BOOM!
South Australia's power prices have plummeted as they near 100% renewables, proving to the world that relying on wind and solar with battery back-up is possible, more reliable and costs people less.

THIS is how we avoid the next oil crisis.

#EnergyRevolution #solar #renewables #australia #makeoilhistory #auspol #NZPol #NewZealand #iran

https://www.newscientist.com/article/2514985-this-states-power-prices-are-plummeting-as-it-nears-100-renewables/?utm_source=nickofnz&utm_medium=nickofnz

This state’s power prices are plummeting as it nears 100% renewables

South Australia is proving to the world that relying largely on wind and solar energy with battery back-up is incredibly cheap, with electricity prices tumbling by 30 per cent in a year and sometimes going negative

New Scientist
@nickofnz And no need for the Straight of Hormuz.

@nickofnz

BOOM!
South Australia's power prices have plummeted as they near 100% renewables, proving to the world that relying on wind and solar with battery back-up is possible, more reliable and costs people less.

Something the oil and coal lobbyists fear more than death :-)

@Kerplunk @nickofnz

Absolutely agree!

Actual proof of lower electricity prices with renewables....

Now where can I see that financially viable CCS on a coal fired power station or an actual production SMR?.. 😁

@nickofnz That's how is should be done. Unless you live in a country where corruption allows the renewables to be billed at the spot rate for fossil fuels.
@nickofnz Makes me proud to live in an energy-positive state. And within walking distance of two major solar farms, with a third in the pipeline, and being somewhere flat, so that I can see a ridgeline about 40km away which, when the light is right, lets me see that, possibly 5km, if not more, of that ridge, is turbines. Or giants, if you happen to be Don Quixote.
@nickofnz this is a great start, but it doesn't replace packaging, fertiliser, petroleum byproducts that are used in virtually every production process on the planet, there is still a long way to go...
@Vonskinnback @nickofnz when you stop burning petroleum as fuel, the amount available for chemical/industrial uses increases. According to wikipedia, currently 84% of petroleum produced globally is burned as fuel. Eliminate that and other use cases get 5x cheaper.
@hyc @Vonskinnback @nickofnz that isn't how price/demand curves work, they aren't purely linear.
If nothing else most oil mined today has a unit cost price will above that price, so if that is the price supply plummets.
@LovesTha @Vonskinnback @nickofnz even so, that's not what's really important. What's important is that the remaining supply will last 5x longer if we stop burning so much of it.

@nickofnz am I mixing up two different stories here?

Is this the same Aus state that Elon Musk made the battery storage for after the government said it couldn't be done?

It's a few years ago and my recollection is patchy at best.

@dar @nickofnz Yes, but as with everything with Elon the story is a bit more complicated than that.

https://www.abc.net.au/news/2022-08-13/tesla-big-battery-began-with-elon-musk-mike-cannon-brookes-bet/101301882

A bet between billionaires created the first big battery – but for SA's premier, it wasn't that simple

It's been five years since the construction of Elon Musk's giant battery in rural SA. But for then-premier Jay Weatherill, the tweets that triggered the Tesla project were a double-edged sword.

@fullfathomfive @nickofnz This was when he was still wearing the 'likeable' mask.

RE: https://mastodon.social/@gusseting/116391056837022378

@JulianOliver don't believe the climate hype re: Australia's "massive" renewables use nearing 100% renewables. Australia is at 9% renewables as a % of total energy consumption, and is the largest user of diesel per capita in the world ⬇️

@gusseting @JulianOliver
Some nuance: if that 9% figure is correct, it would be skewed by the massive mining (and to a lesser extent) farming industries. There is very little cargo shipped by rail, with some ocean going traffic - most is moved by road in trucks.

The electricity grids are much greener than total energy use, with rooftop solar providing a lot of savings.
1/2

@gusseting @JulianOliver
Trucking should be aggressively decarbonised now electric trucks are here, but this government isn't investing in the charging network needed for that process to start
2/2
@robloblaw Thank you for your thoughts.
I've had similar conversations previously.
result:
https://mastodon.social/@gusseting/116384914471772450
@gusseting @robloblaw Go read up on the primary energy fallacy.
@gusseting
It is a petrostate, with all the corruption that implies; but renewables are the cheapest form of new electricity generation, EVs are cheaper than ICE vehicles. The grid getting cheaper and greener benefits all, even though it currently favours home owners (roof top solar + batteries).
1/2

@gusseting
How much of that gas usage is spent cooling methane for export? Gas networks for homes and industry are already worrying about death spirals as heat pumps replace them for heating, and state gov. incentives discourage gas cooking.

