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'Intermittent and unreliable': Australia has 'massively overinvested' in renewables

The article from MSN discusses the concerns raised by the Institute of Public Affairs (IPA) regarding Australia's investment in renewable energy sources. According to the IPA, Australia has "massively overinvested" in renewables like wind and solar, which they describe as intermittent and unreliable. The report highlights that despite significant investments, these energy sources have not provided the expected reliability and affordability, leading to higher electricity prices and potential energy insecurity. The IPA argues that this over-reliance on renewables has resulted in an energy system that is not only expensive but also vulnerable to blackouts, especially during periods of low wind or solar generation. They advocate for a more balanced energy policy that includes a mix of energy sources, including nuclear power, to ensure stability and affordability in the energy supply.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/politics/government/intermittent-and-unreliable-australia-has-massively-overinvested-in-renewables/ar-AA1v3jMY ]