Ianhill said:
Stop listening to the oil funded news
I don't know if it's exactly the same all over the world but the twisted reality of Australian fossil fuel generators and energy companies is that they have ALL been building wind/solar plants ever since subsidies came in for renewables while SHUTTING down their fossil fuel arms, and have ended up making far MORE money, because all the renewables and lack of energy supply forced up the prices of energy, due to "Supply and demand LAW".
The sad (twisted) reality is I am super-sure the fossil fuel companies knew they would ONLY end up making more money, they knew the more wind/solar were embraced while shutting down their fossil fuel arms the MORE money they would make. :x :lol: :x
Like I said in my last post, the owner of Hazelwood made a killing selling whole sale electricity from it's other assets AFTER closing their "evil" Hazelwood coal-power station, and yes of course they knew it would happen. The particularly crazy thing about Hazelwood was the Victorian government basically forced them to do it, when normally it's something the energy companies want to do but are afraid of the backlash from at least the local jobs and surrounding community...
https://endless-sphere.com/forums/viewtopic.php?f=26&t=89002&start=6875#p1700362
To give you a mere taste of how much research fossil fuel companies do on any project is the fact they have all long had the most powerful super-computers and research teams in the world.
BP supercomputer now world’s most powerful for commercial research
https://www.bp.com/en/global/corporate/news-and-insights/press-releases/bp-supercomputer-now-worlds-most-powerful-for-commercial-research.html
The fossil fuel companies have long just been secretly laughing at the general public who think they are hurting them by all moving to "renewables", because the FF companies paid for the best minds in the world to research what the outcome would be, and BP etc all knew from the start they would just make FAR more money "moving to renewables".
Every FF CEO would have commissioned more research 10 times over, and would just get summary report saying "no matter what model used the more renewables deployed the more money we will make guaranteed, no matter what".
The "big evil fossil fuel companies" have always been 3 steps a head from the VERY beginning.
In Australia for the last 10 years its been a problem where the "evil fossil fuel" energy companies have been closing their coal-power stations even decades earlier then expect in some cases. The federal government has offered to buy them from the energy companies but they of course have refused to sell and are just dismantling them.
Yallourn, one of Australia's last brown coal power stations, to close early in favour of giant battery
https://www.theguardian.com/australia-news/2021/mar/10/yallourn-close-early-victoria-australia-brown-coal-power-stations-giant-battery
AGL brings forward closure date of two largest coal-fired power plants as market shifts to renewables
https://www.theguardian.com/australia-news/2022/feb/10/agl-brings-forward-closure-date-of-two-largest-coal-fired-power-plants-as-market-shifts-to-renewables
Australia’s largest coal-fired power station, Eraring, to close in 2025, seven years early
https://www.theguardian.com/australia-news/2022/feb/17/australias-largest-coal-fired-power-station-eraring-to-close-in-2025-seven-years-early
^I am using The Guardian here which will have the most twisted anti fossil fuel way of reporting it all and it still is pretty clear.
I feel stupid even having to point this stuff out.
