by NICK ROSEN on SEPTEMBER 21, 2014 - 0 Comments in OFF-GRID 101
By David French – journalist on the Queensland Times (a greedy newspaper)
RATHER than embracing change, the owner-custodians of Queensland’s power industry have treated it as a cash cow. They have milked the assets for cash, failing to invest in generation, and over-investing in distribution. Those lurks ended, now they are going to hive off the poles and the wires.
At the same time the overall industry has been the domain of engineers and unions, none which (generally and sadly) is particularly well versed in understanding the characteristics of markets.
Let me help all participants with a few facts: (more…)