"It would basically be buying a lot of power when power prices are low"
New Zealand has NO SUCH surplus of low-cost power so Onslow would remain mostly empty.
Marc Daalder 🤡should stop spouting Earl Bardsley's🤡 nonsense.
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Onslow is NOT a "real solution to our dry year issue" - +2GW of wind power IS.
Read my report and then you will know.
Dry years problem solved, more wind power, North Island pumped hydro – New Zealand 100% renewables without Onslow
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Minister Chris Bishop is poorly advised to fast track such an unworkable project as Onslow.
This may be an attempt to embezzle public funds from the Reserve Bank because the private sector will not invest in the Onslow scam.
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Fair enough to expect apologies for cancelling wise windfarm and solar initiatives - but no-one should apologise for correctly cancelling the Lake Onslow battery folly.
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Molten salt energy storage is utilised for big solar thermal power stations with lots of mirrors - not sure if that's what Ezra has in mind - but I would recommend saving molten salt for use as an energy storage upgrade for Huntly.
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My plan for #RE100 #NZenergy suggests increasing solar power❌9️⃣ and wind power❌3️⃣, advocating for both - but just cutting red tape for solar & batteries while saving the #NZpol Govt. subsidies for +2,400MW wind & 3GW/30GWh North Island pumped hydro.
scottishscientist.wordpress.com/2023/04/12/n...
The "other renewable options" are so much better than the folly of Lake Onslow.
Dry years problem solved, more wind power, North Island pumped hydro – New Zealand 100% renewables without Onslow
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"a private consortium has applied for a fast-track consent to revive the scrapped pumped-hydro project at Lake Onslow"
That dinosaur - Onslowsaurus🦕 - cannot be revived other than as a scam to embezzle the Reserve Bank of NZ.
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🤡Bardsley's Onslowsaurus 🦕🆚NZ's real pumped hydro needs.🤓
ISLAND South🦕🆚North✅
ENERGY STORED 5,000GWh🦕🆚<50GWh✅
STORAGE TIME inter-year🦕🆚intra-week✅
POWER 1GW🦕🆚up to 3GW✅
COST $16 billion🦕🆚a few $ billion?✅
#NZpol #NZpolitics #NZenergy
"Pumped Hydro Holdings Limited" screams CONFLICT OF INTEREST for acting Reserve Bank chair Rodger Finlay - SACK HIM!
Private sector won't invest in Onslowsaurus.🦕
Beware underwriting with Reserve Bank cash of doomed scheme.
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