Earlier quoted context omitted.
Mostly the Coalition. Seriously. It’s clear from the AEMO market makeup etc. that almost all the cost increase was attributable to the cost of gas (due to Santos having contracts to export more gas than they had supply for to Japan etc., while the international gas price has fallen. So they are sucking up gas on the domestic market pushing up domestic prices and their liquefication operation is unprofitable anyway).…
> Mostly the Coalition. Seriously. Pull the other one, the risk is something like what happened in Germany. The cheap, reliable option in Australia is coal. So an investor has 2 options: 1) Invest in coal. At some point a Labor-Green government gets in and copies the German model - all your capital now makes a loss (ie, the plant you just built). 2) Invest in something else. This isn't as politically risky, but if th…
Really?
The 2017 Lazard report (which I think is generally pretty well regarded) has them at:
Coal, min: 60, max: 143
Wind, min: 30, max: 60
https://en.wikipedia.org/wiki/Cost_of_electricity_by_source#...
There are plenty of other sources on that page. You'll quickly find that most show wind power being cheaper than coal since around 2012 (even without a carbon price).