Tomago's Meltdown and the Reality of Renewables
Rio Tinto's negotiations with governments over the future of its Tomago aluminium smelter have become a high-stakes drama.
However, critics have distorted the narrative, blaming renewable energy for higher prices. In reality, facilities become more expensive as they age.
It's time to correct the narrative that blames renewable energy for higher prices and face the reality – facilities get more expensive as they age.
The true causes of Tomago's struggles need to be acknowledged, rather than perpetuating misinformation.
Author's summary: Tomago's meltdown is not caused by renewables, but by aging facilities.