a senate hearing on these issues. These organisations have become corrupted and self serving. I don't understand why transurban has a monopoly on installing our transmission lines. Surely there should be at least three companies competing for these projects?
Transurban builds and operates Toll Roads
Transgrid build and operate power infrastructure
just found this channel and catching up on videos . awesome work, you deserve way more views and more people need to see this stuff.
South Australia is the worst. Energy rates here are excessively high. Why are people not complaining about this?
Because we're saving the planet
Agreed.
We get paid bugger all feeding the grid.
My energy bill tripled compared to the same billing cycle time last year... and I've been even more energy conscious than ever. If it wasn't for the State government (election bribe) handing over $1000 to energy retailers for each household in Queensland, most of the State would be dark by now. Trans urban the Toll thieves and now Trans Grid the energy scammers ... bound to be a success in sucking the last blood from our veins for sure.
Thanks for the investigation and video. Great work
Thanks
I find it quite interesting that including nuclear as an option and valuing long term infrastructure properly out to a 60 year life would make nuclear a compelling option on the Australia grid, but also improve the case for transmission projects
Assessing things on investor timeframes isn't a good long term choice
> nuclear ... also improve the case for transmission projects
I believe the problem with your statement, from the current government's perspective, is that it doesn't improve the case for transmission projects to the places where wind/solar are harvested.
Nuclear would only improve the case for transmission along the existing corridors :) as that is where the NPPs would be built anyway.
@@factnotfiction5915 : Existing corridors service all of Australia's needs.
Note to self: Rebuild my Lister CS diesel; it'll be needed for power backup duties in the coming years.
The final cost of Bowen's renewable's system will massively exceed any figures getting tossed around at the minute.
Where are the costing's for the 8 or so Base load Gas fired Generator's that are critical to the reliability of the entire system.
One of the main drivers for inflation in this country.
Great analysis
And that my dear is now another reason why for 14 years with grid connect solar I finally cut the grid off at home and went totally offgrid
Good call, but the shame of it all is that the cost shenanigans affect the price of everything else that we buy.
The wholesale destruction of our land and sea environment for the sake of these expensive renewables is disgusting.
Thank you for such a cut through video exposing how Transgrid has worked the taxpayer over and been allowed to.
We have all seen the effect of post pandemic cost increases on the construction industry. It was completely understandable that they sought a higher cost price agreement. They need to deliver this project.
This has been going on for decades. Have you just found out?
$275.00
Sadly Australia Still Does Not have the Ability to Build and Install Long Underground/Undersea Cables.
Some of Our Grid Changes Should be Underground, Horizontal Drilling Grids.
The cost of Energy is set by the most expensive Energy not the cheapest. Pumped hydro and batteries, buy cheap energy and sell expensive energy. There is no Energy Transition it just building a renewables system and a backup system and then after they both fail a gas based system. We now have 300% the energy capacity just to make renewables "work".
And we all breathe cleaner air due to renewables and the electrification of homes and transport.
Because the Parrahub tunnel goes directly below Snowy 2 the HVDC cables can go in there to power the Japanese SC maglev between Sydney and Melbourne.
Won't happen we are broke
Transgrid should be nationalised based on this conduct.
Government owned companies are worse than private companies
So is the privatisation of energy a good idea? Is it possible to create a "free market" in energy? Does the energy need of our population get served when competition is so obviously hard to create (with massive barriers to entry) and ultimately the government trys to step in - an act that ultimately fails due to the dodgy relationship between government and corporates resulting in constant subsidies to corporates, payed back to both our elected pollies and unelected (staffers etc) as cushy jobs?
Can't work out who takes top spot for the most misleading name, liberal, labor, the greens or the centre for 'independent' studies 😄
IKR
Labor and greens.
Nuclear electricity is grid electricity and grid electricity to replace fossil fuels is insane BIG grid capacity construction costs.
Corruption
I love when I watch things like this that are so confidently incorrect. How about looking at how the energy market operates and come back to this video. Easy to hate on transgrid given their most recent issue at broken hill
Renewables are the best way to milk the taxpayer.
Why buy off a sprawling company's grid when I can supply it myself. F#*k the big energy companies and the stupid regulator. Independence from giant companies' energy grids is the way of the future.
No.
Why do we allow atlas network dribble in the public domain.
🤣 Because they understand economics, unlike yourself. Haha
It's not the percentage of wild AC the public power grid is having to support from wind turbine and solar voltaic generated electricity that is substantially important, but its fuel savings, which is little to non. In the US the advertised fuel savings for supporting the wild AC from wind turbine and solar voltaic generated electricity supported by the electric utility grid is 1% each. That number is likely rounded up significantly.
The practical use for wind turbine and solar voltaic generated electricity is for maintaining electrical energy storage such as charging storage batteries or working with something similar such as hydropower.
It can use less natural gas to run natural gas turbine generators at high efficiency 85% output where they can make full use of a steam cycle adding 50% higher efficiency, which is a natural gas combined cycle plant, making all the electricity than to 100% instantly back up a wind generator farm for the same electrical output to behave as a scheduled power station.
Instant 100% backup requires natural gas turbine generators running at high availability consuming 70% of the fuel of full output, but making little electricity. In fast response peaking applications the second steam cycle made from the hot exhaust can not be used that adds another 50% efficiency.
The cheapest incremental electricity is from hydropower and nuclear power. Second to those in the US would be a new ultra supercritical clean coal plant burning high BTU bituminous coal at about 1/3 the fueling cost of cheap US natural gas at an offseason wholesale price in early summer 2024 of $2.50 per million BTUs. Winter peak natural gas wholesale prices can be several times higher.
Nuclear is the safest form of power. Safer than wind and solar.
Except, of course, when it isn't. And if you don't like the dodgy accounting exposed here, just wait for the dodgy accounting that will be necessary to make nuclear look viable.
All of this to complain about $21pa extra onto electricity bills. Seems to me the regulator is doing a great job.
Can we trust the CIS?
You don’t need to trust them, everything they’ve said is based on publicly available information, which means you or anyone else can check their claims.
''Although there are no explicit ties between the CIS and the centre-right Liberal Party, the CIS is politically aligned with the Liberal Party, praising Liberal Party founder Robert Menzies, hosting various Liberal Party politicians and holding very critical views of the Labor Party.'' Wikipedia.
Who is the Centre for Independent Studies? Who funds this Centre for Independent Studies? Why is this supposed Independent Think Tank so negative on obvious required infrastructure? What disappointing rubbish.
It must be disappointing to learn that the Labor Government is corrupt?? 😅😂😅
Well, Zoe Hilton has a Bachelors of science with first class honours. What qualifications do you have Peter John?
The Subsidizing of all the solar farms would probably have something to do with it ay.
Gross bullshit is net Zero!
The Centre for Independent Studies is a right-wing think tank - not very independent ? Donald Trump rides again !
🤡 😅 🤡