Where did that data come from? It seems like coal usage should have reduced more than that recently.
2/2

@robloblaw @gusseting

Sorry to be pedantic, but "petrostate" refers to a country whose economy is dependent on oil exports, like Russia or Saudi Arabia. We could even say Canada is one for the sake of argument, or to make a point. Australia though is definitely not.

@alessandro @robloblaw @gusseting
Canadian here, shamefully supportive for the clarification, as we raise our hand as 11th highest carbon contributor per-capita globally (just behind Saudi Arabia)
@robloblaw @gusseting @JulianOliver Fortescue mining has an agressive decarbonisation plan based on electricifcation and renewables. It should also save them money and insulate them from volatile fossil fuels prices. Meanwhile the Bellevue gold mine is already 90% wind and solar powered. So even the supposed hard cases can be electrified.
@bjn @gusseting
For remote mining sites, renewables + batteries is a competitive edge. Trucking diesel is very expensive.
@gusseting @JulianOliver So what’s your point? That SA should give up on solar and wind because they haven’t got all diesel vehicles off the road yet? Reducing dependence of fossil fuels requires electrifying the hell out of everything, and cheap clean electricity is the enabler for that. It is already changing things, eg: BEV sales are surging. 1/2
@gusseting @JulianOliver Given electricity’s inherent efficiency over combustion, each time you replace a burny thing with a sparky thing, you typically need 3x less primary energy as input for the same amount of useful energy out the end. Your diagram doesn’t show that inherent advantage. 2/2

@gusseting Further to that point, the top 10 selling ICE vehicles in Australia are currently cost over ten times as much to run as the top 10 selling BEV vehicles. Cheap clean electricity will flip things around. At those prices it will flip them _fast_.

https://gulfnews.com/business/energy/march-2026-to-change-everything-tipping-point-for-global-ev-adoption-1.500484007

Why March 2026 will 'change everything' — war-induced tipping point for global EV adoption

Accelerated collapse of ICE cars seen, as oil crisis drives 'replacement under pressure'

Gulf News: Latest UAE news, Dubai news, Business, travel news, Dubai Gold rate, prayer time, cinema

@nickofnz
The South Australian grid is almost an isolated one. The transmission link to Victoria is very constrained.

Such a small geographic area (albeit one with great solar and wind resources) going 100% renewable is proof it can work everywhere.

Energy intensive industries are starting to move there for the cheap, reliable power.

@nickofnz @Bundesregierung Eure korrupte Ministerin Eon Reiche pusht währenddessen weiter extrem teuere #gewaltenergien statt günstige, klimaschonende #heimatenergien voranzutreiben und uns unabhängig zu machen.

Stoppt den Wahnsinn. Das sind die wenigen Profite nicht wert. Oder ist euch Egoisten die Welt und die Deutschen Bürger so egal?!

@nickofnz This is the horror scenario #bigoil is so afraid of. This is why #bigoil is bribing politicians to maintain the status quo. Profits are the reason why they don’t care to burn the planet.
@nickofnz but what about the profits for large energy companies and oil firms????!!!?
@Nick Young :tinoflag: So operators of solar panels, wind turbines, and battery storage facilities don’t receive any subsidies, right? RIGHT?? 🙄🤦‍♂️
@nickofnz and people have now more money to spend on other things.

@nickofnz

That is awesome. Here we are slaves to the oil masters.

@nickofnz It's a bit obvious for the *whole* of Oz, isn't it, with lots of land and lots of sunshine?

@nickofnz Good for Australia but doesn't mean it should (or work) for every country e.g. Finland.

But I like the idea of more autonomous life and increasing the share of renewable sources wherever it is possible.

@ddens @nickofnz

Well obviously. For Finland it should be mostly a mix of wind, hydro and nuclear but shouldn't forget solar either, during the summer that would be excellent. And its not like the whole country is in darkness during the winter, panels would work fine in the most populated areas for 5-6 hours per day, even during the darkest time of the year.

@ddens @nickofnz well it has worked for Scotland, Uruguay, Costa Rica and Norway. All very different countries all 100% renewable electricity
@peterbrown @nickofnz but doesn't for Germany, France, Denmark, Sweden, Finland, etc.

@ddens @nickofnz of course it doesn’t. Because hydro power, wind and the sunshine are different in those countries ;)

Uruguay’s transitioning to renewable electricity was spectacular because it was fast and didn’t cost the government a penny. The whole process was overseen by a physicist not a politician. Simply by adjusting incentives and taxes the private electricity companies did all the work themselves at no cost to the government.

@nickofnz I think the article glossed over how useful the interstate connections are. They are reasonably important to making everything work (not that they hide carbon, but that they help balance local weather fluctuations)
@nickofnz Aw gosh that's incredible!