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Mike Hosking: It's time to fix our broken electricity industry

Author
Mike Hosking ,
Publish Date
Mon, 12 Nov 2018, 10:03AM
All the clean, green stuff we are so desperate to embrace actually doesn’t solve our problem. Photo / Getty Images
All the clean, green stuff we are so desperate to embrace actually doesn’t solve our problem. Photo / Getty Images

Mike Hosking: It's time to fix our broken electricity industry

Author
Mike Hosking ,
Publish Date
Mon, 12 Nov 2018, 10:03AM

So having conducted several interviews last week about our power industry, and with the news over the weekend that Flick has lost 2500 customers, and several small retailers in serious trouble, my sense of this is we have genuine and ongoing issues.

And the reassurances we got from the Energy Minister I am highly sceptical of.

Now, whether the gas is dodgy at the moment isn't really the major problem, the major problem is our ongoing reliance on hydro, it's connection to nature, and therefore our inability to have any real say over it, and the attitude we appear to have to alternatives.

The fact that we sit here in 2018 so delicately teetering on the precipice of shortages is reprehensible. Something as profound as power should never even come close to being an issue, and yet it is.

And not only is it, we don’t seem to be anywhere close to agreeing on why we are, where we are. We are constrained by the fact we are a small country with difficult terrain, not a lot of people, therefore we have one lines company and a limited number of generators.

By the way, given the Government's obsession with the banking and petrol industry, why aren't they sending the Commerce Commission in to look at power? Why is power, with its small number of retailers, not reason to freak out the way they have with oil and banks?

Anyway, not only are we reliant on it raining, we don't seem to want to get going on alternatives. Megan Woods talked last week about wind - wind isn't an answer. It plays a part, but it doesn’t come close to doing what water or coal does.

And that’s before you get to the bit where no one wants a wind farm within a hundred miles of them, we don't more dams, we don't want fossil fuels, and solar is like wind, sort of useful but not the real thing.

I, by the way, was going to run a gate at my house on solar until they told me it was riddled with issues, and something as simple as opening a gate required a ludicrously large amount of panels and batteries.

So here we are importing coal, spot retailers going out of business, the lakes low, demand up, and gas on the blink. Does any of that strike you as first world?

No, me neither. Our theory once again doesn’t meet reality. All the clean, green stuff we are so desperate to embrace actually doesn’t solve our problem, ask South Australia.

We either want to get real, or adhere to things like the Paris Accord, but do it in the dark.

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