@MurrayCoad@FootnotesGuy We own our homes for an average of 11 years. So the capital payback of rooftop solar is obvious. Plus it adds to the asset value of your home.
You must think we’re dills.
@MurrayCoad@FootnotesGuy The folks who actually know how to make investment decisions are standing up wind, solar, and battery projects.
Aussie households invest in rooftop solar.
No one is gonna trust you to invest their super in coal plants.
@MurrayCoad@FootnotesGuy No one takes any notice of Aiden.
He just hates big numbers and investing in Australia’s future. He wants nothing to change.
The rest of us want cheaper power and to stop burning shit.
4 million Aussies with rooftop solar aren't wrong.
@MurrayCoad@FootnotesGuy Gencost shows that new-built coal is more expensive.
Taxpayers are not going to support state governments building coal generators rather than hospitals and schools.
Australia is replacing coal and gas power with solar and wind—
At the turn of the millennium, Australia got more than 80% of its electricity from coal. This has dropped to less than 45%.
The chart shows how the country’s electricity mix has changed in recent decades.
In the 2000s and early 2010s, coal was initially replaced by gas, with only moderate growth in solar and wind. But in the last five years, solar and wind have been deployed much more quickly.
Gas is now on the decline, too. In 2023, solar overtook gas to become Australia’s second-largest electricity source.
While coal is declining, it still supplies much more of Australia’s power than most high-income countries.
(This Data Insight was written by @_HannahRitchie and @parriagadap.)
Most energy myths begin with same mistake: counting waste heat as useful energy. Remove that distortion & fossil fuel energy density shrinks, renewable capacity factors become less relevant, & claims about replacing all primary energy collapse. Efficiency changes the equation.
@jenmarketting Now, if you have a substantive point to make, here's your chance.
If none of this makes sense to you, then feel free to resume trolling. 🤣
@jenmarketting That is trivial, especially if it’s only hitting a 5% CF.
So, for all your silly trolling, you completely fail to understand the trends driving FF generation out of the NEM.
It’s simply too expensive to be competitive.
@pm_mcd@EVCurveFuturist We haven’t finished.
But we won't be building any new coal plants, and possibly no new gas generators either.
The plan is working well.
Gas spent 20 years owning the evening peak. Batteries took a year to crash the party.
That's disruption. Not gradual, but a rapid shift in who supplies grid's most valuable hours.
The battle was never about total generation. It was about the peak & batteries are winning it.