Tuesday, 18 November 2025

The LNP's energy policy

 Okay we do not know but we can take an educated guess.

nuclear power

No Public ownership but bans are lifted. good so far but given nuclear power is much more expensive than coal and takes twice as long to build this becomes an academic argument.  Also very important baseload power in incompatible with rooftop solar.

coal powered power

 The government would provide support in financing thus  lowering borrowing costs. They would 'sweat' out exing assets.There is no intertest from the public sector in building coal fired power stations. They take 8 years to build , even new ones break s down on hot days ( ironic eh), they take too lomn ng to start and shut down, they need to be going 24 hours a day, they only make money at night ( solar duck curve) and are incompatible with rooftop solar.  I should also add units breaking down is what AEMO worries about every summer re blackouts.

Sweating out existing assets is mad. This is one of the reasons energy costs are so high. This would make it worse. Lowering borrowing costs is academic when no-one wants to build any plants.

gas

They want to flood the country with gas to ensure prices fall. Unless you legislate this it won't happen and what happens when this hits overseas contracts.compaines are put in an invidious position.

renewables

This sector will be put on hold


This is all mad and like under Dutton I very doubt this would ever be applied but it adds to uncertainty.


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