"It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong." Richard P. Feynman
Sunday, May 22, 2011
Power Bills forecast to Double says Supplier.
TRUenergy , a four billion dollar player in Australian energy market has predicted that power prices will double in the next six years after a carbon price is introduced. Shortage of base load power is looming while Gillard and the Greens are romancing with "green power " which can never be used as base load. The lead time for new power stations is considerable and capital is scarce in the current uncertain environment.