Electricity prices fell for forty years in Australia, then renewables came…

Electricity prices fell for forty years in Australia, then renewables came…, by Joanne Nova.

Here’s the last 65 years of Australian electricity prices — indexed and adjusted for inflation. During the coal boom, Australian electricity prices declined decade after decade. As renewables and national energy bureaucracies grew, so did the price of electricity. Must be a coincidence…

Today all the hard-won masterful efficiency gains of the fifties, sixties and seventies have effectively been reversed in full.