The Climate, Environment and Energy Thread

[ElwoodBlues1]

Look at AEMO announcement today, just to replace the coal on the announced schedule, we basically need fivefold or tenfold increases in every alternative over the next 10 to 20 years, including gas, hydro, solar, wind, battery, (Actually battery they state a 20x more investment is required.)

Then they go on to claim it's still $120B of investment needed, what a joke, they are surely taking the piss because people won't do the basic math. The $120B might be the starting figure, but it's going to be many times that, maybe $360B will get the job done, $120B will just be the deposit.

A footnote to that plan...: This $122 billion value includes transmission augmentation, utility-scale generation and storage capex, and does not include the cost of commissioned, committed or anticipated projects, consumer energy resources, distribution network upgrades.
Augmentation means to add to what we have....thats not what the Gencost document suggests in terms of transmission line planning, it was upgrading the old/new 220kv lines rated for higher temperatures to carry more load and a seperate 500kv System connecting to the NSW system....those towers are higher than what we have now and the easements larger....who is paying for all that?