The Transmission line cost bomb just went off and it changes everything

This is big. So big the AEMO just announced transmission line costs are up as much as 55%, and they are going to re-visit projects they previously said needed to proceed (which is the nice way of saying they will have to axe some or many of them). What no one is spelling out, is that if the transmission lines can't be built, they also can't build the vast solar and wind "farms" that the Labor government was depending on. Suddenly a lot of renewable projects are orphans.

Australia is supposed to build 10,000 kilometers of high voltage transmission lines by 2050. But last week, the AEMO admitted in their Draft 2025 Electricity Network Options Report  that these interconnectors would cost between 25 to 55% more than expected, which makes them essentially unaffordable.

Plan B is where they pretend cars, home solar and batteries can save the "Transition"

The old plan of massive wind and solar factories spread across the continent is quietly mutating into a DIY version where the government hopes homeowners will rescue the Net Zero transition by buying the batteries the government and the wind and solar factories can't afford. What did I say a year ago: "They want you in an EV so they can use your battery to rescue the unreliable grid they built".

The code word for this is CER or Consumer Energy Resources.

The big question is whether the government can trick enough people into handing over the cash to buy an EV, or a home battery that even with a $4,000 subsidy will barely break even in a best case scenario. What happens when the punters realize the battery they bought to reduce their own costs is being drained by our electricity management at peak hour to keep the grid from crashing?

What happens when the poor realize they are paying more for electricity so rich people can have solar panels and batteries and (slightly) cheaper electricity? Hell to pay.

Now they talk about "social licence"?

The AEMO and renewables fans are also admit the farmers didn't like them, so the routes had to be redrawn on longer, more difficult paths, and the payments for the pain and inconvenience turned out to be much larger than the inner city latte set expected. Thus and verily, the timelines have also blown out.