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Showing posts from December, 2018

Powering Forward - The Australian Government's Answer to the Energy Crisis

Following on from last week's article, Nuclear Power Won't Reduce Your Electricity Bill Like You Think, the Australian Government launched a new initiative and website called Powering Forward.

The site serves two purposes, the first of which is to prompt individuals to take action over reducing the cost of their own electricity bills.

Often individuals will simply stay with their current energy provider despite receiving impossibly high bills because it's perceived that changing providers is just too hard. A situation that energy companies definitely exploit, knowing that a good percentage of their customers won't take any action to find cheaper alternatives.

Along with assisting individuals to find cheaper providers the site also lists government rebates and other schemes people may be entitled to if they're experiencing financial hardship.

The other key function of the Powering Forward website is to outline the Government's plans for the future and how they …

Nuclear Power Won't Reduce Your Electricity Bill Like You Think - Australia's Energy Crisis

Australian energy consumers are currently in a crisis, receiving some of the highest power bills in the world, making us a prime target for the nuclear energy vultures who claim their industry will bring the cost of electricity down.

It's a smoke and mirrors argument when you consider the cost of actually producing electricity isn't the main reason for Australia's ever increasing consumer electricity prices. Hypothetically, even after the cost of installing nuclear power plants, the actual cost reductions won't be as dramatic as the nuclear energy industry would have you believe.
According to this article, A high price for policy failure: the ten-year story of spiralling electricity bills by David Blowers, published in January 2018, the two biggest factors are the cost of the network (transporting electricity), and the retailer margins (cost of billing and servicing the customer). These are followed by the wholesale cost (actually generating the power), and the enviro…

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