Energy bills to fall as gas and coal prices drop, renewables go ballistic – Michael West

Finally, good news for beleaguered energy consumers, business and Australia’s economy: wholesale electricity prices down 70%
— Read on michaelwest.com.au/energy-bills-to-fall-as-gas-and-coal-prices-drop-renewables-go-ballistic/

For the first eight months of 2023, China has installed a staggering 156GW of new wind and solar, up 120% year-on-year. This is equivalent to doubling the entire installed capacity of the Australian NEM built over the last few decades, yet China pulled this off in renewables alone in just eight months.

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About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
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