Tag: Tasmania

The Cost of Tasmania’s Energy Scandal

In March 2016, The Marcus Review gave a full account of how Tasmania’s energy scandal came about, before concluding the bleeding obvious:

When all is said and done, the cost of the 200 temporary diesel generators alone could come close to (or exceed) what it cost to build the Tamar Valley gas plant. It all depends on when Basslink can be fixed. Using the figures at the very top of this article, the diesel bill will sail over $100 million if Basslink isn’t functioning within three months – which is almost half the Tamar Valley build cost of $230 million. Just stop and think about that for a minute.

On top of this, there’ll also be the cost of building a second Basslink cable (which should have been done in the first place*) and re-commissioning the Tamar Valley gas plant and then doing goodness knows what to it after that. There will also be many more consequential costs on top of this (e.g. millions on government inquiries, ‘re-structuring’ and the like).

One thing is for sure, the short term money that Hydro Tasmania made between 2012 and 2014 will be completely and utterly dwarfed by the cost of this mess.

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Tasmania’s Energy Scandal

Tasmania has provided yet another example of what happens when you let the lunatics run the asylum for too long. This time, it has run out of electricity to the point of needing 200 temporary diesel generators – at a start up cost of $44 million, plus operating costs of $22 million per month.

As you’ll soon see, these costs are merely the steam emanating from the hot pile of dung shoveled up in this scandal – whose key players include a greedy government owned hydroelectric operator, an inept State government and Australia’s most socialistic Prime Minister in history.

Even if you’re not Tasmanian, you should care about this: it’s your money that’s paying for it.

Continue reading “Tasmania’s Energy Scandal”